Developing capacity for research and policy formulation in the Pacific Island economies
PICDPR ’s predecessor, the South Pacific Centre for Central Banking (SPCCB) was founded in 2016 following the inaugural Deputy Governors’ Central Banking Symposium hosted by Griffith University, where discussions were held to elevate the region's study group (South Pacific Study Group) into a research centre for central banking. The SPCCB was formed to bring together world-class economic and finance experts, with a clear aim to help build capacity for research and policy formulation and has been committed to developing capacity for research and policy formulation at the South Pacific Central Banks.
The PICDPR intends to expand SPCCB’s capacity development goals and objectives to policymaking and research institutions and organisations beyond the central banks in the region. The COVID-19 pandemic has demonstrated yet again the need for various institutions to collaborate within the country and regionally.
PICDPR's Four-Pillars Program
Joint policy research working papers
We mentor and co-author partner institute researchers in producing working papers and publishing in well-ranked international journals. These are available on the PICDPR website.
Training and development
We provide face-to-face and online training and workshops to enhance research skills and have a co-funded PhD program. We also hold research seminars, symposiums and conferences for and with the region, in collaboration with stakeholders.
Project based activities
We organise workshops, symposiums and training, with international experts, on areas and issues relevant for PICs for greater awareness and capacity building. We also provide technical assistance on request.
Global visibility
Via media, publications, interviews, etc. we are making the region increasingly visible to the rest of the world with regard to its research-to- policymaking endeavours.
Vision
Entrenching academic rigour, analysis and evidence in economic policy making in the Pacific Islands through research, training and policy outreach.
Mission
Strengthening local and regional capacity for conducting independent, rigorous inquiry into the problems facing the management of economies in the Pacific Islands, founded on two basic premises:
- that development is more likely to occur where there is sustained sound management of the economy
- that such management is more likely to occur where there is an active, well-informed group of locally based professional economists to conduct policy-relevant research.
Objectives
- to build a credible local capacity for policy-oriented research
- to generate research results for use by policy analysts and policy makers
- to promote links between research and policy
- to encourage retention of high-quality researchers
- to enhance global visibility of the region’s research and policy-making endeavours.
Key Funding Partners
Griffith currently has developing capacity MoUs with the central banks of Fiji, Papua New Guinea, Solomon Islands, Vanuatu. Timor-Leste and the Republic of the Marshall Islands Office of the Banking Commission.
You may follow the links below to the respective web sites.
Key stakeholders





