Facility for Economic and Infrastructure Management: Economic Policies and Institutions for Sustainable National Development

Date: June 2008
Document Type: Consultant's Reports
Project Number: 40595-012

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This paper sets out the key elements of a medium-term development strategy (MTDS) for Palau in terms of overall goals, values and key constraints and considers economic policies in more detail. The paper focuses on various economic policies and institutions to improve national development on a sustainable basis over the medium term. Sustainable national development is interpreted as a sustained and widespread improvement in general standards of living while preserving cultural and environmental values for the people of Palau.