Federated States of Micronesia 2005 Economic Report Toward a Self Sustainable Economy
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Reports
Pub. Date: 2005
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The report focuses on the major economic reforms required to put the FSM economy on a sustainable growth path. This is especially important at this critical juncture for FSM with the more restrictive aid regime of the amended Compact of Free Association or Compact II following below potential economic performance during Compact I.
The need for major economic reforms is widely recognized in FSM, and the government has prepared a Strategic Development Plan (SDP) to facilitate the transformation of the economy. This report complements the SDP and is intended to enhance its implementation.
Executive Summary
Chapter 1. Introduction
Chapter 2. Economic and Social History
Chapter 3. Social Institutions and Their Relevance for Economic Decisions
Chapter 4. Government Structures and Implications for Economic Development
Chapter 5. Economic Development, 1987-2003
Chapter 6. Economic Policy in Light of Amended Compact
Chapter 7. Challenges to Achieving Economic Self-Sufficiency
Chapter 8. Agriculture Sector
Chapter 9. Fisheries Sector
Chapter 10. Tourism Sector
Chapter 11. Emerging Economic Management and Policy Issues
Chapter 12. Conclusion: Challenges Management and Policy Issues
Appendix : Statistical Tables
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