Federated States of Micronesia: Recent Economic Developments
This paper reviews economic developments in the Federated States of Micronesia during 1994-97. Real GDP growth, which has been sluggish in recent years, contracted by 4 percent in FY1997. This mainly reflects a sharp reduction in government expenditures under the reform program implemented by the na...
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| Corporate Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1998
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| Series: | IMF Staff Country Reports
IMF Staff Country Report No. 98/86 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This paper reviews economic developments in the Federated States of Micronesia during 1994-97. Real GDP growth, which has been sluggish in recent years, contracted by 4 percent in FY1997. This mainly reflects a sharp reduction in government expenditures under the reform program implemented by the national and state governments since FY1996, the cornerstone of which is the reduction in workforce and wage levels of government employees. The 1996 official GDP data indicated that government services accounted for 42 percent of GDP, wholesale and retail trade for 22 percent, and agriculture, hunting, and forestry for 17 percent |
| Physical Description: | 1 Online-Ressource (39 p) |
| ISBN: | 1451813767 9781451813760 |
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| index_date | 2024-07-03T20:13:20Z |
| indexdate | 2024-07-10T09:35:28Z |
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| spelling | International Monetary Fund Verfasser aut Federated States of Micronesia Recent Economic Developments Washington, D.C International Monetary Fund 1998 1 Online-Ressource (39 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Country Reports IMF Staff Country Report No. 98/86 This paper reviews economic developments in the Federated States of Micronesia during 1994-97. Real GDP growth, which has been sluggish in recent years, contracted by 4 percent in FY1997. This mainly reflects a sharp reduction in government expenditures under the reform program implemented by the national and state governments since FY1996, the cornerstone of which is the reduction in workforce and wage levels of government employees. The 1996 official GDP data indicated that government services accounted for 42 percent of GDP, wholesale and retail trade for 22 percent, and agriculture, hunting, and forestry for 17 percent Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF002/04621-9781451813760/04621-9781451813760/04621-9781451813760.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Federated States of Micronesia Recent Economic Developments |
| title | Federated States of Micronesia Recent Economic Developments |
| title_auth | Federated States of Micronesia Recent Economic Developments |
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| title_short | Federated States of Micronesia |
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