Republic of the Marshall Islands : Selected Issues and Statistical Appendix

1MHLEA2006002 Image
Price:  $15.00

Release Date: © March, 2006
ISBN : 978-1-45182-592-3
Stock #: 1MHLEA2006002
Stock Status: On back-order

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This Selected Issues paper outlines economic developments in the Republic of the Marshall Islands (RMI) since independence in 1986, focusing on the challenges posed by dependence on foreign grants, and progress toward achieving budgetary self-reliance. Like most other Pacific islands, the RMI faces a variety of geographical constraints, including limited land area, poor soil, the dispersion of the islands, and the remoteness from major markets. The public sector plays a dominant role in the economy, backed by external assistance. The private economy remains underdeveloped, primarily providing services to the government.

More publications in this series: IMF Staff Country Reports