About Steve PollardSteve Pollard is known in the Pacific as a government employee, researcher, consultant, and donor staffer having retired from the Asian Development Bank at the end of 2011. He has 30 years’ experience working toward the interest of better policy for better livelihoods in the Pacific and 40 years’ experience in development.
By Steve Pollard. Posted May 15, 2014
With the center of global economic activity shifting rapidly from the United States and Europe toward Asia, opportunities are being generated for the Pacific developing member countries (DMCs) of the Asian Development Bank (ADB) to benefit from increasing economic interdependence with Asia. Economic transmission channels are (i) trade in goods; (ii) trade in services, in particular tourism; (iii) finance and foreign direct investment; (iv) labor and remittance flows; and (v) aid.
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