Managing Revenue Volatility in a Small Island Economy : The Case of Kiribati

The Case of Kiribati

Managing Revenue Volatility in a Small Island Economy : The Case of Kiribati
The formulation of fiscal policy in Kiribati faces unusual challenges. Kiribati's revenue base is among the most volatile in the world, and it possesses sizeable financial assets. Drawing on lessons from some other countries who experience high volatility in their revenues, this paper proposes a fiscal policy rule for Kiribati which is nested... READ MORE...

Publication date: August 2005
ISBN 9781451861730
$15.00

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