@article{oai:ir.kagoshima-u.ac.jp:00011341,
 author = {Reddy, Mahendra},
 issue = {1},
 journal = {南太平洋研究, South Pacific Study},
 month = {Oct},
 note = {Natural disasters are common to Pacific Island countries and have caused a major drain in government's annual budget. Apart from the short term and direct effect of loss in capital stock and GDP, the long-term effect on development of the economy arise out of the loss of capital stock and the deferred capital project allocations for use in relief and rehabilitation work. The economy is also effected in the longer run through increased borrowing, debt and debt charges. This constitutes a large portion of government expenditure. The high level if
indebtedness and budget deficit was also a reason for government to change its economic policy direction to one of a export led growth and development, In summary, the impact of natural disasters has had a serious effect on the economy both in the short and long run. The longer run impact is now compounded by the fact that economic
policies of the island economies has changed but has yet to deliver the desired goals. This paper examines these
cost scenarios and suggests possible policy options that the government could take to minimise the damage on the economy from the natural disasters.},
 pages = {33--43},
 title = {Natural Disasters and the Island Economies : An Examination of the Economic Cost of Natural Disasters in Fiji},
 volume = {21},
 year = {2000}
}