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Part III: Tailoring Macroeconomic Policies to the Small States of the Pacific

Part III: Tailoring Macroeconomic Policies to the Small States of the Pacific »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

...

Part II: Managing External Spillovers, Shocks, and Vulnerabilities

Part II: Managing External Spillovers, Shocks, and Vulnerabilities »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

...

Part I: Setting the Stage: The Quest for Resilience and Growth in the Pacific Islands

Part I: Setting the Stage: The Quest for Resilience and Growth in the Pacific Islands »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

...

Chapter 9. Vulnerabilities of Isolated Small Island States in the Pacific

Chapter 9. Vulnerabilities of Isolated Small Island States in the Pacific »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

This chapter considers features of small island states in the Pacific region as well as in Asia, and documents some of the key characteristics that set them apart from small states in other regions. The chap...

Chapter 14. The Role of Excess Liquidity and Interest Rate Pass-Through for the Monetary Transmission Mechanism in the Pacific

Chapter 14. The Role of Excess Liquidity and Interest Rate Pass-Through for the Monetary Transmission Mechanism in the Pacific »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

Monetary transmission in the Pacific is complicated by the absence of a number of channels that are available to central banks in advanced economies. This leaves monetary policy dependent on interest rate pa...

Chapter 4. The Pacific Speed of Growth: How Fast Can It Be and What Determines It?

Chapter 4. The Pacific Speed of Growth: How Fast Can It Be and What Determines It? »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

1 Although the region’s two resource-rich countries, Papua New Guinea and the Solomon Islands, rebounded strongly on the back of high commodity prices after the cri...

Chapter 5. Strengthening Macro-Fiscal Resilience to Natural Disasters and Climate Change in the Small States of the Pacific

Chapter 5. Strengthening Macro-Fiscal Resilience to Natural Disasters and Climate Change in the Small States of the Pacific »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

The Pacific island countries (PICs) are among the most susceptible to natural disasters in the world. The combination of location and small size heightens their vulnerability to earthquakes and weather-relat...

Chapter 10. Strengthening Fiscal Frameworks and Improving the Spending Mix in Small States

Chapter 10. Strengthening Fiscal Frameworks and Improving the Spending Mix in Small States »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

1 Most important, the indivisibility of the provision of public goods and public sectors, which are the main employers, introduces rigidities into budgets, tilting...

Chapter 2. Raising Potential Growth and Enhancing Resilience to Shocks

Chapter 2. Raising Potential Growth and Enhancing Resilience to Shocks »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards. Small populations, geographical isolation and dispersion, narrow export and prod...

Chapter 15. Planning Public Financial Management Reforms in Pacific Island Countries

Chapter 15. Planning Public Financial Management Reforms in Pacific Island Countries »

Source: Resilience and Growth in the Small States of the Pacific

Series: Books

Author(s): Hoe Khor , Roger Kronenberg , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

ISBN: 9781513507521

Keywords: Pacific islands, small states, natural disasters, climate change, foreign aid, resilience, dispersion, distance, remoteness, fisheries

Weaknesses in public financial management (PFM) compound economic vulnerabilities in many Pacific island countries (PICs). These countries face challenges in small domestic markets, high transport costs, and...