While the macroprudential framework for banks is relatively well developed and provides authorities with tools to address cyclical and structural systemic risks, the framework for nonbanks is still in its infancy and needs to be further developed. There are substantial differences between banks and non-banks.
Economic performances  •  Several factors affect the economic performance of small island states in the Pacific. These include smallness and isolation of the islands, globlisation and the gradual loss of preferential markets, weather and environmental factors, lack of capacity and political instability.