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Topic: Economy of the Federated States of Micronesia

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	Federated States of Micronesia (Site not responding. Last check: 2007-10-09)
		The Federated States of Micronesia are located in the region known as Micronesia, which consists of hundreds of small islands divided in seven territories.
		United States With an explanation of the Compact of Free Association between the U.S. and the Federated States of Micronesia, and of the ongoing negotiations relating to it.
		Australia Accredited to the Federated States of Micronesia, the Republic of Palau, the Republic of the Marshall Islands, and the Commonwealth of the Northern Marianas, and with consular responsibility for United States Territory of Guam.
	www.serebella.com /encyclopedia/article-Federated_States_of_Micronesia.html (1186 words)

	Encyclopedia: Federated States of Micronesia
		Flag ratio: 10:19 The flag of the Federated States of Micronesia was adopted on November 10, 1979.
		Map of Yap Yap is an island in the Caroline Islands of the western Pacific Ocean, the westernmost state of the Federated States of Micronesia.
		In international politics, the Federated States of Micronesia are traditionally known as keen supporters of the State of Israel, voting almost consistently in its favor at the United Nations General Assembly.
	www.nationmaster.com /encyclopedia/Federated-States-of-Micronesia (2854 words)

	Encyclopedia: Economy of the Federated States of Micronesia
		Economy - overview: Economic activity of the Federated States of Micronesia consists primarily of subsistence farming and fishing.
		Under the terms of the Compact of Free Association, the United States provided FSM with around $2 billion in grants and services from 1986 to 2001.
		Visitor attractions include scubadiving in each state, World War II battle sites, and the ancient ruined city of Nan Madol on Pohnpei.
	www.nationmaster.com /encyclopedia/Economy-of-the-Federated-States-of-Micronesia (1058 words)

	Federated States of Micronesia
		The Federated States of Micronesia (FSM) is composed of 607 small islands extending over a large area of the central Pacific.
		The four states were part of the Trust Territory of the Pacific Islands and were administered by the United States from 1947 to 1986 pursuant to an agreement with the United Nations.
		Although women hold midlevel positions at both the federal and state level, women are severely underrepresented in leadership roles at the highest government levels.
	www.state.gov /g/drl/rls/hrrpt/1999/297.htm (2117 words)

	FSM Constitution - Article 11
		Under the present state of affairs, the Trust Territory gov. t cannot be considered a foreign state, citizen or subject thereof within the meaning of art.
		This determination should turn on considerations of judicial economy, convenience and fairness to litigants and should be instructed by a desire of the federal or nat'l court to avoid needless decisions of state law.
		The proper procedure, in accordance with Kosrae State law and the FSM appellate rules, in filing a notice of appeal from a decision of the Kosrae State Court is to file notice in both Kosrae State Court and the FSM Supreme Court, either with the trial division in Kosrae or directly with the appellate division.
	www.fsmlaw.org /fsm/constitution/article11.htm (10021 words)

	AllRefer.com - Micronesia, Federated States of (Pacific Islands Political Geography) - Encyclopedia
		It comprises four states: Kosrae, Pohnpei (formerly Ponape), Chuuk (formerly Truk), and Yap.
		Defense is the responsibility of the United States.
		In 1986, they assumed free-association status with the United States; the economic and defense relationship with the United States was renewed for 20 years in 2003.
	reference.allrefer.com /encyclopedia/M/MicroFedSt.html (328 words)

	Federated States of Micronesia - Atlapedia Online (Site not responding. Last check: 2007-10-09)
		LOCATION AND GEOGRAPHY: The Federated States of Micronesia consist of four major island groups or states, Pohnpei, Chuuk (formerly Truk), Kosrae and Yap which are located in the Pacific Ocean.
		CLIMATE: Micronesia has a tropical climate that is heavily influenced by the NE trade winds which prevail from November to December and April to May. The trade winds bring frequent heavy rainfall and average temperature ranges are from 26 to 27 degrees Celsius (79 to 81 degrees Fahrenheit) all year.
		In the 1960's moves began towards preparing Micronesia for self government and in a July 1978 referendum of the trust territory states, Pohnpei, Kosrae, Truk, and Yap voted in favor of a common constitution under which the Federated States of Micronesia would be internally self-governing while the US maintained defense responsibilities.
	www.atlapedia.com /online/countries/micrones.htm (736 words)

	Atlas - Micronesia Map (Site not responding. Last check: 2007-10-09)
		While Micronesia's economy appears to have bottomed out in 1999, the nation's medium-term economic outlook remains fragile due to likely further reductions in external grants made under the US Compact funding.
		Micronesia, Federated States of, independent federal nation in the western Pacific Ocean, composed of the states of Kosrae, Pohnpei, where the capital, Palikir, is located, Chuuk, and Yap.
		The population is unevenly distributed, with Chuuk state having one-half the population and Pohnpei, one-third.
	www.map.freegk.com /federated_states_of_micronesia/micronesia.php (913 words)

	New Page 1
		The legislative process used by the Congress of the Federated States of Micronesia is primarily governed by rules of procedure adopted by the FSM Congress pursuant to Article IX, Section 17(b) of the Constitution of the Federated States of Micronesia.
		A special session may be convened at the call of the President of the Federated States of Micronesia, or by the Speaker on the written request of two-thirds of the Members.
		The President of the Federated States, or the Speaker, may call a special session to convene within 30 days after the declaration of a state of emergency by the President; at such special session the Congress may consider the revocation, amendment, or extension of the declaration.
	www.fsmcongress.fm /aboutleg.htm (10594 words)

	Economy of the Federated States of Micronesia (Site not responding. Last check: 2007-10-09)
		In 2001 the U.S. provided more than $84 million in Compact grants--an amount equivalent to over one-third of FSM's GDP --plus more than $20 million through other federal programs.
		federated micronesia federated funds micronesia love states united states economy pompeiis economy underground economy political economy construction economy buffalo economy bonin island economy vehicle fuel economy
		Related to Economy of the Federated States of Micronesia:
	www.serebella.com /encyclopedia/article-Economy_of_the_Federated_States_of_Micronesia.html (905 words)

	Economy - Federated States of Micronesia - Oceania: fund state, country poor, association united, coconut meat, cover ...
		Economy - Federated States of Micronesia - Oceania: fund state, country poor, association united, coconut meat, cover radio
		United States funds are the only major source of income.
		By the terms of the Compact of Free Association, the United States provided the FSM with about $1.39 billion between 1986 and 2001.
	countriesquest.com /oceania/federated_states_of_micronesia/economy.htm (335 words)

	Federated States of Micronesia (Site not responding. Last check: 2007-10-09)
		It passed from German control(1899), via Japanese (1914) to the United States under United Nations auspices in 1947 as part of the Trust Territory of the Pacific Islands.
		During World War II, a significant portion of the Japanese fleet was based in Truk Lagoon.
		Main article: Economy of the Federated States of Micronesia
	www.bidprobe.com /en/wikipedia/f/fe/federated_states_of_micronesia.html (937 words)

	Federated States Of Micronesia (Site not responding. Last check: 2007-10-09)
		Pula also said the administration urges Congress to legislatively clarify that trust funds invested for the Federated States of Micronesia and the Republic of...
		Citizens of the Republic of Palau, the Republic of the Marshall Islands and the Federated States of Micronesia are allowed to live and work on Guam or...
		Countries in the forum are Australia, the Cook Islands, Federated States of Micronesia, Fiji, Kiribati, Marshall Islands, Nauru, New Zealand, Niue, Palau...
	www.wikiverse.org /federated-states-of-micronesia (1089 words)

	Micronesia, Federated States of Economy - overview - Economy (Site not responding. Last check: 2007-10-09)
		Micronesia, Federated States of Economy - overview - Economy
		The Amended Compact of Free Association with the US guarantees the Federated States of Micronesia (FSM) millions of dollars in annual aid through 2023, and establishes a Trust Fund into which the US and the FSM make annual contributions in order to provide annual payouts to the FSM in perpetuity after 2023.
		This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization.
	www.indexmundi.com /federated_states_of_micronesia/economy_overview.html (227 words)

	Public Information Notice: IMF Concludes Article IV Consultation with the Federated States of Micronesia
		The economy is highly dependent on annual grants provided by the U.S. under the Compact of Free Association which became effective in 1986.
		The main objectives of the program are to transform the economy from an over-dependence on external financing to a more self-reliant one, reduce the size of the public sector, and establish a favorable environment for promoting private sector growth.
		In Micronesia’s political context, the complexity of formulating a coordinated adjustment package that had been agreed upon by individual states and the national government was particularly daunting.
	www.imf.org /external/np/sec/pn/1998/PN9864.HTM (1315 words)

	Public Information Notice: IMF Concludes 2002 Article IV Consultation with the Federated States of Micronesia
		The economy of the Federated States of Micronesia is largely supported by the United States financing provided under the Compact of Free Association.
		Directors welcomed the expected pick-up in economic activity and continued low inflation in the Federated States of Micronesia (FSM), as well as the recent improvement in the external debt position with the repayment of the earlier commercial borrowing.
		Directors recognized, however, that, given the FSM's structure as a loose federation of autonomous states, difficulties might be faced-as in the past-in garnering the political consensus for needed policy actions.
	www.imf.org /external/np/sec/pn/2003/pn0311.htm (1797 words)

	Culture - Federated States of Micronesia
		It can be said that each of the four States exhibits its own distinct culture and tradition, but there are also common cultural and economic bonds that are centuries old.
		The four states of the FSM are separated by large expanses of water.
		The basic subsistence economy is based on cultivation of tree crops (primarily breadfruit, banana, coconut and citrus) and root crops (primarily taro and yam) supplemented by fishing.
	www.visit-fsm.org /visitors/culture.html (517 words)

	Micronesia map and information page by World Atlas
		The widely scattered islands of the Federated States of Micronesia.
		Palau, part of the Caroline Islands, is now an independent nation, and is not considered a part of the Federated States of Micronesia.
		These islands were formerly placed under United States control as part of the UN Trust Territory of the Pacific Islands.
	www.worldatlas.com /webimage/countrys/oceania/fm.htm (437 words)

	FEDERATED STATES (Site not responding. Last check: 2007-10-09)
		After the tragic events of September 11, 2001, and the high threat level experienced since then, it is not at all surprising that these challenges have commanded the lion's share of everyone's attention.
		We in the Federated States of Micronesia remain committed to the eradication of terrorism in all its forms, and will continue to play any constructive role open to us as the world strives to reach this goal.
		We also are now seeing more than before, entire regions of the world marginalized in the global economy, as witness the sad breakdown of the WTO meetings recently.
	www.un.org /webcast/ga/58/statements/miceng030923.htm (2534 words)

	Economy of the Federated States of Micronesia (Site not responding. Last check: 2007-10-09)
		The islands have few mineral deposits worth exploiting except for high-grade The potential for a tourist industry exists the remoteness of the location and a of adequate facilities hinder development.
		Under the terms of the Compact of Association the United States provided FSM with around $2 billion grants and services from 1986 to 2001.
		Total official development assistance from all was more than $100 million in 2001 nearly 90% of that total coming from U.S. The FSM public sector plays a central in the economy as the administrator of Compact money.
	www.freeglossary.com /Federated_States_of_Micronesia/Economy (926 words)

	Ministry of Foreign Affairs and Trade: Pacific Division - Micronesia Political, Economic and Relationship Country Paper (Site not responding. Last check: 2007-10-09)
		These states were all former parts of the Trust Territory of the Pacific Islands administered by the United States in agreement with the United Nations, since the end of the Second World War.
		NZAID assistance to Federated States of Micronesia is covered under the overall Micronesia allocation, which also includes Palau and the Republic of the Marshall Islands.
		The Micronesia programme is devoted largely to tertiary scholarships, either for study in New Zealand or at institutions throughout the Pacific.
	www.mft.govt.nz /foreign/regions/pacific/country/micronesiapaper.html (489 words)

	Micronesia, Federated States of (Site not responding. Last check: 2007-10-09)
		In 1986 independence was attained under a Compact of Free Association with the United States.
		In 1996, the country experienced a 20% reduction in revenues from the Compact of Free Association - the agreement between the US and Micronesia in which Micronesia receives $1.3 billion in financial and technical assistance over a 15-year period until 2001 - as a result of the second step-down under the agreement.
		While Micronesia's economy appears to have bottomed out in 1999, the country's medium-term economic outlook remains fragile due to likely further reductions in external grants made under the US Compact funding.
	www.highways.tv /countries/geos/FM.html (775 words)

	Economy Of Micronesia, Federated States of (Site not responding. Last check: 2007-10-09)
		If you would like to use this flag of Micronesia, Federated States of or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this map of Micronesia, Federated States of or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this information for Micronesia, Federated States of or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
	www.appliedlanguage.com /country_guides/micronesia_federated_states_of_country_economy.shtml (442 words)

	UNDP home page for FSM (Site not responding. Last check: 2007-10-09)
		Participants and scenes from the UNDP/UNOPS E-Pacifika workshop held in the Federated States of Micronesia from Nov. 26-28 2002.
		The Federated States of Micronesia (FSM) are made up of four States, namely Pohnpei (the capital), Chuuk, Yap, and Kosrae.
		The economy predominantly consists of a subsistence sector, based on agriculture and artisanal fisheries, and a modern service-oriented sector led by the public services.
	www.undp.org.fj /FSM.htm (491 words)

	16. Federated States of Micronesia (Site not responding. Last check: 2007-10-09)
		Agriculture in the Federated States of Micronesia is of the subsistence type with some semi-commercial activity.
		State forestry activities are carried out by the Agriculture Division of the Department of Conservation and Development, except in the State of Pohnpei.
		The States and municipalities claim the legal authority to regulate mangrove exploitation.
	www.fao.org /DOCREP/003/X6900E/x6900e0j.htm (631 words)

	Pacific Service Region - Pohnpei, Federated States of Micronesia
		Pohnpei State consists of a large volcanic island, Pohnpei, and six inhabited atolls, with most of its 133 square miles on Pohnpei Island.
		Pohnpei State is the national capital of the Federated States of Micronesia (FSM) and the site of the College of Micronesia (COM-FSM) campus.
		Agriculture is important to the economy of this beautiful and fertile island.
	www.prel.org /pacserv/pohnpei.asp (406 words)

	GeographyIQ - World Atlas - Oceania - Micronesia, Federated States of - Economy
		Under the terms of the Compact of Free Association, the U.S. provided FSM with around $2 billion in grants and services from 1986 to 2001.
		The FSM public sector plays a central role in the economy as the administrator of the Compact funds.
		Visitor attractions include SCUBA diving in each state, World War II battle sites, and the ancient ruined city of Nan Madol on Pohnpei.
	www.geographyiq.com /countries/fm/Micronesia_Federated_States_of_economy_summary.htm (458 words)

	Atlas: Micronesia
		Micronesia Profile: History · Government · Economy · Population …
		Reference Map of Oceania: The Pacific Islands of Micronesia, Polynesia, Melanesia by James A. Bier
		Diving the Pacific: Volume 1: Micronesia and the Western Pacific Islands by David Leonard
	www.infoplease.com /atlas/country/micronesia.html (137 words)

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