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    Pacific Finance Sector Briefs: Marshall Islands

    Asian Development Bank | October 2019
    Abstract
    The Marshall Islands is a relatively small and remote economy. The service sector is the largest contributor to the country’s economy, with output driven by government expenditure, and assistance from the United States (US). The latter comes mostly in the form of annual grants under the Compact of Free Association (the Compact) between the two countries. Agriculture (including fisheries) is the second-largest sector, and its contribution to the economy has risen sharply in recent years, due to higher fisheries license revenues. Industrial output accounts for the smallest share in the economy, with construction and utilities making the greatest contributions to this sector.
    Citation
    Asian Development Bank. 2019. Pacific Finance Sector Briefs: Marshall Islands. © Asian Development Bank. http://hdl.handle.net/11540/11264. License: CC BY 3.0 IGO.
    Keywords
    Tourism Development
    Economic Crisis
    Economic Efficiency
    Economic Policies
    Financial Stability
    Financial Management System
    Financial Restructuring
    Capital Market Development
    Market Development
    Economics
    Erosion
    International Economics
    Macroeconomic
    Macroeconomic Analysis
    Performance Evaluation
    Impact Evaluation
    Foreign and Domestic Financing
    Foreign Direct Investment
    Tourism policy
    Economies in transition
    Economic agreements
    Social condition
    Economic dependence
    Economic assistance
    Crisis
    Taxation
    Public Accounting
    National Budget
    Municipal Bonds
    Local Government
    Local Taxes
    International Monetary Relations
    International Financial Market
    Multilateral Financial Institutions
    Economic Recession
    Market
    Crisis
    Economic indicators
    Growth models
    Gross domestic product
    Macroeconomics
    Economic forecast
    Business Financing
    Investment Requirements
    Corruption
    Money laundering
    Digital currency
    Financial crisis
    Labor economics
    Regional economics
    Business recessions
    Multilateral development banks
    Regulatory reform
    Capital
    Exports
    Economic development projects
    Economic policy
    Economic forecasting
    Investment Requirements
    Banks
    International banks and banking
    Capital movements
    Central banks and banking
    Bills of exchange
    Swaps
    Banks and banking
    Financial crisis
    Credit control
    Credit allocation
    Capital market
    International liquidity
    Liquidity
    Exchange rate
    Use tax
    Taxing power
    State of taxation
    Tax-sales
    Tax revenue estimating
    Tax planning
    Spendings tax
    Special assessments
    Tax administration and procedure
    Sales tax
    Real property and taxation
    Progressive taxation
    Effect of taxation on land use
    Effect of taxation on labor supply
    Intergovernmental tax relations
    Inheritance and transfer tax
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    Citable URI
    http://hdl.handle.net/11540/11264
    Metadata
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    pacific-finance-sector-marshall-islands.pdf (297.9Kb)
    Author
    Asian Development Bank
    Theme
    Finance
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise