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This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.
Four years after Cyclone Pam struck Vanuatu causing extensive damages, reconstruction is near completion with full recovery in sight. The authorities are now focused on implementing their broader development plans that were slowed by the rebuilding process, which will require fiscal discipline and reforms to maintain debt sustainability. The authorities should continue their constructive engagement with development partners for technical assistance, capacity development, and concessional and grant-based funding. In parallel continuing to reform and strengthen the governance of institutions and removing vulnerabilities to corruption will be important.
The Vanuatu National Statistics Office (VNSO) requested a mission by the IMF’s Pacific Financial Technical Assistance Centre (PFTAC) for conducting a feasibility study on the implementation of a quarterly national accounts (QNA) in Vanuatu. This study outlines the staff, organizational and data requirements for Vanuatu to implement a quarterly national accounts program.
National Accounts at a Glance presents information using an "indicator" approach, focusing on cross-country comparisons.
Provides estimates for countries with market economies on gross domestic product expenditures and receipts, production, income and outlay, capital accumulation and capital finance accounts for government, corporations, households, and private, non-profit institutions. Also includes production by sector. For centrally planned economies includes net material product, primary incomes, capital formation and consumption for a range of years (1970-1985).
As Vanuatu was recovering from the multiple natural disasters of 2023, the voluntary liquidation of Air Vanuatu in May 2024 created a major shock with significant effects on growth and business confidence. The negotiations about the future of the airline, along with developments linked to the Economic Citizenship Program (ECP) will have significant economic, social, fiscal, and financial integrity implications. Disruptions to connectivity, tourism, and services will likely affect economic activity in 2024: real GDP growth is expected to grow only by around 1 percent y/y, and the current account deficit will likely widen around 71⁄2 percent of GDP, although there is significant uncertainty to forecasts. Ongoing vulnerabilities and exposure to other risks keep the balance of risks to the downside. Structural vulnerabilities to governance, corruption, and natural disasters remain.
Bislama is the national language of Vanuatu, the world's most linguistically diverse nation with at least 80 actively spoken Oceanic languages used by about 200,000 people. Bislama began as a plantation pidgin based on English in the nineteenth century, but it has since developed into a unique language with a grammar and vocabulary very different from English. It is one of very few national languages for which there is no readily available reference grammar. This book aims to fill this gap by providing an extensive account of the grammar of Bislama as it is used by ordinary Ni-Vanuatu. It does not, therefore, aim to describe any kind of artificial written norm but sets out to capture a range of different kinds of ways that Ni-Vanuatu will say things in various contexts, both written and spoken, formal and informal. The thrust of this volume is to show that Bislama has a grammar—an unfamiliar concept for those educated in Vanuatu. It also shows that Bislama is a language of considerable complexity, which will come as a surprise to many of its users, who have been taught to view their language as somehow "simple" and even "deficient."