Policies

Less Money in Economy Sees American Samoa Banks Tighten Lending

Officials of ANZ America Samoa Bank and the Bank of Hawaii have been questioned by the House Ways and Means Committee concerning their loan policies.

Chairman Toeaina Faufano Autele says members of the public have complained that the banks are very strict and requiring more documentation and taking more time to approve loans.

Steve Watson of ANZ says they have had to tighten its loan underwriting because there’s less money in the economy.

Pacific 2020 Background Paper: Employment and Labor Markets

To identify challenges to employment growth and identify potential policy interventions for improving labor markets. American Samoa is cited in only a few statistics, but other South Pacific jurisdictions are thoroughly covered.

Pacific 2020: Challenges and Opportunities for Growth

This document assesses the economic status of the Pacific Islands and identifies opportunities for growth and development.

Pacific 2020 Background Paper: Framework for Growth

To summarize the Growth Experience of developing countries over 25 years in order to inform Growth and Development Strategies in the South Pacific.

US Territorial Policy: Trends and Current Challenges

Analyzes evolution of US relations with island jurisdictions and identifies critical Economic Challenges in the (new) context of globalization.

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