Building capacity for research and policy formulation at the South Pacific Central Banks

Founded in 2016, SPCCB is committed to developing capacity for research and policy formulation at the South Pacific Central Banks.  The aims and objectives of the program are founded on the following two basic premises:

1. that socio-economic development in the region is more likely to occur if there is sustained sound management of the economy; and
2. that such management is more likely to happen if there is an active, well-informed group of locally based, adequately trained and professional researchers to conduct policy-relevant research.

Accordingly, the objectives of SPCCB include:

• 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

Key stakeholders of the program include: Reserve Bank of Australia, Reserve Bank of New Zealand, World Bank, ADB, IMF, DFAT and commercial banks.