The paper discusses reform in public financial management in small, resource-constrained economies such as the Pacific island countries (PICs). It describes the efforts undertaken by PICs in the past and assesses their results. A principal conclusion is that reform in public financial management...

This paper discusses issues of financial sector regulation and supervision--including those concerning nonbank financial intermediaries--in small resource-constrained Pacific island countries. It advocates stronger cooperation in these areas and calls for increased financial and technical...

Kurzfristige Kapitalbewegungen, Geldmarktgleichgewicht und die Effektivität der Geldpolitik Eines der wichtigsten Ergebnisse der monetären Theorie der Zahlungsbilanz ist, daß in einem System fester Wechselkurse der Versuch eines Landes, eine vom Rest der Welt unabhängige Geldpolitik zu...