(DOWNLOAD) "Trust Funds and Fiscal Risks in the North Pacific" by Asian Development Bank # eBook PDF Kindle ePub Free
eBook details
- Title: Trust Funds and Fiscal Risks in the North Pacific
- Author : Asian Development Bank
- Release Date : January 01, 2015
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 16607 KB
Description
This publication analyzes the trust funds established by the United States with the Republic of Marshall Islands and the Federated States of Micronesia, intended to provide budget support upon expiration of these countries' Compacts of Free Association with the United States. Analysis shows future revenues from the funds will likely be volatile and unsustainable, but examines simple rule changes designed to reduce fund volatility and improve the sustainability of fund balances.
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