There is support for a call to set up a regional financial institution to serve Pacific Island countries.
Dr Biman Prasad, the head of the economics department at the University of the South Pacific, says it would have the needs of each country as it's focus which is not always the case with the international financial organisations.
Last week, a Fiji lobby group said that the International Monetary Fund and the Asian Development bank attached too many conditions to their loans and imposed economic reforms.
Dr Prasad says there is a need for the IMF and the ADB, but there is also a place for a regional financial institution.
"It might be a complementary thing to look at, or to have an institution like that, that will spearhead the process of economic reform, the process of restructuring some of these economies, the process of helping them to understand how best they can put themselves and reap the benefits of global trading regimes we might see in the next few years and so forth."
Dr Biman Prasad, the head of the economics department at the University of the South Pacific.
