Aggregate demand We have looked at the sectors. Let me now talk about the economy from what we economists call the expenditure side. This approach will give some very useful insights on what we could do to raise growth. To put it very simply, economic growth is an aggregate measurement of what we produce in Fiji.
This is equivalent to what we all spend in the economy. The expansionary policies that we introduced after 2000 were aimed at inciting spending in the economy. As I said, this policy package has worked very well and the economy has been driven largely by domestic demand in the last four years. Simply put, people, government and corporations are spending more.