OECD Economic Outlook, Volume 2020 Issue 1

OECD Economic Outlook, Volume 2020 Issue 1

Author: OECD

Publisher: OECD Publishing

Published: 2020-06-10

Total Pages: 336

ISBN-13: 9264700617

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The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarising developments and providing projections for each individual country.


OECD Economic Outlook, Volume 2021 Issue 1

OECD Economic Outlook, Volume 2021 Issue 1

Author: OECD

Publisher: OECD Publishing

Published: 2021-05-31

Total Pages: 221

ISBN-13: 9264816917

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The OECD Economic Outlook, Volume 2021 Issue 1, highlights the improved prospects for the global economy due to vaccinations and stronger policy support, but also points to uneven progress across countries and key risks and challenges in maintaining and strengthening the recovery.


OECD Economic Outlook, Volume 2021 Issue 2

OECD Economic Outlook, Volume 2021 Issue 2

Author: OECD

Publisher: OECD Publishing

Published: 2021-12-01

Total Pages: 225

ISBN-13: 9264655719

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The global recovery from the COVID-19 pandemic is uneven and becoming imbalanced. The OECD Economic Outlook, Volume 2021 Issue 2, highlights the continued benefits of vaccinations and strong policy support for the global economy, but also points to the risks and policy challenges arising from supply constraints and rising inflation pressures.


OECD Economic Outlook, Volume 2019 Issue 1

OECD Economic Outlook, Volume 2019 Issue 1

Author: OECD

Publisher: OECD Publishing

Published: 2019-05-21

Total Pages: 230

ISBN-13: 9264319476

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This issue includes a general assessment, a special chapter on the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.


Micronesians on the Move

Micronesians on the Move

Author: Francis X. Hezel

Publisher:

Published: 2013

Total Pages: 58

ISBN-13: 9780866382311

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Is rising emigration proof of a Pacific Island nation's failure to fulfill its economic promise and provide the jobs that its citizens seek in a modernized society? Or is it a legitimate alternative development strategy that depends on the export of surplus labor in lieu of the more conventional methods recommended by donor nations and international financial institutions? In this report, Francis X. Hezel, SJ, sheds light on these questions by reviewing the 30-year history of migration from one Pacific Island nation, the Federated States of Micronesia (FSM) and examining the current status of its migrants. Hezel reports that although out-migration from the FSM began in small numbers in 1980, the outflow intensified when the Compact of Free Association went into effect in 1986. In return for exclusive strategic access by the United States, the Compact granted FSM citizens free entry into the United States and its territories to establish residence and work. This report traces the growth of the early Micronesian communities on Guam and Saipan, and the subsequent migration eastward to Hawaiʻi and the continental United States. Today, one-third of all people born in the FSM live outside their island nation. Hezel presents the results of a groundbreaking 2012 survey of Micronesian migrants, showing that an ever-increasing segment of the migrant population is putting down roots in the US mainland. There, despite difficulties they encounter, these individuals and families are able to find more plentiful jobs, a reduced cost of living, and an environment without some of the negative stereotypes that grip fellow migrants in Guam and Hawaiʻi. Hezel tracks the changes in their living conditions and shows that even if Micronesian migration continues at the same pace as in the past, it is clear that the living conditions of these FSM citizens are improving, as are their potential contributions to American society and to their friends and family back home.


Federated States of Micronesia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Federated States of Micronesia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Federated States of Micronesia

Author: International Monetary

Publisher: International Monetary Fund

Published: 2021-11

Total Pages: 81

ISBN-13: 1616350938

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The COVID-19 pandemic and related containment measures have put severe strains on the economy. The economic policy response has been strong and generally appropriate, helping counter the negative effects of the pandemic. Nevertheless, as the international borders remain shut, the economic contraction is likely to deepen in FY2021. A slow recovery is expected for FY2022 driven by a gradual border reopening. The FSM is facing significant medium-term uncertainty, owing to the possible expiration of grants and other assistance provided under the Compact Agreement with the United States. The FSM is also highly vulnerable to climate change-induced natural disasters.


OECD Economic Outlook, Volume 2019 Issue 2

OECD Economic Outlook, Volume 2019 Issue 2

Author: OECD

Publisher: OECD Publishing

Published: 2019-12-10

Total Pages: 229

ISBN-13: 926457512X

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The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. Coverage is provided for all OECD member countries as well as for selected non-member countries.