Kiribati 2001 Article Iv Consultation Staff Report And Public Information Notice On The Executive Discussion
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Author : International Monetary Fund Publisher : International Monetary Fund Page : 46 pages File Size : 54,7 Mb Release : 2001-09-21 Category : Business & Economics ISBN : 9781451927177
Kiribati: 2001 Article IV Consultation--Staff Report and Public Information Notice on the Executive Discussion by International Monetary Fund Pdf
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 discussions with government officials, is published at the option of the member country.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 46 pages File Size : 42,8 Mb Release : 2001-01-01 Category : Business & Economics ISBN : 9781451814378
Kiribati's economic policies reflect the country's communally oriented values that favor social cohesion over individual self-reliance and the rough and tumble of the market economy. Unfavorable external conditions, fiscal slippages, and the lack of structural reforms have led to a weakening in Kiribati's external and fiscal positions. To achieve sustainable medium-term growth, timely implementation of fiscal consolidation and structural reforms is critical. Public enterprise reform and privatization, along with civil service rationalization, should be at the top of the reform agenda.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 67 pages File Size : 44,7 Mb Release : 2011-05-24 Category : Business & Economics ISBN : 9781455287635
The staff report highlights that the economy of Kiribati showed resilience from the global crisis owing to infrastructure projects financed by foreign assistance. Executive Directors stressed the importance of preserving real per capita value of the Revenue Equalization Reserve Fund to ensure fiscal sustainability and intergenerational fairness. They appreciated the multiyear budget framework, which helped in designing realistic fiscal plans. Directors noted the joint IMF-World Bank debt sustainability analysis and encouraged authorities to secure grant financing to support the country’s development needs.
International Monetary Fund. Asia and Pacific Dept
Author : International Monetary Fund. Asia and Pacific Dept Publisher : International Monetary Fund Page : 55 pages File Size : 40,8 Mb Release : 2013-06-06 Category : Business & Economics ISBN : 9781484338353
Kiribati by International Monetary Fund. Asia and Pacific Dept Pdf
Kiribati is one of the poorest and most remote microstates in the Pacific. It is highly dependent on volatile fishing license fees, remittances, and donor assistance. The challenge is to implement fiscal and structural reforms to help ensure fiscal sustainability, promote private sector development, and increase its resilience to external shocks. Fully using its marine potential beyond fishing license fees will help to improve fiscal revenues and growth opportunities. More generally, private sector development is critical for both increasing growth and reducing fiscal pressures.
Author : International Monetary Fund Publisher : INTERNATIONAL MONETARY FUND Page : 45 pages File Size : 42,8 Mb Release : 2009-06-30 Category : Business & Economics ISBN : 1451821913
This 2009 Article IV Consultation highlights that inflation in Kiribati increased to about 19 percent by end-2008, largely reflecting higher food prices. The current account deficit was broadly unchanged in 2008. Structural reforms are under way, although the pace has been limited by capacity constraints. Executive Directors have welcomed the recent improvement in economic activity. They have also welcomed the planned review and reform of public enterprises as critical to promoting private sector development, and to boosting the growth potential.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 49 pages File Size : 40,6 Mb Release : 2002-03-28 Category : Business & Economics ISBN : 9781452799209
Republic of Palau by International Monetary Fund Pdf
This 2001 Article IV Consultation highlights that the Republic of Palau faces a number of development challenges. Substantial improvements in human and physical infrastructure are needed to sustain higher growth rates. About 80 percent of the land area is on the Babeldaob Island, which is virtually inaccessible now, but it is expected to develop rapidly after the completion of a Japan-funded bridge in 2002 and a United States-funded island access road in 2004. Asset balances have been declining as a result of drawdowns to finance fiscal deficits, as well as recent investment losses.
Global Opportunities for Entrepreneurial Growth by Stavros Sindakis,Panagiotis Theodorou Pdf
This book investigates, compares, and contrasts the theoretical and practical elements of business concepts and models that are acclimated to the dynamic changes of our modern era. Furthermore, it describes and analyzes the current cooperative interactions among firms, and evaluates the contribution of knowledge dynamics in coopetition.
International Monetary Fund. Asia and Pacific Dept
Author : International Monetary Fund. Asia and Pacific Dept Publisher : International Monetary Fund Page : 55 pages File Size : 41,8 Mb Release : 2013-06-06 Category : Business & Economics ISBN : 9781484350492
Kiribati by International Monetary Fund. Asia and Pacific Dept Pdf
Kiribati is one of the poorest and most remote microstates in the Pacific. It is highly dependent on volatile fishing license fees, remittances, and donor assistance. The challenge is to implement fiscal and structural reforms to help ensure fiscal sustainability, promote private sector development, and increase its resilience to external shocks. Fully using its marine potential beyond fishing license fees will help to improve fiscal revenues and growth opportunities. More generally, private sector development is critical for both increasing growth and reducing fiscal pressures.
Inequality, Inclusive Growth, and Fiscal Policy in Asia by Donghyun Park,Sang-Hyop Lee,Minsoo Lee Pdf
Developing Asia’s sustained rapid growth has improved general living standards and lifted hundreds of millions of Asians out of poverty within a generation. Yet the region now finds itself confronting rising inequality. Countries where inequality has worsened over the past 2 decades collectively account for over 80% of Asia’s population. As a result, governments across the region have begun to accord a higher priority to promoting more inclusive growth. The international experience, especially the experience of the advanced economies, suggests that fiscal policy can make a potent contribution to reducing inequality. This book systematically explores the relationship between both sides of fiscal policy—public spending as well as taxes and other fiscal revenues—and inequality in Asia at great depths. On the basis of the analysis, the book sets forth a number of concrete options for rendering fiscal policy a more effective tool for more inclusive growth that benefits all Asians. Inequality, Inclusive Growth, and Fiscal Policy in Asia is written in response to an issue of growing demand in most Asian countries, and it comes at a time when Asian governments are also beginning to use fiscal policy to bridge the glaring disparities between the rich and the poor of the region. As such, the book will be a highly valuable reference for researchers, policy makers, and students as well.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 58 pages File Size : 55,9 Mb Release : 2010-05-19 Category : Business & Economics ISBN : 9781455204922
This 2009 Article IV Consultation highlights that Fiji’s growth has been sluggish in recent years because of delays in economic reforms, worsening terms of trade, and political developments that have strained Fiji’s international relations and hurt business confidence. Fiji’s economy is expected to have contracted by 21⁄2 percent in 2009, reflecting the adverse impact of the global crisis on exports and tourism. Recent developments have put considerable pressure on the budget. Executive Directors have supported a tight monetary policy to ensure that inflation returns to low levels and to protect foreign exchange reserves.
