Abstract:
Pacific Island countries (PICs) are facing enormous challenges related to profound changes underway across their societies and economies. Climate change, migration, monetization, slow and volatile economic growth and the transition from traditional subsistence-based economies to market-based ones, together with the erosion of natural and social capital, and the diminution of traditional social structures are among some of the factors shaping new ways of life in the Pacific. Despite the fact that most PICs are middle-income countries, and are ranked as having medium-to high human development, and are among the highest per capita aid recipients in the world, progress on achieving the MDGs is mixed, and only two PICS - Niue and Cook Islands - are on track to achieve all of the MDGs by 2015.