A five-part publication on economic and social development in the Pacific islands, this book examines a time of great change in the world and in the islands themselves. Sketching the dimensions of distance, scale, variety, and change, the study describes the process of achieving political independence and some of the external constraints and opportunities that have emerged for the independent Pacific island states in their pursuit of economic growth. It also looks at issues in the management of Pacific island economies, both at the level of the whole economy and in specific sectors, including foreign aid and financial systems. Further discussions examine some of the social dimensions of the development process and describe how problems of governance and public sector reform are evolving. Ultimately, the book suggests broad guidelines for economic managers based on experiences of the last two or three decades in the Pacific islands and elsewhere.