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Republic of Palau: Staff Report for the 2003 Article IV Consultation

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  • International Monetary Fund

Abstract

The Republic of Palau is a small island economy, heavily dependent on tourism and external assistance. Economic growth has been modest in the last few years and inflation is low. The authorities launched a wide range of reform initiatives since 2001, but several important ones have stalled in the legislative process. Although the banking regulatory framework still needs improvements for effective implementation, a tax reform package, a new foreign investment law, a statistics law, and proposals related to streamlining the executive and legislative branch have not yet been enacted.

Suggested Citation

  • International Monetary Fund, 2004. "Republic of Palau: Staff Report for the 2003 Article IV Consultation," IMF Staff Country Reports 2004/085, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/085
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    Cited by:

    1. Eswar Prasad & Shang-Jin Wei, 2007. "The Chinese Approach to Capital Inflows: Patterns and Possible Explanations," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 421-480, National Bureau of Economic Research, Inc.
    2. Robert M Stern, 2009. "Trade in Financial Services--Has the IMF Been Involved Constructively?," Working Papers 587, Research Seminar in International Economics, University of Michigan.
    3. Robert M. Stern, 2011. "Trade in Financial Services—Has the IMF been Involved Constructively?," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 5(1), pages 65-92, February.
    4. Yongzheng Yang & Mr. Robert Powell & Mr. Sanjeev Gupta, 2005. "The Macroeconomic Challenges of Scaling Up Aid to Africa," IMF Working Papers 2005/179, International Monetary Fund.
    5. Horst Siebert, 2007. "China: Coming to Grips with the New Global Player," The World Economy, Wiley Blackwell, vol. 30(6), pages 893-922, June.
    6. Mr. Vassili Prokopenko & Mr. Etibar Jafarov & Ms. Anne Marie Gulde, 2004. "A Common Currency for Belarus and Russia?," IMF Working Papers 2004/228, International Monetary Fund.
    7. World Bank, 2006. "Timor-Leste Health Sector Review : Meeting Challenges and Improving Health Outcomes," World Bank Publications - Reports 14897, The World Bank Group.
    8. Mr. Steven V Dunaway & Mr. Vivek B. Arora, 2007. "Pension Reform in China: The Need for a New Approach," IMF Working Papers 2007/109, International Monetary Fund.
    9. repec:onb:oenbwp:y:2006:i:11:b:1 is not listed on IDEAS
    10. William Poole, 2007. "Energy prices and the U.S. business cycle," Speech 112, Federal Reserve Bank of St. Louis.

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