01630cas a2200241 a 4500 AALejournalIMF001936 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451831498 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Palau : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (47 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines recent economic developments in the Republic of Palau. Palau has made a modest recovery in 2000 and 2001. Real GDP growth has been about 1 percent in 2000 and 2001, after the recession brought about by the Asian crisis reached its trough of negative 5 1\2 percent growth in 1999. This recovery was mainly owing to grant-financed large infrastructure projects. However, the outlook on tourism, Palau's major industry, remains weak owing to the events on September 11, and the expected El Nino, which also threaten the development of tourism-related private sector projects. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2002/070 Full text available on IMF http://elibrary.imf.org/view/journals/002/2002/070/002.2002.issue-070-en.xml IMF e-Library