Palau: Policies for Sustainable Growth, A Private
Sector Assessment
Executive Summary and Policy Priorities
- Introduction
- Issues Related to the Macro Economy
- Introduction
- The Growth of the Economy
- The Vulnerability of the Economy
- External Accounts
- Government Spending and the Budget Deficit
- Tax Policy
- State Ownership of Utilities
- Issues Related to Employment and the Labor Market
- The Structure of the Labor Market
- The Growth of Employment
- Labor Market Regulations
- Labor Markets, Growth and the Future of Palau
- Foreign Workers and Productivity Growth
- Foreign Investment Regulation
- Reform of Foreign Investment Legislation
- The Impact of Large Investment Projects on Palau
- Tourism
- Issues Related to the Financial Sector
- The Structure of the Financial System
- Lending and Debt Repayment
- The Collateral Framework in Palau
- Credit Information
- Lending on Land
- Bank Regulation in Palau
- Issues Related to Palau's Legal System and Property Rights
- Some Issues Related to Palau's Commercial Legal System
- Issues Related to Land and Fixed Property Rights
- Conclusions
- Elements of a Properly Functioning System of Secured Transactions
- The Creation of Security Interests
- Prioritization of Security Interests
- Publicity (Perfection of Security Interests)
- Enforcement
Appendixes