Finally, investors also look at the quality of labour and their unit cost. The efficiency of capital is a key decision maker. Productivity therefore becomes an important issue for investors. Secondly, exports must drive growth – exports must be the key driver of economic growth for a country like Fiji.
There is, in my view, no other way to grow the economy in a sustainable manner. When we export either goods or services, we are competing with other countries supplying the same products. We cannot rely on preferential access anymore. As I said they are already coming down. We must stand on our own two feet.