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Republic of Palau : 2010 Article IV Consultation: Staff Report; a Public Information Notice; and a Statement by the Executive Director of the Republic of Palau on the Executive Board Discussion.

Author: International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, 2010.
Series: IMF Staff Country Reports, Country Report No. 10/116.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
The key findings of the Republic of Palau’s 2010 Article IV Consultation shows that the single most important issue in Palau remains fiscal policy, including its effect on medium-term growth, as fiscal consolidation proceeds. The global financial crisis followed on the heels of a massive terms-of-trade shock, leading to a sharp curtailment of foreign direct investment and private credit. Tourism tumbled following an  Read more...
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Details

Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund.
ISBN: 1455207675 9781455207671
ISSN:2227-8907
OCLC Number: 815746335
Language Note: English.
Notes: Available in PDF, ePUB, and Mobi formats on the Internet.
Description: 1 online resource (46 pages).
Series Title: IMF Staff Country Reports, Country Report No. 10/116.

Abstract:

The key findings of the Republic of Palau’s 2010 Article IV Consultation shows that the single most important issue in Palau remains fiscal policy, including its effect on medium-term growth, as fiscal consolidation proceeds. The global financial crisis followed on the heels of a massive terms-of-trade shock, leading to a sharp curtailment of foreign direct investment and private credit. Tourism tumbled following an airline bankruptcy, and construction activity fell as major infrastructure projects reached completion.

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