Maldives Overcoming the Challenges of a Small Island State Country Diagnostic Study

Published By: Asian Development Bank Institute | Published Date: February, 01 , 2015

This report identifies four critical constraints to inclusive growth in the Maldives: (1) inadequate and poor quality maritime infrastructure that constrains connectivity, limits provision of basic goods and services, and results in high transport and logistics costs; (2) lack of professionals and highly skilled human resources, as evidenced by the low level of educational attainment and skills among the national labor force; (3) the high public debt and narrow fiscal space, which limit public investment in infrastructure and social services; and (4) weak financial intermediation that inhibits the development and expansion of micro, small, and medium enterprises (MSMEs), which are important for generating productive employment opportunities.

Author(s): Asian Development Bank Institute | Posted on: Mar 17, 2016 | Views() | Download (980)

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