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The Economic Impacts of the End of Compact Grant Assistance in the Three Freely-Associated States
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The Economic Impacts of the End of Compact Grant Assistance in the Three Freely-Associated States
<p>This study, commissioned by the Asian Development Bank (ADB), is designed to benefit its three North Pacific member countries and their development partners. This study provides information and analysis about the three Freely Associated States of the FSM, RMI and Palau as they approach an important milestone in their Compact relationships with the US. At the time of conceiving this study, in late 2018, the range of possible outcomes at the end of each specified Compact funding period for each FAS was quite broad, and ADB believed that the affected parties and their development partners would benefit from a professional study that estimated the range of potential fiscal adjustments and then modeled the associated economic outcomes.</p>
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The Economic Impacts of the End of Compact Grant Assistance in the Three Freely-Associated States
Posted May 06, 2022
Updated May 06, 2022
This study, commissioned by the Asian Development Bank (ADB), is designed to benefit its three North Pacific member countries and their development partners. This study provides information and analysis about the three Freely Associated States of the FSM, RMI and Palau as they approach an important milestone in their Compact relationships with the US. At the time of conceiving this study, in late 2018, the range of possible outcomes at the end of each specified Compact funding period for each FAS was quite broad, and ADB believed that the affected parties and their development partners would benefit from a professional study that estimated the range of potential fiscal adjustments and then modeled the associated economic outcomes.
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