01607cas a2200241 a 4500 AALejournalIMF002294 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451813777 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Federated States of Micronesia : Staff Report for the 2002 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (50 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 2002 Article IV Consultation highlights that the economic activity in the Federated States of Micronesia (FSM) is estimated to have slowed. Despite the use of the bump-up funds by some of the FSM's four state governments to boost spending during FY2002, GDP is estimated to have grown only by 0.8 percent. The fiscal stimulus appears to have been mostly offset by an emerging fiscal crisis in Chuuk and a 'wait and see' attitude of the private sector in the face of uncertainty associated with the new Compact of Free Association. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/023 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/023/002.2003.issue-023-en.xml IMF e-Library