Questions

1. Discuss four constraints of financial development in the small Pacific Island Countries, with examples to support your answer.
2. Using commercial and similar-type of bank in Fiji as a reference, various studies have empirically examined the determinants of certain key factors as part of the dependent variable in the analysis. Identify and define three key factors from the different studies, explain how these factors were measured quantitatively, and explain their importance or relevance for banks in Fiji.
3. Explain the term financial development and discuss three reasons why financial development is necessary for economic growth and overall progress of the economy.
4. . Define financial inclusion and discuss three ways in which financial inclusion promotes financial development