Over $F40,000 grant given to USP research team

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A research team from USP has been granted $US24,000 (over $F40,000) to conduct a research on development in the Pacific.

The research is titled ‘Growth Volatility in Pacific Island Countries: A Cross-Country Perspective’, under the Global Development Network  grant.

The team comprises three academics from USP’s School of Economics — Baljeet Singh, Dr Hong Chen and Professor Biman Prasad.

“Macroeconomic volatility is a pressing issue, at the moment. And it has come at the same time as the university is putting emphasis on research clusters,” Mr Singh said in a statement released by the university.

The team is expected to submit a draft report to the GDN by June, 2013, but have time to fully conduct and compile research till April 2014.