Republic of Palau

Republic of Palau
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
Total Pages: 52
Release: 2016-10-19
Genre: Business & Economics
ISBN: 1475545932

Palau is a middle-income micro state in the Pacific (population: 18,000) that relies heavily on tourism and grants, and is exposed to natural disasters. The economy grew strongly at 9.4 percent in FY2015 led by robust tourism and construction activity, but the surge in tourist arrivals strained infrastructure and was tilted to low budget tourism. The fiscal position has improved, but further efforts are needed to ensure long-term fiscal sustainability. The outlook is favorable although subject to significant downside risks. The discussions focused on

Feasibility of anticipatory action in the Pacific Islands region

Feasibility of anticipatory action in the Pacific Islands region
Author: Davila, F.
Publisher: Food & Agriculture Org. [Author] [Author]
Total Pages: 60
Release: 2024-07-15
Genre: Technology & Engineering
ISBN: 9251387826

This report seeks to expand the understanding of anticipatory action in Small Island Developing States, with a focus on the geographic and socio-institutional aspects of independent Pacific Island Countries in the Southwest Pacific Ocean. This report provides a summary of regional and selected national contexts and approaches to the building blocks of anticipatory action in the Pacific Island Countries region. Through a combination of workshops and interviews with government agencies, regional organizations, international NGOs, multilateral groups, and country-based participants, the report provides a synthesized context for anticipatory action in the region. A case study section presents the anticipatory action context for Palau, Solomon Islands and Fiji. The discussion and conclusions point towards the feasibility of advancing anticipatory action and the broad governance that will need to be facilitated to formalize anticipatory actions.