Growth has been strong in recent years and some moderation is expected, with risks skewed to the downside. High fishing revenues improved the fiscal position, but generated pressure to increase spending. There has been progress on fiscal and structural reforms. Yet, public spending needs are large, driven by an infrastructure gap and climate adaptation costs, and the country remains at high risk of debt distress.
Kiribati is a small, low-lying island nation located in the central Pacific Ocean. It spans an area of approximately 3.5 million square kilometers and consists of 33 atolls and islands, with the majority of its land area located less than two meters above sea level. Due to its vulnerability to rising sea levels and the devastating impacts of climate change, Kiribati has been described as a bellwether for the impacts of global warming on low-lying island nations. The population of Kiribati is estimated to be around 119,500, with the majority of the population living on the main island of South Tarawa. Kiribati is a diverse nation, with a varied cultural heritage and a mix of Christianity and traditional beliefs. Its economy is largely based on subsistence agriculture and fishing, although the government has recently introduced policies aimed at attracting foreign investment and developing industries such as tourism and mining. Kiribati has also faced numerous challenges, including the loss of land to erosion, overfishing, and limited access to healthcare and education.
After two impressively peaceful decades, there are signs of a dangerous degree of complacency in Kiribati's view of its domestic and external affairs. Forms of cultural and political resistance to change have thus been encouraged, and these are handicapping the nation's response to development risks. Eight leading sources of development risk confronting Kiribati are identified, and these require understanding and appropriate responses in the form of well-formulated national development strategies. Based on a thorough assessment of risks, priorities, and options by sector in the main report, 16 policy actions are recommended as keys to the full range of responses that need to be formulated to cope with development risk.
A New Mommy For Christmas Widower Davis Turner doesn't need to hear his children's whispered wishes for a new mom to recognize that new neighbor Lana Ross is a beautiful woman. But he worries that his feelings for the former bad girl could put his family at risk for small-town scandal. Lana knows she should steer clear of Davis. Yet she can't resist spending time with the handsome single dad, even if the truth might soon tear them apart. Though Lana has turned over a new leaf, her secrets have followed her to Whisper Falls. Secrets that could destroy her hope for a future with Davis. Whisper Falls: Where every prayer is answered...
This reports the result of an investigation into the social, economic, political, and institutional factors that encourage or impede inclusive economic development in Kiribati and hamper the capacity development needed to overcome obstacles to that development. Much of the information on which this report is based was collected in discussions in South Tarawa in January and April 2007. The institutional analysis and development framework of Ostrom et al (2001) served as the analytical framework for the investigation. This framework, which was developed by researchers from the Workshop in Political Theory and Policy Analysis at Indiana University in the United States, is an effective way to explain group behavior that influences a country's economic development.
This open access book analyzes the main drivers that are influencing the dramatic evolution of work in Asia and the Pacific and identifies the implications for education and training in the region. It also assesses how education and training philosophies, curricula, and pedagogy can be reshaped to produce workers with the skills required to meet the emerging demands of the Fourth Industrial Revolution. The book’s 40 articles cover a wide range of topics and reflect the diverse perspectives of the eminent policy makers, practitioners, and researchers who authored them. To maximize its potential impact, this Springer-Asian Development Bank co-publication has been made available as open access.