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This note is intended to inform Public Financial Management (PFM) reform in small Pacific Island Countries (PICs). PFM systems in PIC contexts are often very different from the sophisticated and comprehensive systems operating in larger, wealthier countries. The authors give two key messages....
Persistent link: https://www.econbiz.de/10012560346
The aim of this paper is to address the implications of Global Value Chains (GVCs) for the Fund's surveillance work. The paper first draws on the World Input-Output Database (WIOD) to document the dynamics of trade linkages between countries and regions through GVCs and its impact on the real...
Persistent link: https://www.econbiz.de/10014410433
This 2009 Article IV Consultation highlights that Fiji’s growth has been sluggish in recent years because of delays in … economic reforms, worsening terms of trade, and political developments that have strained Fiji’s international relations and … hurt business confidence. Fiji’s economy is expected to have contracted by 21⁄2 percent in 2009, reflecting the adverse …
Persistent link: https://www.econbiz.de/10014403043
in Fiji. It reviews Fijian data, and indicates that the slowdown in the growth rate since independence has been …
Persistent link: https://www.econbiz.de/10014404418
This 2002 Article IV Consultation highlights that following the political crisis, Fiji experienced sharp declines in … Fiji dollar were maintained through tightening of domestic monetary policy and exchange controls, together with government …
Persistent link: https://www.econbiz.de/10014404453
This report provides an assessment of fiscal transparency practices in Fiji against the requirements of the IMF Code of … questionnaire, and drawing on other available information. The second part is an IMF staff commentary on fiscal transparency in Fiji …
Persistent link: https://www.econbiz.de/10014407260
Fiji’s economy has contracted by 3 percent in 2009, and marginal growth is estimated for 2010. Foreign exchange … end 2010. Fiji’s economic growth was low in the past few years and the structure of the economy remained broadly unchanged …. The weak business climate results in sluggish private investment and is the major impediment to economic growth in Fiji …
Persistent link: https://www.econbiz.de/10014401172
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014397995
This 2011 Article IV Consultation reports that Fiji’s economic outlook appears stable, but there are downside risks …
Persistent link: https://www.econbiz.de/10014397004
This Selected Issues paper focuses on the insolvency of the National Bank of Fiji (NBF). As of June 1995, an estimated …, leaving the bank with a negative net worth estimated at F$170 million. The Reserve Bank of Fiji (RBF) raised concerns about …
Persistent link: https://www.econbiz.de/10014397536