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...

One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be achieved partly through the elimination of quantitive and other restrictions on trade.

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...

Many governments have responded to the sharp rise in unemployment and its persistence during the past decade by promoting work-sharing schemes that are expected to combine higher employment with shorter working hours. This paper assesses the preconditions and scope for work-sharing by examining...

The purpose of the paper is to delineate the role, nature, and scope of multipurpose banking and to point out its relevance for less developed countries (LDCs) that are undertaking a deliberate program to develop their financial systems. After referring to the historical evolution of...

One of the principal aims of the effort to integrate the economies of the 16 member countries of the Economic Community of West African States (ECOWAS) is to expand intra-Community trade. This objective is to be achieved partly through the elimination of quantitive and other restrictions on trade