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Article
The Botany of the Maldive Islands
Authors: ---
Publisher: Peradeniya s.n.

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Book
Maldives
Author:
ISBN: 0585058768 Year: 1993 Publisher: [Place of publication not identified] Clio Press

Arab Seafaring : In the Indian Ocean in Ancient and Early Medieval Times - Expanded Edition
Authors: ---
ISBN: 0691001707 0691214891 0374939853 Year: 1995 Publisher: Princeton, New Jersey : Princeton University Press,

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In this classic work George Hourani deals with the history of the sea trade of the Arabs in the Indian Ocean from its obscure origins many centuries before Christ to the time of its full extension to China and East Africa in the ninth and tenth centuries. The book comprises a brief but masterly historical account that has never been superseded. The author gives attention not only to geography, meteorology, and the details of travel, but also to the ships themselves, including a discussion of the origin of stitched planking and of the lateen fore-and-aft sails. Piracy in the Indian Ocean, day-to-day life at sea, the establishment of ancient lighthouses and the production of early maritime guides, handbooks, and port directories are all described in fascinating detail. Arab Seafaring will appeal to anyone interested in Arab life or the history of navigation. For this expanded edition, John Carswell has added a new introduction, a bibliography, and notes that add material from recent archaeological research.


Book
Maldives : Joint Staff Advisory Note of the Poverty Reduction Strategy Paper.
Author:
ISBN: 1462376592 1452770859 1280920327 9786613742506 145273769X Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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The Joint Staff Advisory Note report assesses that Maldives has achieved notable development progress through sound macroeconomic management, tourism development, and public service provision improvement under the Poverty Reduction Strategy Paper (PRSP). Executive Directors emphasized the need to strengthen the fiscal policy framework, develop institutions, implement structural reforms and a realistic budget to mitigating risks, and ensure macroeconomic stability. Directors welcomed the Seventh National Development Plan, the new Poverty Reduction Strategy Paper, and stressed the need for significant efforts to ensure the successful implementation of the economic development program.


Book
The voyage of Francois Pyrard of Laval to the East Indies, the Maldives, the Moluccas and Brazil.
Authors: --- ---
ISBN: 0511708831 1108013457 Year: 2011 Publisher: Cambridge : Cambridge University Press,

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The publications of the Hakluyt Society (founded in 1846) made available edited early accounts of exploration. The first series, which ran from 1847 to 1899, consists of 100 books containing published or previously unpublished works by authors from Christopher Columbus to Sir Francis Drake, and covering voyages to the New World, to China and Japan, to Russia and to Africa and India. Shipwrecked on the Maldives in 1602-1607, Pyrard de Laval learnt the local language and studied the culture, flora and fauna of the islands. On his escape to Goa he continued his cultural investigations in Portuguese India, before returning to France by way of Saint Helena and Brazil in 1611. His book, which included practical advice for French traders travelling to Asia and a phrase book for visitors to the Maldives, was an immediate success. This three-volume translation of the 1619 edition appeared in 1887-1890.


Book
Maldives : Technical Assistance Report-Public Investment Management Assessment.
Author:
ISBN: 1498310990 1498310915 Year: 2019 Publisher: Washington, D.C. : International Monetary Fund,

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This Technical Assistance Report discusses that in the Maldives, public investment trends have been influenced by a number of contextual factors including the economic dependency on tourism, the high exposure to climate change, and the recent democratization. The mission assessed the strength and quality of public investment management (PIM) in the Maldives using the IMF Public Investment Management framework, based on the three phases of the PIM cycle. The report highlights that the most significant weakness in the PIM and the wider Public Financial Management system is poor budget credibility and budget execution. However, some progress has been made in improving PIM institutions, and reforms are ongoing in a number of areas. It is imperative to strengthen the project appraisal process by developing a standard methodology for project appraisal, publishing this methodology and verifying that it is consistently applied by the line ministries. It is also important to develop a framework for ex-post evaluations and ensure that lessons learned from past projects are incorporated in revised guidelines and practices.


Book
Maldives : 2012 Article IV Consultation-Public Information Notice; Staff Report; and Statement by the Executive Director for Maldives.
Author:
ISBN: 1513512676 1513512641 Year: 2019 Publisher: Washington, D.C. : International Monetary Fund,

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This 2012 Article IV Consultation with Maldives discusses that fiscal position is weak, and its external reserves are critically low. The country has a long history of fiscal and external imbalances. Macroeconomic policies need adjustment. The authorities have taken important steps in the 2013 budget to reduce the fiscal deficit, but further consolidation is needed, both to ensure debt sustainability and to strengthen the balance of payments. That latter goal would be aided by devaluation, combined with a restrictive incomes and subsidy policy, which would address the current overvaluation of the rufiyaa and help to curb imports. Monetary tightening would help to prevent the need for a further devaluation. Financial supervision, particularly with regard to the state bank, also needs strengthening. Given the track record, a Staff Monitored Program could be the appropriate starting point for any renewed engagement, however, in order to begin discussions, there would need to be a clear commitment on the authorities’ part to implementing a comprehensive set of policy adjustments.


Book
Maldives : 2002 Article IV Consultation-Public Information Notice; Staff Report; and Statement by the Executive Director for Maldives.
Author:
ISBN: 1513512595 1513512587 Year: 2019 Publisher: Washington, D.C. : International Monetary Fund,

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This 2002 Article IV Consultation with Maldives discusses that the performance of the Maldivian economy was strong through most of the past decade, despite handicaps arising from its small size and vulnerability to external developments. The devaluation and the weaker dollar have brought the effective real exchange rate closer to that of main competitors. Reserves have clawed back some of the losses in the aftermath of the devaluation. The 2002 Article IV discussions presented the opportunity to reassess progress toward restoring the soundness of macroeconomic and structural policies. In order to ensure a favorable medium-term performance for the Maldives, policies need to support the fixed exchange rate and adapt to ongoing structural changes—notably, the progressive liberalization of the financial sector, further private sector participation in activities still dominated by state-owned enterprises, and the likely tapering off of external assistance. The authorities have made some progress in responding to key policy challenges. Recent consultations have stressed the need for a stronger fiscal position and independent monetary management.


Book
Maldives : 2005 Article IV Consultation-Public Information Notice; Staff Report; and Statement by the Executive Director for Maldives.
Author:
ISBN: 1513512633 1513512609 Year: 2019 Publisher: Washington, D.C. : International Monetary Fund,

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This 2005 Article IV Consultation with Maldives highlights that the Maldives suffered devastating damage from the December 2004 tsunami. Although human casualties were limited, damage to infrastructure has been extensive, with the cost of reconstruction estimated at nearly a half of gross domestic product. Reconstruction work has progressed slowly in 2005 but the pace is picking up. Recovery work has been slow due to insufficient coordination, problems in local consultation, and limited management capacity. The government and donors have been addressing these problems and the pace of implementation is finally accelerating. The 2006 budget is highly expansionary and threatens sustainability. The government has added to the fiscal deficit through new recruits, expansion of untargeted social programs, and a large domestically funded public investment program while using optimistic revenue projection. Fiscal reforms are of high priority. The report also explains that monetary policy should be geared to sustaining the peg arrangement based on indirect management. The objective of monetary policy should be to support the peg arrangement, which has served well as a credible nominal anchor.

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