Asian Development Bank and the Federated States of Micronesia: Fact Sheet
Asian Development Bank | April 2010
Abstract
Updated yearly, this ADB Fact Sheet provides social and economic indicators on the Federated States of Micronesia as well as concise information on ADB's operations in the country and contact information. The Federated States of Micronesia (FSM) is a loose federation of four states, each with its own government and identity. The physical isolation of the country, coupled with the remoteness of the four states, poses particular development challenges, as does coordination between the national and four state governments. The FSM economy is dominated by the public sector, which is largely funded by sector grants under the United States (US) Compact of Free Association. Despite significant levels of development assistance, the FSM gross domestic product contracted by 0.1% over 2000–2007. It is estimated that the economy contracted by 1.5% in 2009 and it is expected to emerge from recession in 2010 and grow by 0.5%.
Citation
Asian Development Bank. 2010. Asian Development Bank and the Federated States of Micronesia: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5740.Keywords
Alleviating Poverty
Anti-Poverty
Extreme Poverty
Fight Against Poverty
Global Poverty
Health Aspects Of Poverty
Indicators Of Poverty
Participatory Poverty Assessment
Poverty Eradication
Poverty Analysis
Poverty In Developing Countries
Poverty Reduction Efforts
Urban Poverty
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Performance Evaluation
Impact Evaluation Reports
Evaluation Criteria
Development Indicators
Environmental Indicators
Economic Indicators
Educational Indicators
Demographic Indicators
Health Indicators
Disadvantaged Groups
Low Income Groups
Socially Disadvantaged Children
Rural Conditions
Rural Development
Social Conditions
Urban Development
Urban Sociology
Project finance
Resources evaluation
Needs assessment
Cost benefit analysis
Poor
Economic forecasting
Health expectancy
Social groups
Political participation
Distribution of income
Inequality of income
Developing countries
Rural community development
Mass society
Social change
Social policy
Social stability
Population
Sustainable development
Peasantry
Urban policy
Urban renewal
Results mapping
Risk assessment
Participatory monitoring and evaluation
Cost effectiveness
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