Global Financial Instability Shows Need for Fiscal Discipline in the Pacific - ADB

The eurozone crisis is expected to have only limited impact on the Pacific because the region’s growth prospects are more closely tied to the economies of Australia and New Zealand. Read More

Developing Asia's Growth to Moderate Amid Global Uncertainty - ADB Report

ADB has cut its 2011 and 2012 growth forecasts for developing Asia amid ongoing worries about weak external demand from its key trading partners. Read More

ADB Warns of Hunger Risk From Climate Change

Climate change threatens to increase hunger and malnutrition among the Pacific region's poorest people unless there is action soon, says a new ADB report. Read More

Resource-Rich Pacific Economies Thrive While Others Lag - ADB Report

The Pacific’s resource-rich economies of Papua New Guinea and Timor-Leste will continue to expand strongly this year as commodity prices remain firm but growth in the rest of the region is set to remain subdued, says the new issue of ADB’s Pacific Economic Monitor. Read More

Overview

The Cook Islands became a member of the ADB in 1976. Since then, ADB has approved 15 loan projects amounting to $55.0 million and 31 technical assistance projects of almost $10.9 million.

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Fast Facts

28.4% (2006)
of the population live below the national poverty line

95.0% (2005)
of the population used an improved drinking water source

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