Release Date: March, 2007

This paper examines and tests the existence of political budget cycles in Papua New Guinea during the period 1988–2004. Several factors point to the existence of political budget cycles in more...

Release Date: October, 2006

Since the intervention of the Regional Assistance Mission to the Solomon Islands, growth has rebounded, and financial stability has been maintained. Fiscal discipline should be sustained, and a more...

Release Date: March, 2006

This 2005 Article IV Consultation highlights that Palau's economic growth has picked up in recent years while inflation has been low. After several years of slow growth, real GDP grew by 5 percent in more...