This note presents a summary of a study published in the notes of the Institut d’émission which proposes modelling Caledonian and Polynesian bilateral exchanges, as well as those between other small Pacific island economies with the help of a gravity model (see box 2). The results obtained show the main determinants, and accordingly the factors limiting or supporting intra-regional (...)
The economic evolutions of the two French overseas Territories were divergent in 2010. While French Polynesia again found itself on the sidelines within the world economy bankruptcy process, New Caledonia reaped the benefits of the world economic recovery and the knock-on effect of major projects.
Despite these divergent movements, the two French overseas Territories saw a significant fall in current account balances in (...)