Republic Of The Marshall Islands Staff Report For The 2011 Article Iv Consultation

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Republic of the Marshall Islands: Staff Report for the 2011 Article IV Consultation

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 39 pages
File Size : 45,9 Mb
Release : 2011-12-02
Category : Business & Economics
ISBN : 9781463929244

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Republic of the Marshall Islands: Staff Report for the 2011 Article IV Consultation by International Monetary Fund Pdf

The economy of the Republic of the Marshall Islands has experienced a strong recovery with a 5.2 percent growth in 2010 following strong improvement in the fisheries sector and a moderate recovery in exports. The financial sector remained focused on consumer lending and contributed little to overall economic growth. Although the financial sector remained profitable, much of the rapid growth in credit has been in consumer loans. The authorities are monitoring high levels of household debt and intend to begin work on strengthening the regulatory framework.

Republic of the Marshall Islands

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 57 pages
File Size : 48,7 Mb
Release : 2014-02-03
Category : Business & Economics
ISBN : 9781475514131

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Republic of the Marshall Islands by International Monetary Fund. Asia and Pacific Dept Pdf

This 2013 Article IV Consultation highlights that the GDP growth of The Republic of the Marshall Islands (RMI) picked up in FY2012 (fiscal year, ending September 30) to 3.2 percent, lifted by a surge in fishery output and higher copra and coconut oil production. In FY2013, however, growth is expected to have slowed to 0.8 percent, dragged down by delays in the implementation of infrastructure projects. The current account deficit including official transfers remained elevated at 8.1 percent of GDP in FY2012. In FY2014, GDP growth is projected to rebound to 3.2 percent, driven by the resumption of Compact-funded infrastructure projects.

Republic of Fiji

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 62 pages
File Size : 40,9 Mb
Release : 2013-12-20
Category : Business & Economics
ISBN : 9781475549348

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Republic of Fiji by International Monetary Fund. Asia and Pacific Dept Pdf

This 2013 Article IV Consultation highlights that growth in the Fijian economy increased to 21⁄4 percent in 2012, supported by income tax cuts, low interest rates, and the one-time payouts under the Fiji National Provident Fund (FNPF) reform, which offset the negative impact of the severe floods and Cyclone Evan on the agriculture and tourist sectors. Inflation declined as imported commodity and food prices moderated. With a lower-than-budgeted deficit of 1 percent of GDP, Fiji’s debt-to-GDP ratio continued to decline in 2012. The latest available indicators suggest accelerating growth momentum in the first half of 2013 boosted by increases in disposable income, bank borrowing, and rising investment.

Asian Development Outlook 2012

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 637 pages
File Size : 40,9 Mb
Release : 2012-04-01
Category : Business & Economics
ISBN : 9789290926078

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Asian Development Outlook 2012 by Asian Development Bank Pdf

Despite weak global demand, the Asian Development Outlook 2012 expects that developing Asia will largely maintain its growth momentum in the next couple of years, in an environment of easing inflation for most regional economies, although policy makers must be alert to further oil-price spikes arising from threats of oil supply disruptions. The report sees that the greatest risk to the outlook is the uncertainty surrounding the resolution of sovereign debt problems in the eurozone. Still, in the absence of any sudden shocks, developing Asia can manage the effects on its trade flows and financial markets.

Republic of the Marshall Islands: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of the Marshall Islands

Author : International Monetary,International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 78 pages
File Size : 50,6 Mb
Release : 2021-05-27
Category : Business & Economics
ISBN : 9781513572864

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Republic of the Marshall Islands: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of the Marshall Islands by International Monetary,International Monetary Fund. Asia and Pacific Dept Pdf

Strong and timely containment measures have successfully prevented a domestic COVID-19 outbreak but have also weighed on economic activity. The real GDP is estimated to have contracted by 3.3 percent in FY2020 and is projected to further decline by another 1.5 percent in FY 2021 due to continued travel restrictions. Economic activity is expected to pick up in FY2022, as COVID-related restrictions will be relaxed gradually. The government is currently negotiating the renewal of Compact of Free Association (COFA) financial provisions with the United States, but terms remain uncertain. The government is considering to repeal the SOV Act and a bill on establishing a Digital Economic Zone was submitted to the Parliament recently.

World Bank East Asia and Pacific Economic Update, October 2018

Author : World Bank
Publisher : World Bank Publications
Page : 184 pages
File Size : 46,5 Mb
Release : 2018-10-03
Category : Business & Economics
ISBN : 9781464813665

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World Bank East Asia and Pacific Economic Update, October 2018 by World Bank Pdf

"Despite some financial turbulence, growth in developing East Asia and Pacific (EAP) was resilient during the first half of 2018. The growth outlook for the region remains positive. After peaking in 2017, growth in developing EAP is expected to slow modestly in 2018, as China's economic expansion continues to moderate. However, downside risks have significantly intensified. An escalation in trade tensions and heightened financial market turbulence, either due to an acceleration in U.S. monetary policy normalization or contagion from other emerging markets could threaten the region's growth prospects. To navigate uncertainty, developing EAP economies should reduce short-term vulnerabilities and enhance buffers, redouble their commitment to an open, rules-based international trade and investment framework, including through deeper regional economic integration, and deepen structural reforms. The intensification of risks underscores the need to continue to enhance economic security by investing in human capital and strengthen social assistance and insurance programs to increase households' resilience to systemic shocks."

Fiji 2012

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 154 pages
File Size : 55,9 Mb
Release : 2012-12-01
Category : Business & Economics
ISBN : 9789290929833

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Fiji 2012 by Asian Development Bank Pdf

This report provides a longitudinal study of the Fiji economy covering more than 2 decades of growth and development. It presents an economic update and outlook for the Fiji economy and assesses the key drivers of performance across key economic sectors. The report identifies potential reform strategies that can guide future policy action, assist in accelerating growth, and strengthen pro-poor policy development in Fiji.

Republic of the Marshall Islands

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 82 pages
File Size : 41,6 Mb
Release : 2023-10-16
Category : Business & Economics
ISBN : 9798400255328

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Republic of the Marshall Islands by International Monetary Fund. Asia and Pacific Dept Pdf

Real GDP declined by 4.5 percent in FY2022 due entirely to a decline in fisheries. However, excluding the sector, growth was 4.2 percent, fueled by a recovery in domestic demand. Inflation has picked up due to higher food and fuel prices, while the current account surplus narrowed as COVID-related grants declined and the trade deficit widened.

Fiscal Policies and Gender Equality

Author : Ms.Lisa L Kolovich
Publisher : International Monetary Fund
Page : 250 pages
File Size : 49,6 Mb
Release : 2018-04-11
Category : Social Science
ISBN : 9781484348871

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Fiscal Policies and Gender Equality by Ms.Lisa L Kolovich Pdf

Historically, women around the world have had fewer opportunities than men in education, employment, health care, and politics. The moral argument for gender equality is clear, and the economic evidence is mounting. The International Monetary Fund and other international institutions have worked to help whittle away at the barriers that prevent girls and women from achieving their full economic potential. This book is based on a joint research project between the IMF and the United Kingdom’s Department for International Development on gender budgeting around the world. The book summarizes prominent gender budgeting initiatives in more than 80 countries. Gender budgeting allows fiscal authorities to ensure that tax spending and policies address inequality and the advancement of women. Gender budgeting goals include increasing access to education, childcare, and health services; raising female labor force participation; and eradicating violence against women.

Republic of Palau

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 39 pages
File Size : 52,9 Mb
Release : 2012-03-14
Category : Business & Economics
ISBN : 9781475580501

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Republic of Palau by International Monetary Fund Pdf

This 2012 Article IV Consultation reports that Palau’s growth is expected to be favorable at 3 percent in FY2012 and to average 2 percent over the medium term. The outlook is clouded by an unsettled global environment, and downside risks dominate. Highly dependent on tourism, imports of food and fuel, and foreign aid, Palau remains vulnerable to external headwinds and has limited policy space to counter these risks. The authorities have made commendable efforts to reduce the current fiscal deficit markedly during FY2010–11, but the deficit remains sizable.

Republic of the Marshall Islands

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 40 pages
File Size : 50,7 Mb
Release : 2008-06-13
Category : Business & Economics
ISBN : 9781451825930

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Republic of the Marshall Islands by International Monetary Fund Pdf

The Republic of the Marshall Islands (RMI), scattered across an area of nearly 1 million square miles in the Central Pacific, is heavily dependent on external grants. As in past consultations, the current discussions have focused on policies to put public finances on a secure footing and improve growth prospects. Recent economic performance has been lackluster. Exports have been held back mainly by structural problems. The fiscal position has improved in FY2006, but the overall balance has been slightly negative at about 1⁄2 percent of GDP.

Key Indicators for Asia and the Pacific 2022

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 408 pages
File Size : 43,9 Mb
Release : 2022-08-01
Category : Business & Economics
ISBN : 9789292696993

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Key Indicators for Asia and the Pacific 2022 by Asian Development Bank Pdf

The publication covers the 49 regional members of ADB. It discusses trends in development progress and the challenges to achieving inclusive and sustainable economic growth across Asia and the Pacific. This 53rd edition finds that the COVID-19 pandemic has set back the fight against poverty in the region by at least 2 years. Drawing on data simulations, it concludes that people with less social mobility may experience longer-lasting difficulties in escaping poverty. Key Indicators for Asia and the Pacific 2022 includes a special chapter on how data resilience can be achieved in the wake of pandemic disruptions to the operations of national statistical systems. The publication is complemented by a special supplement, Mapping the Public Voice for Development: Natural Language Processing of Social Media Text Data, which explores how social media text data can be harnessed to help policymakers understand the opinions, ideas, and expectations of the public.

Republic of Palau

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 45 pages
File Size : 50,5 Mb
Release : 2014-05-06
Category : Business & Economics
ISBN : 9781484370230

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Republic of Palau by International Monetary Fund. Asia and Pacific Dept Pdf

This 2014 Article IV Consultation highlights that after two years of strong expansion, growth is estimated at about zero percent in the fiscal year 2013 (FY2013, ending in September) in the Republic of Palau owing to declines in construction and tourism. Inflation moderated to 23⁄4 percent (annual average) in FY2013 thanks to stable international food and fuel prices, and it is expected to stay at about 3 percent in FY2014. Growth is projected to increase to 13⁄4 percent in FY2014 and to 21⁄4–21⁄2 percent over the medium term driven by the recovery in tourism and infrastructure developments.

Republic of Fiji

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 69 pages
File Size : 52,8 Mb
Release : 2023-06-28
Category : Business & Economics
ISBN : 9798400247798

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Republic of Fiji by International Monetary Fund. Asia and Pacific Dept Pdf

As a small island dependent on tourism, Fiji’s economy contracted sharply with the pandemic and then rebounded strongly in 2022, as tourism recovered with the reopening of international travel. Growth momentum is expected to continue in 2023, as tourist inflows approach pre-pandemic levels. The new government installed in December has committed to pursue economic reforms that promote inclusive growth and fiscal sustainability. Downside risks to the outlook stem from weaker growth in tourism-source countries, delayed recovery in hotel capacity, and exacerbated skilled labor shortages. Fiji remains vulnerable to external shocks related to natural disasters and climate change.