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Federated States of Micronesia

Federated States of Micronesia »

Article

Source: Federated States of Micronesia : Climate Change Policy Assessment

Volume/Issue: 2019/292

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

ISBN: 9781513513669

Keywords: Economic growth, Economic analysis, Balance of payments, Sustainable development, Fiscal policy, ISCR, CR, FSM, disaster risk, GCF

This Climate Change Policy Assessment (CCPA) takes stock of the Federated States of Micronesia (FSM)'s climate response plans, from the perspective of their macroeconomic and fiscal implications. CCPA explores the...

Federated States of Micronesia: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Federated States of Micronesia: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2019/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

ISBN: 9781513513263

Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF

This 2019 Article IV Consultation with Federated States of Micronesia (FSM) highlights that the economy has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account...

Federated States of Micronesia: Staff Report for the 2019 Article IV Consultation—Debt Sustainability Analysis

Federated States of Micronesia: Staff Report for the 2019 Article IV Consultation—Debt Sustainability Analysis »

Article

Source: Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2019/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

ISBN: 9781513513263

Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF

This 2019 Article IV Consultation with Federated States of Micronesia (FSM) highlights that the economy has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account...

Federated States of Micronesia: Staff Report for the 2019 Article IV Consultation—Informational Annex

Federated States of Micronesia: Staff Report for the 2019 Article IV Consultation—Informational Annex »

Article

Source: Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2019/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

ISBN: 9781513513263

Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF

This 2019 Article IV Consultation with Federated States of Micronesia (FSM) highlights that the economy has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account...

IMF Executive Board Concludes 2019 Article IV Consultation with the Federated States of Micronesia

IMF Executive Board Concludes 2019 Article IV Consultation with the Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2019/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

ISBN: 9781513513263

Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF

This 2019 Article IV Consultation with Federated States of Micronesia (FSM) highlights that the economy has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account...

Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia »

Journal Issue

Volume/Issue: 2019/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

DOI: http://dx.doi.org/10.5089/9781513513263.002

ISBN: 9781513513263

Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF

This 2019 Article IV Consultation with Federated States of Micronesia (FSM) highlights that the economy has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account...

Federated States of Micronesia : Climate Change Policy Assessment

Federated States of Micronesia : Climate Change Policy Assessment »

Journal Issue

Volume/Issue: 2019/292

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

DOI: http://dx.doi.org/10.5089/9781513513669.002

ISBN: 9781513513669

Keywords: Economic growth, Economic analysis, Balance of payments, Sustainable development, Fiscal policy, ISCR, CR, FSM, disaster risk, GCF

This Climate Change Policy Assessment (CCPA) takes stock of the Federated States of Micronesia (FSM)'s climate response plans, from the perspective of their macroeconomic and fiscal implications. CCPA explores the...

Statement by Nigel Ray, Executive Director for the Federated States of Micronesia and Sali David, Advisor to the Executive Director August 28, 2019

Statement by Nigel Ray, Executive Director for the Federated States of Micronesia and Sali David, Advisor to the Executive Director August 28, 2019 »

Article

Source: Federated States of Micronesia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2019/288

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 September 2019

ISBN: 9781513513263

Keywords: Real sector, Tax policy, Tax revenue, External sector, Gross domestic product, ISCR, CR, FSM, percent of GDP, CTF

This 2019 Article IV Consultation with Federated States of Micronesia (FSM) highlights that the economy has performed well in recent years, with relatively high growth and low inflation. Fiscal and current account...

Definitions

Definitions »

Chapter

Source: Regional Economic Outlook, April 2018, Asia Pacific : Good Times, Uncertain Times: A Time to Prepare

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

ISBN: 9781484339886

In this Regional Economic Outlook: Asia and Pacific, the following groupings are employed: “ASEAN” refers to Brunei Darussalam, Cambodia, Indonesia, Lao P.D.R., Malaysia, Myanmar, the Philippines, S...

Executive Summary

Executive Summary »

Chapter

Source: Regional Economic Outlook, April 2018, Asia Pacific : Good Times, Uncertain Times: A Time to Prepare

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

ISBN: 9781484339886

The economic outlook for Asia and the Pacific remains strong, and the region continues to be the most dynamic of the global economy. Near-term prospects have improved since the Regional Economic Outlook Upda...

1. Good Times, Uncertain Times: A Time to Prepare

1. Good Times, Uncertain Times: A Time to Prepare »

Chapter

Source: Regional Economic Outlook, April 2018, Asia Pacific : Good Times, Uncertain Times: A Time to Prepare

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

ISBN: 9781484339886

The world economy continues to perform well, with strong growth and trade, rising but still muted inflation, and accommodative financial conditions, notwithstanding some increased financial mark...

2. Low Inflation in Asia: How Long Will It Last?

2. Low Inflation in Asia: How Long Will It Last? »

Chapter

Source: Regional Economic Outlook, April 2018, Asia Pacific : Good Times, Uncertain Times: A Time to Prepare

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

ISBN: 9781484339886

Introduction and Main Findings Global growth in 2017 was the highest since 2011 and is expected to strengthen further in 2018–19, supported by broad-based momentum across countries a...

Regional Economic Outlook, April 2018, Asia Pacific : Good Times, Uncertain Times: A Time to Prepare

Regional Economic Outlook, April 2018, Asia Pacific : Good Times, Uncertain Times: A Time to Prepare »

Book

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

DOI: http://dx.doi.org/10.5089/9781484339886.086

ISBN: 9781484339886

Asia is expected to grow by about 51/2 percent this year, accounting for nearly two-thirds of global growth, and the region remains the world's most dynamic by a considerable margin. But despite the strong outlook,...

Front Matter

Front Matter »

Front Matter

Source: Regional Economic Outlook, April 2018, Asia Pacific : Good Times, Uncertain Times: A Time to Prepare

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

ISBN: 9781484339886

Asia is expected to grow by about 51/2 percent this year, accounting for nearly two-thirds of global growth, and the region remains the world's most dynamic by a considerable margin. But despite the strong outlook,...

Federated States of Micronesia: Staff Report for the 2017 Article IV Consultation—Debt Sustainability Analysis

Federated States of Micronesia: Staff Report for the 2017 Article IV Consultation—Debt Sustainability Analysis »

Article

Source: Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2017/280

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2017

ISBN: 9781484319642

Keywords: Article IV consultation reports, Economic growth, Fiscal sustainability, Climatic changes, Private sector, Fiscal reforms, Economic indicators, Balance of payments statistics, Press releases, Staff Reports

This 2017 Article IV Consultation highlights that the Micronesian economy continued its gradual recovery in fiscal year 2016 (ending September 30), after three years of contraction during 2012-14. Real GDP is estim...

Federated States of Micronesia: Staff Report for the 2017 Article IV Consultation—Informational Annex

Federated States of Micronesia: Staff Report for the 2017 Article IV Consultation—Informational Annex »

Article

Source: Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2017/280

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2017

ISBN: 9781484319642

Keywords: Article IV consultation reports, Economic growth, Fiscal sustainability, Climatic changes, Private sector, Fiscal reforms, Economic indicators, Balance of payments statistics, Press releases, Staff Reports

This 2017 Article IV Consultation highlights that the Micronesian economy continued its gradual recovery in fiscal year 2016 (ending September 30), after three years of contraction during 2012-14. Real GDP is estim...

Federated States of Micronisia: Staff Report for the 2017 Article IV Consultation

Federated States of Micronisia: Staff Report for the 2017 Article IV Consultation »

Article

Source: Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2017/280

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2017

ISBN: 9781484319642

Keywords: Article IV consultation reports, Economic growth, Fiscal sustainability, Climatic changes, Private sector, Fiscal reforms, Economic indicators, Balance of payments statistics, Press releases, Staff Reports

This 2017 Article IV Consultation highlights that the Micronesian economy continued its gradual recovery in fiscal year 2016 (ending September 30), after three years of contraction during 2012-14. Real GDP is estim...

IMF Executive Board Concludes 2017 Article IV Consultation with the Federated States of Micronesia

IMF Executive Board Concludes 2017 Article IV Consultation with the Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2017/280

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2017

ISBN: 9781484319642

Keywords: Article IV consultation reports, Economic growth, Fiscal sustainability, Climatic changes, Private sector, Fiscal reforms, Economic indicators, Balance of payments statistics, Press releases, Staff Reports

This 2017 Article IV Consultation highlights that the Micronesian economy continued its gradual recovery in fiscal year 2016 (ending September 30), after three years of contraction during 2012-14. Real GDP is estim...

Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia »

Journal Issue

Volume/Issue: 2017/280

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2017

DOI: http://dx.doi.org/10.5089/9781484319642.002

ISBN: 9781484319642

Keywords: Article IV consultation reports, Economic growth, Fiscal sustainability, Climatic changes, Private sector, Fiscal reforms, Economic indicators, Balance of payments statistics, Press releases, Staff Reports

This 2017 Article IV Consultation highlights that the Micronesian economy continued its gradual recovery in fiscal year 2016 (ending September 30), after three years of contraction during 2012-14. Real GDP is estim...

Statement by Grant Johnston, Alternate Executive Director for Micronesia and Eugene Amor, Advisor to Executive Director, September 1, 2017

Statement by Grant Johnston, Alternate Executive Director for Micronesia and Eugene Amor, Advisor to Executive Director, September 1, 2017 »

Article

Source: Federated States of Micronesia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Volume/Issue: 2017/280

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2017

ISBN: 9781484319642

Keywords: Article IV consultation reports, Economic growth, Fiscal sustainability, Climatic changes, Private sector, Fiscal reforms, Economic indicators, Balance of payments statistics, Press releases, Staff Reports

This 2017 Article IV Consultation highlights that the Micronesian economy continued its gradual recovery in fiscal year 2016 (ending September 30), after three years of contraction during 2012-14. Real GDP is estim...

Second Review of the Implementation of Government Finance Statistics Framework to Strengthen Fiscal Analysis

Second Review of the Implementation of Government Finance Statistics Framework to Strengthen Fiscal Analysis »

Journal Issue

Volume/Issue: 2017/027

Series: Policy Papers

Author(s): International Monetary Fund. Statistics Dept.;International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 May 2017

DOI: http://dx.doi.org/10.5089/9781498346764.007

ISBN: 9781498346764

Keywords: West African Economic and Monetary Union, Financial management information systems, Fiscal sector, Economic analysis, Fiscal policy, GFS, staff report, IPSAS, country team, STA

This paper reports on the further developments since 2013 in the implementation of the 2010 Board decision concerning Government Finance Statistics (GFS) to Strengthen Fiscal Analysis, and develops a path to contin...

Second Review of the Implementation of Government Finance Statistics Framework to Strengthen Fiscal Analysis

Second Review of the Implementation of Government Finance Statistics Framework to Strengthen Fiscal Analysis »

Article

Source: Second Review of the Implementation of Government Finance Statistics Framework to Strengthen Fiscal Analysis

Volume/Issue: 2017/027

Series: Policy Papers

Author(s): International Monetary Fund. Statistics Dept.;International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 May 2017

ISBN: 9781498346764

Keywords: West African Economic and Monetary Union, Financial management information systems, Fiscal sector, Economic analysis, Fiscal policy, GFS, staff report, IPSAS, country team, STA

This paper reports on the further developments since 2013 in the implementation of the 2010 Board decision concerning Government Finance Statistics (GFS) to Strengthen Fiscal Analysis, and develops a path to contin...

Challenges in Correspondent Banking in the Small States of the Pacific

Challenges in Correspondent Banking in the Small States of the Pacific »

Article

Source: Challenges in Correspondent Banking in the Small States of the Pacific

Volume/Issue: 2017/90

Series: IMF Working Papers

Author(s): Jihad Alwazir , Fazurin Jamaludin , Dongyeol Lee , Niamh Sheridan , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475593471

Keywords: Marshall Islands, Fiji, Asia and Pacific, Pacific Islands, Palau, Papua New Guinea, Samoa, Small states, Solomon Islands, Tax evasion

Access to financial services in the small states of the Pacific is being eroded. Weaknesses in Anti-Money Laundering and Combating the Financing of Terrorism compliance in the context of high levels of remittances...

Challenges in Correspondent Banking in the Small States of the Pacific

Challenges in Correspondent Banking in the Small States of the Pacific »

Journal Issue

Volume/Issue: 2017/90

Series: IMF Working Papers

Author(s): Jihad Alwazir , Fazurin Jamaludin , Dongyeol Lee , Niamh Sheridan , and Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

DOI: http://dx.doi.org/10.5089/9781475593471.001

ISBN: 9781475593471

Keywords: Marshall Islands, Fiji, Asia and Pacific, Pacific Islands, Palau, Papua New Guinea, Samoa, Small states, Solomon Islands, Tax evasion

Access to financial services in the small states of the Pacific is being eroded. Weaknesses in Anti-Money Laundering and Combating the Financing of Terrorism compliance in the context of high levels of remittances...

Appendix 1. Fiji

Appendix 1. Fiji »

Chapter

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

Fiji, located in the South Pacific, has a territory of 18,274 square kilometers spread over 332 islands, of which about one-third are inhabited. Most of Fiji’s p...

Appendix 2. Kiribati

Appendix 2. Kiribati »

Chapter

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

Kiribati’s 33 atoll islands are spread among three groups: the Gilbert Islands, the Phoenix Islands, and the Line Islands. Most of the population lives in the Gi...

Appendix 3. Marshall Islands

Appendix 3. Marshall Islands »

Chapter

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 29 atolls and five isolated islands of Marshall Islands are spread over 1.9 million square kilometers in the north Pacific. As a small island country with a...

Appendix 4. Micronesia

Appendix 4. Micronesia »

Chapter

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

Micronesia’s land area covers 700 square kilometers, dispersed over more than 600 islands. The country—with a population of about 100,000—is a microstate highly...

Appendix 5. Palau

Appendix 5. Palau »

Chapter

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

Palau, an archipelago of more than 560 islands occupying 460 square kilometers, is centered on the island of Koror. Based on 2012 census data, Palau’s population...

Appendix 6. Papua New Guinea

Appendix 6. Papua New Guinea »

Chapter

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

Papua New Guinea is the largest of the Pacific island countries, with a population of about 7.5 million and a land area of 462,800 square kilometers (about the s...

Appendix 7. Samoa

Appendix 7. Samoa »

Chapter

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

Samoa’s 193,000 people live on four islands in the South Pacific about halfway between Hawaii and New Zealand and northeast of Fiji. The capital, Apia, is in Upo...

Appendix 8. The Solomon Islands

Appendix 8. The Solomon Islands »

Chapter

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 Solomon Islands has the second largest land area among Pacific island countries after Papua New Guinea. Some 80 percent of the population of 615,000 lives in...

Appendix 9. Timor-Leste

Appendix 9. Timor-Leste »

Chapter

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

Timor-Leste, the eastern half of the island of Timor, has a land area of about 15,000 square kilometers. Its territory also includes the nearby islands of Atauro...

Appendix 10. Tonga

Appendix 10. Tonga »

Chapter

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

Tonga is a Polynesian state and an archipelago comprising 176 islands with a surface area of about 750 square kilometers scattered over 700,000 square kilometers...

Appendix 11. Tuvalu

Appendix 11. Tuvalu »

Chapter

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

Tuvalu, a Polynesian island nation in the Pacific, has nine small coral islands with total land area of just 26 square kilometers. It has a population of about 1...

Appendix 12. Vanuatu

Appendix 12. Vanuatu »

Chapter

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

Vanuatu’s 82 islands, 65 of them inhabited, cover a distance of some 1,300 kilometers separating the outermost islands. About a quarter of Vanuatu’s estimated po...

Chapter 3. Building Resilience in the Pacific Island Countries

Chapter 3. Building Resilience in the Pacific Island Countries »

Chapter

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

Many studies on small island states focus on their economic vulnerability and conclude that, as a group, these countries are highly exposed to the harmful effects of external shocks. 1...

Chapter 17. Determinants of Interest Rate Spreads in the Solomon Islands

Chapter 17. Determinants of Interest Rate Spreads in the Solomon Islands »

Chapter

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

Deposit-lending rate spreads are large in the Solomon Islands compared with the rest of the Pacific island countries, despite their recent decline. Several studies have looked at the causes and implications...

Chapter 8. Drivers of Inflation in the Pacific Island Countries

Chapter 8. Drivers of Inflation in the Pacific Island Countries »

Chapter

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 highly exposed to commodity price shocks and exchange rate volatility. This is the result of the structure of these economies: narrow production and export bases and,...

Chapter 1. Economic Growth in the Pacific Island Countries—Challenges, Constraints, and Policy Responses

Chapter 1. Economic Growth in the Pacific Island Countries—Challenges, Constraints, and Policy Responses »

Chapter

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

Economic growth among the Pacific island countries (PICs) has lagged most peer groups for more than a decade. This chapter provides an overview of the policy issues and challenges faced by these countries, a...

Chapter 11. Estimating Fiscal Multipliers Using a Simplified General Equilibrium Model of Small States, with Application to Kiribati and Palau

Chapter 11. Estimating Fiscal Multipliers Using a Simplified General Equilibrium Model of Small States, with Application to Kiribati and Palau »

Chapter

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 aim of this chapter is to help policymakers and economists better comprehend the link between fiscal policies and growth and to use this understanding operationally to design better macroeconomic policie...

Chapter 6. Global and Regional Spillovers to Pacific Island Countries

Chapter 6. Global and Regional Spillovers to Pacific Island Countries »

Chapter

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) have been integrating economically with Australia, New Zealand, and Asia’s emerging market economies over the last two decades, creating big economic opportunities for the...

Chapter 13. Global Commodity Prices, Monetary Transmission, and Exchange Rate Pass-Through

Chapter 13. Global Commodity Prices, Monetary Transmission, and Exchange Rate Pass-Through »

Chapter

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

Pacific island countries (PICs) are vulnerable to commodity price shocks and this poses challenges for monetary policy. The spike in global commodity prices in 2007–08 led to a rise in headline inflation, wh...

Chapter 18. Interest Rates, Bank Profitability, and Capital Adequacy in the South Pacific

Chapter 18. Interest Rates, Bank Profitability, and Capital Adequacy in the South Pacific »

Chapter

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 structure of the banking sector in the South Pacific remained relatively stable over the last decade. The banking sector in most countries in the region is limited to about three to five commercial banks...

Chapter 7. Major Economic Shocks and Pacific Island Countries during the Global Economic Crisis

Chapter 7. Major Economic Shocks and Pacific Island Countries during the Global Economic Crisis »

Chapter

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

Small island states are vulnerable to external shocks and generally experience greater instability in exports and agricultural production than other developing economies. 1 Pacifi...

Chapter 12. Monetary Policy Transmission Mechanisms in Pacific Island Countries

Chapter 12. Monetary Policy Transmission Mechanisms in Pacific Island Countries »

Chapter

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 global financial crisis tested the effectiveness of monetary policy transmission mechanisms in Pacific island countries (PICs). 1 At the onset of the crisis, monetary policy r...

Chapter 16. Pacific Island Countries: Trade Integration in a Changing Global Economy

Chapter 16. Pacific Island Countries: Trade Integration in a Changing Global Economy »

Chapter

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

Trade integration is widely considered to be essential for economic development and prosperity in Pacific island countries (PICs). 1 This thinking is not without theoretical or em...

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

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

Chapter

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...

Chapter 2. Raising Potential Growth and Enhancing Resilience to Shocks

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

Chapter

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 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 »

Chapter

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 unique characteristics of small developing states make fiscal management more challenging than elsewhere. 1 Most important, the indivisibility of the provision of public goods...

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 »

Chapter

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 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? »

Chapter

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

Economic recovery in most Pacific island countries (PICs) following the global financial crisis was mixed. 1 Although the region’s two resource-rich countries, Papua New Guinea an...

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 »

Chapter

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 9. Vulnerabilities of Isolated Small Island States in the Pacific

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

Chapter

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...

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 »

Chapter

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 »

Chapter

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

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

Chapter

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 IV: Removing Structural Impediments to Growth

Part IV: Removing Structural Impediments to Growth »

Chapter

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

...

Resilience and Growth in the Small States of the Pacific

Resilience and Growth in the Small States of the Pacific »

Book

Series: Books

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 August 2016

DOI: http://dx.doi.org/10.5089/9781513507521.071

ISBN: 9781513507521

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

Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address...

Back Matter

Back Matter »

Back Matter

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

Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address...

Front Matter

Front Matter »

Front Matter

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

Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address...

Federated States of Micronesia: Staff Report for the 2015 Article IV Consultation

Federated States of Micronesia: Staff Report for the 2015 Article IV Consultation »

Article

Source: Federated States of Micronesia : Staff Report for the 2015 Article IV Consultation

Volume/Issue: 2015/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2015

ISBN: 9781513565026

Keywords: tax, revenue, trust funds, trust fund, expenditure

This 2015 Article IV Consultation highlights that Micronesia's economy is stagnating, as externally funded infrastructure projects are moving slowly. Difficulties in the business climate, in particular those relate...

Federated States of Micronesia: Staff Report for the 2015 Article IV Consultation—Debt Sustainability Analysis

Federated States of Micronesia: Staff Report for the 2015 Article IV Consultation—Debt Sustainability Analysis »

Article

Source: Federated States of Micronesia : Staff Report for the 2015 Article IV Consultation

Volume/Issue: 2015/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2015

ISBN: 9781513565026

Keywords: tax, revenue, trust funds, trust fund, expenditure

This 2015 Article IV Consultation highlights that Micronesia's economy is stagnating, as externally funded infrastructure projects are moving slowly. Difficulties in the business climate, in particular those relate...

Federated States of Micronesia: Staff Report for the 2015 Article IV Consultation—Informational Annex

Federated States of Micronesia: Staff Report for the 2015 Article IV Consultation—Informational Annex »

Article

Source: Federated States of Micronesia : Staff Report for the 2015 Article IV Consultation

Volume/Issue: 2015/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2015

ISBN: 9781513565026

Keywords: tax, revenue, trust funds, trust fund, expenditure

This 2015 Article IV Consultation highlights that Micronesia's economy is stagnating, as externally funded infrastructure projects are moving slowly. Difficulties in the business climate, in particular those relate...

IMF Executive Board Concludes 2015 Article IV Consultation with the Federated States of Micronesia

IMF Executive Board Concludes 2015 Article IV Consultation with the Federated States of Micronesia »

Article

Source: Federated States of Micronesia : Staff Report for the 2015 Article IV Consultation

Volume/Issue: 2015/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2015

ISBN: 9781513565026

Keywords: tax, revenue, trust funds, trust fund, expenditure

This 2015 Article IV Consultation highlights that Micronesia's economy is stagnating, as externally funded infrastructure projects are moving slowly. Difficulties in the business climate, in particular those relate...

Federated States of Micronesia : Staff Report for the 2015 Article IV Consultation

Federated States of Micronesia : Staff Report for the 2015 Article IV Consultation »

Journal Issue

Volume/Issue: 2015/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2015

DOI: http://dx.doi.org/10.5089/9781513565026.002

ISBN: 9781513565026

Keywords: tax, revenue, trust funds, trust fund, expenditure

This 2015 Article IV Consultation highlights that Micronesia's economy is stagnating, as externally funded infrastructure projects are moving slowly. Difficulties in the business climate, in particular those relate...

Statement by KwangHae Choi, Alternate Executive Director and Hyunjoon Lim, Government-Provided Advisor to the Executive Director, May 11, 2015

Statement by KwangHae Choi, Alternate Executive Director and Hyunjoon Lim, Government-Provided Advisor to the Executive Director, May 11, 2015 »

Article

Source: Federated States of Micronesia : Staff Report for the 2015 Article IV Consultation

Volume/Issue: 2015/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2015

ISBN: 9781513565026

Keywords: tax, revenue, trust funds, trust fund, expenditure

This 2015 Article IV Consultation highlights that Micronesia's economy is stagnating, as externally funded infrastructure projects are moving slowly. Difficulties in the business climate, in particular those relate...

Are the Asia and Pacific Small States Different from Other Small States?

Are the Asia and Pacific Small States Different from Other Small States? »

Article

Source: Are the Asia and Pacific Small States Different from Other Small States?

Volume/Issue: 2013/123

Series: IMF Working Papers

Author(s): Patrizia Tumbarello , Ezequiel Cabezon , and Yiqun Wu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 May 2013

ISBN: 9781484339190

Keywords: micro states, Pacific islands, growth, volatility, terms of trade, trade openness, current account balance, external shocks, trade deficits, Open Economy Macroeconomics

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards relative to other small states due to their small populations, geographical isolation an...

Are the Asia and Pacific Small States Different from Other Small States?

Are the Asia and Pacific Small States Different from Other Small States? »

Journal Issue

Volume/Issue: 2013/123

Series: IMF Working Papers

Author(s): Patrizia Tumbarello , Ezequiel Cabezon , and Yiqun Wu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 May 2013

DOI: http://dx.doi.org/10.5089/9781484339190.001

ISBN: 9781484339190

Keywords: micro states, Pacific islands, growth, volatility, terms of trade, trade openness, current account balance, external shocks, trade deficits, Open Economy Macroeconomics

The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards relative to other small states due to their small populations, geographical isolation an...

Federated States of Micronesia

Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2012 Article IV Consultation

Volume/Issue: 2013/16

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2013

ISBN: 9781475548600

Keywords: fiscal adjustment, fiscal surplus, fiscal surpluses

The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-21/2 percent for FY2010 and FY2011. The economy remains dependent on...

Federated States of Micronesia

Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2012 Statistical Appendix

Volume/Issue: 2013/17

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2013

ISBN: 9781475582673

Keywords: wages, salaries, expenditure, total expenditure

This statistical appendix paper for the Federated States of Micronesia (FSM) was prepared as background documentation for the periodic consultation with the member country, during the period 2004-11. This paper is...

Federated States of Micronesia: Staff Report for the 2012 Article IV Consultation—Informational Annex

Federated States of Micronesia: Staff Report for the 2012 Article IV Consultation—Informational Annex »

Article

Source: Federated States of Micronesia : 2012 Article IV Consultation

Volume/Issue: 2013/16

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2013

ISBN: 9781475548600

Keywords: fiscal adjustment, fiscal surplus, fiscal surpluses

The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-21/2 percent for FY2010 and FY2011. The economy remains dependent on...

IMF Executive Board Concludes 2012 Article IV Consultation with Federated States of Micronesia

IMF Executive Board Concludes 2012 Article IV Consultation with Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2012 Article IV Consultation

Volume/Issue: 2013/16

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2013

ISBN: 9781475548600

Keywords: fiscal adjustment, fiscal surplus, fiscal surpluses

The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-21/2 percent for FY2010 and FY2011. The economy remains dependent on...

Federated States of Micronesia : 2012 Article IV Consultation

Federated States of Micronesia : 2012 Article IV Consultation »

Journal Issue

Volume/Issue: 2013/16

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2013

DOI: http://dx.doi.org/10.5089/9781475548600.002

ISBN: 9781475548600

Keywords: fiscal adjustment, fiscal surplus, fiscal surpluses

The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-21/2 percent for FY2010 and FY2011. The economy remains dependent on...

Federated States of Micronesia : 2012 Statistical Appendix

Federated States of Micronesia : 2012 Statistical Appendix »

Journal Issue

Volume/Issue: 2013/17

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2013

DOI: http://dx.doi.org/10.5089/9781475582673.002

ISBN: 9781475582673

Keywords: wages, salaries, expenditure, total expenditure

This statistical appendix paper for the Federated States of Micronesia (FSM) was prepared as background documentation for the periodic consultation with the member country, during the period 2004-11. This paper is...

Statement by Jong-Won Yoon, Executive Director for the Federated States of Micronesia, and Branan Karae, Government-Provided, Advisor to the Executive Director

Statement by Jong-Won Yoon, Executive Director for the Federated States of Micronesia, and Branan Karae, Government-Provided, Advisor to the Executive Director »

Article

Source: Federated States of Micronesia : 2012 Article IV Consultation

Volume/Issue: 2013/16

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2013

ISBN: 9781475548600

Keywords: fiscal adjustment, fiscal surplus, fiscal surpluses

The Federated States of Micronesia (FSM) is highly dependent on external aid. Following a recession in FY2006-08, the FSM economy has grown by 2-21/2 percent for FY2010 and FY2011. The economy remains dependent on...

Framework Administered Account for Selected Fund Activities - Pacific Financial Technical Assistance Center (PFTAC) Subaccount

Framework Administered Account for Selected Fund Activities - Pacific Financial Technical Assistance Center (PFTAC) Subaccount »

Article

Source: Framework Administered Account for Selected Fund Activities - Pacific Financial Technical Assistance Center (PFTAC) Subaccount

Volume/Issue: 2011/054

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2011

ISBN: 9781498339230

Keywords: Executive Board decisions, Framework Administered Account, Lapse of time approval, Pacific Financial Regional Technical Assistance Center, Technical Assistance, Public financial management, Tax policy, Revenue administration, Combating the financing of terrorism, Statistics

In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the "SFA Instrument"). The financing of activities under the terms o...

Framework Administered Account for Selected Fund Activities - Pacific Financial Technical Assistance Center (PFTAC) Subaccount

Framework Administered Account for Selected Fund Activities - Pacific Financial Technical Assistance Center (PFTAC) Subaccount »

Journal Issue

Volume/Issue: 2011/054

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2011

DOI: http://dx.doi.org/10.5089/9781498339230.007

ISBN: 9781498339230

Keywords: Executive Board decisions, Framework Administered Account, Lapse of time approval, Pacific Financial Regional Technical Assistance Center, Technical Assistance, Public financial management, Tax policy, Revenue administration, Combating the financing of terrorism, Statistics

In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the "SFA Instrument"). The financing of activities under the terms o...

Federated States of Micronesia

Federated States of Micronesia »

Article

Source: Federated States of Micronesia : Statistical Appendix

Volume/Issue: 2011/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2011

ISBN: 9781455216628

Keywords: interest, capital transfers, debt, government finances

This statistical appendix for the Federated States of Micronesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with wages. Consumer price...

Federated States of Micronesia

Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2010 Article IV Consultation-Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Federated States of Micronesia on the Executive Board Discussion.

Volume/Issue: 2011/43

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2011

ISBN: 9781455216635

Keywords: debt, article, fiscal balance, budget, fiscal surplus

The economy has recovered following the stabilization of commodity and food prices. The Article IV discussions focused on policies to secure a sustained recovery and achieve long-term economic and fiscal sustainabi...

Federated States of Micronesia: Staff Report for the 2010 Article IV Consultation—Informational Annex

Federated States of Micronesia: Staff Report for the 2010 Article IV Consultation—Informational Annex »

Article

Source: Federated States of Micronesia : 2010 Article IV Consultation-Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Federated States of Micronesia on the Executive Board Discussion.

Volume/Issue: 2011/43

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2011

ISBN: 9781455216635

Keywords: debt, article, fiscal balance, budget, fiscal surplus

The economy has recovered following the stabilization of commodity and food prices. The Article IV discussions focused on policies to secure a sustained recovery and achieve long-term economic and fiscal sustainabi...

IMF Executive Board Concludes 2010 Article IV Consultation with Micronesia

IMF Executive Board Concludes 2010 Article IV Consultation with Micronesia »

Article

Source: Federated States of Micronesia : 2010 Article IV Consultation-Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Federated States of Micronesia on the Executive Board Discussion.

Volume/Issue: 2011/43

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2011

ISBN: 9781455216635

Keywords: debt, article, fiscal balance, budget, fiscal surplus

The economy has recovered following the stabilization of commodity and food prices. The Article IV discussions focused on policies to secure a sustained recovery and achieve long-term economic and fiscal sustainabi...

Federated States of Micronesia : 2010 Article IV Consultation-Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Federated States of Micronesia on the Executive Board Discussion.

Federated States of Micronesia : 2010 Article IV Consultation-Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Federated States of Micronesia on the Executive Board Discussion. »

Journal Issue

Volume/Issue: 2011/43

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2011

DOI: http://dx.doi.org/10.5089/9781455216635.002

ISBN: 9781455216635

Keywords: debt, article, fiscal balance, budget, fiscal surplus

The economy has recovered following the stabilization of commodity and food prices. The Article IV discussions focused on policies to secure a sustained recovery and achieve long-term economic and fiscal sustainabi...

Federated States of Micronesia : Statistical Appendix

Federated States of Micronesia : Statistical Appendix »

Journal Issue

Volume/Issue: 2011/36

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2011

DOI: http://dx.doi.org/10.5089/9781455216628.002

ISBN: 9781455216628

Keywords: interest, capital transfers, debt, government finances

This statistical appendix for the Federated States of Micronesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with wages. Consumer price...

Statement by Christopher Legg, Executive Director for the Federates States of Micronesia and Benjamin Pereira, Advisor to the Executive Director

Statement by Christopher Legg, Executive Director for the Federates States of Micronesia and Benjamin Pereira, Advisor to the Executive Director »

Article

Source: Federated States of Micronesia : 2010 Article IV Consultation-Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Federated States of Micronesia on the Executive Board Discussion.

Volume/Issue: 2011/43

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2011

ISBN: 9781455216635

Keywords: debt, article, fiscal balance, budget, fiscal surplus

The economy has recovered following the stabilization of commodity and food prices. The Article IV discussions focused on policies to secure a sustained recovery and achieve long-term economic and fiscal sustainabi...

Federated States of Micronesia

Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2009/81

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2009

ISBN: 9781451813838

Keywords: budget, article, national government, debt, deficit

The staff report for the 2008 Article IV Consultation of the Federated States of Micronesia examines economic developments and policies. Growth could recover modestly in the near term as falling commodity prices bo...

Federated States of Micronesia

Federated States of Micronesia »

Article

Source: Federated States of Micronesia : Statistical Appendix

Volume/Issue: 2009/80

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2009

ISBN: 9781451813821

Keywords: salaries, expenditure, total expenditure

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Federated States Of Micronesia: Staff Report for the 2008 Article IV Consultation—Informational Annex

Federated States Of Micronesia: Staff Report for the 2008 Article IV Consultation—Informational Annex »

Article

Source: Federated States of Micronesia : 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2009/81

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2009

ISBN: 9781451813838

Keywords: budget, article, national government, debt, deficit

The staff report for the 2008 Article IV Consultation of the Federated States of Micronesia examines economic developments and policies. Growth could recover modestly in the near term as falling commodity prices bo...

IMF Executive Board Concludes 2008 Article IV Consultation with the Federated States of Micronesia

IMF Executive Board Concludes 2008 Article IV Consultation with the Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2009/81

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2009

ISBN: 9781451813838

Keywords: budget, article, national government, debt, deficit

The staff report for the 2008 Article IV Consultation of the Federated States of Micronesia examines economic developments and policies. Growth could recover modestly in the near term as falling commodity prices bo...

Federated States of Micronesia : 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Federated States of Micronesia : 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion »

Journal Issue

Volume/Issue: 2009/81

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2009

DOI: http://dx.doi.org/10.5089/9781451813838.002

ISBN: 9781451813838

Keywords: budget, article, national government, debt, deficit

The staff report for the 2008 Article IV Consultation of the Federated States of Micronesia examines economic developments and policies. Growth could recover modestly in the near term as falling commodity prices bo...

Federated States of Micronesia : Statistical Appendix

Federated States of Micronesia : Statistical Appendix »

Journal Issue

Volume/Issue: 2009/80

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2009

DOI: http://dx.doi.org/10.5089/9781451813821.002

ISBN: 9781451813821

Keywords: salaries, expenditure, total expenditure

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Sovereign Wealth Funds in the Pacific Island Countries : Macro-Fiscal Linkages

Sovereign Wealth Funds in the Pacific Island Countries : Macro-Fiscal Linkages »

Journal Issue

Volume/Issue: 2007/297

Series: IMF Working Papers

Author(s): Paulo Medas , and Eric Le Borgne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

DOI: http://dx.doi.org/10.5089/9781451868609.001

ISBN: 9781451868609

Keywords: Fiscal Sustainability, Stabilization, expenditure, budget process, public debt

This paper looks at the role Sovereign Wealth Funds have played in the Pacific Island Countries in achieving key macro-fiscal policy objectives, namely, protecting the budget from high revenue volatility and streng...

Sovereign Wealth Funds in the Pacific Island Countries

Sovereign Wealth Funds in the Pacific Island Countries »

Article

Source: Sovereign Wealth Funds in the Pacific Island Countries : Macro-Fiscal Linkages

Volume/Issue: 2007/297

Series: IMF Working Papers

Author(s): Paulo Medas , and Eric Le Borgne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

ISBN: 9781451868609

Keywords: Fiscal Sustainability, Stabilization, expenditure, budget process, public debt

This paper looks at the role Sovereign Wealth Funds have played in the Pacific Island Countries in achieving key macro-fiscal policy objectives, namely, protecting the budget from high revenue volatility and streng...

Federated States of Micronesia: 2006 Article IV Consultation—Staff Report; and Public Information Notice on the Executive Board Discussion

Federated States of Micronesia: 2006 Article IV Consultation—Staff Report; and Public Information Notice on the Executive Board Discussion »

Article

Source: Federated States of Micronesia : 2006 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2007/106

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2007

ISBN: 9781451813814

Keywords: article, capital spending, public sector, debt, budget

This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 11/2 percent in FY2005 and declined by nearly 1 percent in FY2006. The underlying fiscal situation has d...

Federated States of Micronesia: Selected Issues and Statistical Appendix

Federated States of Micronesia: Selected Issues and Statistical Appendix »

Article

Source: Federated States of Micronesia : Selected Issues and Statistical Appendix

Volume/Issue: 2007/105

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2007

ISBN: 9781451813807

Keywords: annual report, budget, trust funds, fiscal management

This Selected Issues paper examines the reasons for the poor initial performance of the Compact Trust Fund (CTF) of Micronesia and the issues related to the governance framework. The design and recent implementatio...

Federated States of Micronesia: Selected Issues and Statistical Appendix

Federated States of Micronesia: Selected Issues and Statistical Appendix »

Article

Source: Federated States of Micronesia : Selected Issues and Statistical Appendix

Volume/Issue: 2007/105

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2007

ISBN: 9781451813807

Keywords: annual report, budget, trust funds, fiscal management

This Selected Issues paper examines the reasons for the poor initial performance of the Compact Trust Fund (CTF) of Micronesia and the issues related to the governance framework. The design and recent implementatio...

IMF Executive Board Concludes 2006 Article IV Consultation with the Federated States of Micronesia

IMF Executive Board Concludes 2006 Article IV Consultation with the Federated States of Micronesia »

Article

Source: Federated States of Micronesia : 2006 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2007/106

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2007

ISBN: 9781451813814

Keywords: article, capital spending, public sector, debt, budget

This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 11/2 percent in FY2005 and declined by nearly 1 percent in FY2006. The underlying fiscal situation has d...

Federated States of Micronesia : 2006 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

Federated States of Micronesia : 2006 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion »

Journal Issue

Volume/Issue: 2007/106

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2007

DOI: http://dx.doi.org/10.5089/9781451813814.002

ISBN: 9781451813814

Keywords: article, capital spending, public sector, debt, budget

This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 11/2 percent in FY2005 and declined by nearly 1 percent in FY2006. The underlying fiscal situation has d...

Federated States of Micronesia : Selected Issues and Statistical Appendix

Federated States of Micronesia : Selected Issues and Statistical Appendix »

Journal Issue

Volume/Issue: 2007/105

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2007

DOI: http://dx.doi.org/10.5089/9781451813807.002

ISBN: 9781451813807

Keywords: annual report, budget, trust funds, fiscal management

This Selected Issues paper examines the reasons for the poor initial performance of the Compact Trust Fund (CTF) of Micronesia and the issues related to the governance framework. The design and recent implementatio...

8 Fiji

8 Fiji »

Chapter

Source: Pacific Island Economies

Series: Books

Author(s): Christopher Browne

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2006

ISBN: 9781589065161

Keywords: remittances, exchange rate, balance of payments, public debt, expenditure

Alain D’Hoore Fiji is the second largest among the Pacific island countries, with a population estimated at about 840,000. Its total land area of 18,000 square kilometers is d...