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220928 ||| eng |
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|a 9781513588865
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|a Balasundharam, Vybhavi
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|a Managing Fiscal Risks from National Airlines in Pacific Island Countries
|c Vybhavi Balasundharam, Leni Hunter, Iulai Lavea, Paul Seeds
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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300 |
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|a 27 pages
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651 |
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4 |
|a Fiji, Republic of
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653 |
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|a Nonprofit Organizations and Public Enterprise: General
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653 |
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|a Budget planning and preparation
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653 |
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|a Budget Systems
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653 |
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|a Public financial management (PFM)
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653 |
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|a Economics: General
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653 |
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|a Economics of specific sectors
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653 |
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|a Government business enterprises
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653 |
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|a Financial reporting, financial statements
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653 |
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|a Health
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653 |
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|a National Budget
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653 |
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|a Diseases: Contagious
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653 |
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|a Public Administration
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653 |
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|a Public Finance
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653 |
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|a Covid-19
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653 |
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|a Public-Private Enterprises
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|a Infectious & contagious diseases
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653 |
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|a Informal sector
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653 |
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|a Communicable diseases
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653 |
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|a Public Sector Accounting and Audits
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653 |
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|a Economic & financial crises & disasters
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653 |
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|a Accounting
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653 |
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|a Nationalization
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653 |
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|a Fiscal risks
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|a Economic sectors
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|a Health Behavior
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653 |
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|a Macroeconomics
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653 |
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|a Fiscal Policy
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653 |
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|a Budgeting
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653 |
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|a Finance, Public
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653 |
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|a Currency crises
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653 |
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|a Public finance & taxation
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653 |
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|a Budget
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653 |
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|a Governmental Loans, Loan Guarantees, Credits, and Grants
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653 |
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|a Financial statements
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653 |
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|a Fiscal policy
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653 |
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|a Budgeting & financial management
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653 |
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|a Public Enterprises
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653 |
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|a Economics
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653 |
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|a National Government Expenditures and Related Policies: General
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653 |
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|a Public ownership
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653 |
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|a Public enterprises
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700 |
1 |
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|a Hunter, Leni
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700 |
1 |
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|a Lavea, Iulai
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700 |
1 |
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|a Seeds, Paul
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
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|a 10.5089/9781513588865.001
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856 |
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|u https://elibrary.imf.org/view/journals/001/2021/183/001.2021.issue-183-en.xml?cid=461844-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a Pacific island countries (PICs) rely on national airlines for connectivity, trade, and tourism. These airlines are being struck hard by COVID-19. Losses will weigh on public sector balance sheets and pose risks to economic recovery. With a backdrop of tight fiscal space and increasing government debt, losses in airlines are adding to fiscal risks in some PICs. This paper discusses tools to evaluate and manage the fiscal risks from national airlines in the Pacific. We present a snapshot of the current state of Public Financial Management (PFM) practices in PICs and detail the best practices. This exercise would illustrate the areas in which PICs have scope to improve their risk management with regard to national airlines. We then discuss the use of diagnostic tools and capacity development to enhance monitoring and risk management. Greater transparency and accountability in the airlines, combined with rigorous oversight, would be the first step towards improved financial management of national airlines
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