Palau: Recent Economic Developments

International Monetary Fund

No 1999/147, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper provides a review of recent economic developments in Palau, covering the first five years of the Compact of Free Association (Compact) with the United States. The paper analyzes the economic growth, prices, wages, and employment. The study assesses the public finances and overall developments, which include revenues and grants, expenditure, local governments, trust funds, and nonfinancial public enterprises. The paper provides a detailed study of the financial and external sectors, current and capital accounts, external debt, and exchange and trade systems.

Keywords: ISCR; CR; U.S. dollar; Percent share; dollar; independent auditor; Palauan authorities; commercial loan; social security system; Income; Wages; Extra-budgetary funds; Capital spending; Australia and New Zealand; Pacific Islands (search for similar items in EconPapers)
Pages: 41
Date: 2000-01-04
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