Financial Institutions and Foreign Investment
Similar to free trade agreements (FTAs) financial institutions and foreign investment (FIFI) play in undermining the economic self-determination of the Pacific Island Countries and territories. Our financial institutions and foreign investment campaigns works to challenge the neoliberal frame of development that is pushed onto the Pacific through the constraints on development options that enforce growing international debt and reliance on aid.
Over the last decade, the Pacific has witnessed a number of investment projects supported by donor agencies and multilateral financial institutions. Although policies and partnership strategies with financial institutions are seemingly benign, PANG will build on its global World Bank and Chinese investment assessments with the aim to protect livelihoods, culture and the environment of Pacific peoples.