Federated States of Micronesia : Recent Economic Developments

Recent Economic Developments

Federated States of Micronesia : Recent Economic Developments
This paper reviews economic developments in the Federated States of Micronesia during 1994–97. Real GDP growth, which has been sluggish in recent years, contracted by 4 percent in FY1997. This mainly reflects a sharp reduction in government expenditures under the reform program implemented by the national and state governments since FY1996, the... READ MORE...

Publication date: September 1998
ISBN 9781451813760
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