As we launch the first issue of Pacific Business Review, we do so at a time when the Pacific region is navigating profound economic shifts. Growth remains steady but fragile. The Asian Development Bank projects a regional expansion of 3.9 percent this year, easing to 3.5 percent in 2026, underscoring both resilience and the limits of current capacity. Inflationary pressures, supply chain disruptions, and heightened climate risks continue to challenge policymakers and businesses alike.
At the regional level, the Pacific Roadmap for Economic Development 2025–2030 provides a framework for charting a more inclusive and sustainable path. With priorities spanning governance, private sector growth, labor mobility, and digital transformation, the roadmap reflects both ambition and collective determination. Its impact, however, will depend on effective execution and sustained cooperation across governments and institutions.
Resource industries remain central to many economies, yet the Fraser Institute’s 2024 global
