Cover -- Half-title -- Series information -- Title page -- Copyright information -- Table of contents -- Introduction -- Chapter 1 The size of government in economics -- 1.1 Economic theory -- 1.2 Economic research -- 1.3 Economic freedom and macroaggregates -- 1.4 Holism and macroeconomics --...

This paper examines recent economic developments in the Republic of Palau. Palau has made a modest recovery in 2000 and 2001. Real GDP growth has been about 1 percent in 2000 and 2001, after the recession brought about by the Asian crisis reached its trough of negative 51⁄2 percent growth in...

KEY ISSUES Context. After two years of strong performance, growth slowed down in FY2013 due to declines in construction and tourism, while inflation moderated thanks to stable international food and fuel prices. The outlook points to a modest recovery, but Palau’s heavy reliance on tourism,...

This Selected Issues paper describes Palau's fiscal challenges and policy options to achieve long-term fiscal sustainability. Palau relies heavily on compact grants, and without continued fiscal consolidation over the medium term, the fiscal position will become unsustainable after these grants...

Conservative policies, together with external official assistance, provided Macedonia with buffers to confront spillovers from the global crisis and deal with domestic shocks. External and financial stability have been maintained despite a difficult external environment. The start of EU...