The World Factbook [With Maps] 2013-14
Author : Central Intelligence Agency
Publisher : Claitor's Pub Division
Page : 0 pages
File Size : 24,73 MB
Release : 2014-04-11
Category :
ISBN : 9781598047424
Author : Central Intelligence Agency
Publisher : Claitor's Pub Division
Page : 0 pages
File Size : 24,73 MB
Release : 2014-04-11
Category :
ISBN : 9781598047424
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 48 pages
File Size : 22,87 MB
Release : 2013-01-17
Category : Business & Economics
ISBN : 1475571526
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 the large public sector, although the fisheries and agriculture sectors have shown signs of growth. Despite some deterioration in current account balance, external balance also has sustained a stable flow of official transfers. However, economic growth is likely to slow in the near term owing to a decline in public sector demand.
Author :
Publisher :
Page : 20 pages
File Size : 32,2 MB
Release : 1995
Category : Micronesia (Federated States)
ISBN :
Author : International Monetary
Publisher : International Monetary Fund
Page : 81 pages
File Size : 34,42 MB
Release : 2021-11
Category : Business & Economics
ISBN : 1616350938
The COVID-19 pandemic and related containment measures have put severe strains on the economy. The economic policy response has been strong and generally appropriate, helping counter the negative effects of the pandemic. Nevertheless, as the international borders remain shut, the economic contraction is likely to deepen in FY2021. A slow recovery is expected for FY2022 driven by a gradual border reopening. The FSM is facing significant medium-term uncertainty, owing to the possible expiration of grants and other assistance provided under the Compact Agreement with the United States. The FSM is also highly vulnerable to climate change-induced natural disasters.
Author : Francis X. Hezel
Publisher :
Page : 58 pages
File Size : 14,25 MB
Release : 2013
Category : Social Science
ISBN : 9780866382311
Is rising emigration proof of a Pacific Island nation's failure to fulfill its economic promise and provide the jobs that its citizens seek in a modernized society? Or is it a legitimate alternative development strategy that depends on the export of surplus labor in lieu of the more conventional methods recommended by donor nations and international financial institutions? In this report, Francis X. Hezel, SJ, sheds light on these questions by reviewing the 30-year history of migration from one Pacific Island nation, the Federated States of Micronesia (FSM) and examining the current status of its migrants. Hezel reports that although out-migration from the FSM began in small numbers in 1980, the outflow intensified when the Compact of Free Association went into effect in 1986. In return for exclusive strategic access by the United States, the Compact granted FSM citizens free entry into the United States and its territories to establish residence and work. This report traces the growth of the early Micronesian communities on Guam and Saipan, and the subsequent migration eastward to Hawaiʻi and the continental United States. Today, one-third of all people born in the FSM live outside their island nation. Hezel presents the results of a groundbreaking 2012 survey of Micronesian migrants, showing that an ever-increasing segment of the migrant population is putting down roots in the US mainland. There, despite difficulties they encounter, these individuals and families are able to find more plentiful jobs, a reduced cost of living, and an environment without some of the negative stereotypes that grip fellow migrants in Guam and Hawaiʻi. Hezel tracks the changes in their living conditions and shows that even if Micronesian migration continues at the same pace as in the past, it is clear that the living conditions of these FSM citizens are improving, as are their potential contributions to American society and to their friends and family back home.
Author : United States. Congress. House. Committee on Appropriations. Subcommittee on Interior, Environment, and Related Agencies
Publisher :
Page : 1086 pages
File Size : 23,6 MB
Release : 2013
Category : United States
ISBN :
Author :
Publisher :
Page : 168 pages
File Size : 34,24 MB
Release : 2007
Category : Micronesia (Federated States)
ISBN :
Author : David Gootnick
Publisher : DIANE Publishing
Page : 100 pages
File Size : 26,86 MB
Release : 2009-02
Category : Law
ISBN : 143790646X
The Compact of Free Association between the Republic of Palau and the U.S. entered into force on Oct. 1, 1994, with the U.S. interest of promoting Palau¿s self-sufficiency and economic advancement. The compact and its related subsidiary agreements provide for a 15-year term of economic assistance. In FY 2009, the two governments must review the terms of the compact and related agreements and agree on any modifications. This is a report on: (1) the provision of compact and other U.S. assistance to Palau in FY 1995-2009; (2) Palau¿s and U.S. agencies¿ efforts to provide accountability over Palau¿s use of fed. funds in 1995-2006; and (3) Palau¿s prospects for achieving economic self-sufficiency. Includes recommendations. Illus.
Author : Helen M. Hintjens
Publisher : University of Exeter Press
Page : 278 pages
File Size : 23,33 MB
Release : 1992
Category : Business & Economics
ISBN : 9780859893725
This book is a comparative study of a number of dependent and independent tropical islands and archipelagos. Its contributors seek to answer a number of vital questions affecting the security, political status and economic development of some of the world's smallest and most remote communities. Contributions by Robert Aldrich, John Cameron, John Connell, Fred Constant, Henrique Pinto da Costa, Mike Faber, David Hamilton-Jones, Helen M. Hintjens, Jean Houbert, David Lowenthal, David Marlow, Malyn Newitt and Gordon Titchener
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 50 pages
File Size : 50,74 MB
Release : 2003-02-10
Category : Business & Economics
ISBN : 1451813775
This 2002 Article IV Consultation highlights that the economic activity in the Federated States of Micronesia (FSM) is estimated to have slowed. Despite the use of the bump-up funds by some of the FSM’s four state governments to boost spending during FY2002, GDP is estimated to have grown only by 0.8 percent. The fiscal stimulus appears to have been mostly offset by an emerging fiscal crisis in Chuuk and a “wait and see” attitude of the private sector in the face of uncertainty associated with the new Compact of Free Association.