Download or read book Exchange Rate and Macro economic Policy in Independent Papua New Guinea written by Ross Garnaut and published by . This book was released on 1984 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Policies written by Papua New Guinea and published by . This book was released on 1990 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economy of Papua New Guinea written by Economic Insights and published by . This book was released on 2000 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the openness of the PNG economy, the primary focus of macro-economic management has been external stability, as measured by a prudent level of external reserves, a sustainable balance of payments and a relatively stable exchange rate. It was recognized that fiscal deficits would fuel import demand and place the balance of payments under pressure.

Download or read book Papua New Guinea written by Stephen Howes and published by ANU Press. This book was released on 2022-03-15 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papua New Guinea (PNG), a nation of now almost nine million people, continues to evolve and adapt. While there is no shortage of recent data and research on PNG, the two most recent social science volumes on the country were both written more than a decade ago. Since then, much has changed and much has been learnt. What has been missing is a volume that brings together the most recent research and reports on the most recent data. Papua New Guinea: Government, Economy and Society fills that gap. Written by experts at the University of Papua New Guinea and The Australian National University among others, this book provides up-to-date surveys of critical policy issues for PNG across a range of fields, from elections and politics, decentralisation, and crime and corruption, to PNG’s economic trajectory and household living standards, to uneven development, communication and the media. The volume’s authors provide an overview of the data collected and research undertaken in these various fields in an engaging and accessible way. Edited by Professor Stephen Howes and Professor Lekshmi N. Pillai, Papua New Guinea: Government, Economy and Society is a must-read for students, policymakers and anyone interested in understanding this complex and fascinating country.

Download or read book The Macroeconomic Effects of Natural Resource Extraction written by Mr.Suman S Basu and published by International Monetary Fund. This book was released on 2013-05-31 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: To investigate the effects on Papua New Guinea’s economy of substantial liquified natural gas revenues arriving in 2015, we employ a model to examine the macroeconomic effects of a scalingup of natural resource windfall revenues and the implications for a variety of policy responses. The model is a multi-sector dynamic stochastic general equilibrium (DSGE) model, and features components that allow for a detailed study of the effects of both fiscal and monetary policy in response to a positive shock to the mineral resource value of a country. The model contains tradable, non-tradable, and mining sectors, as well as an independent central bank and fiscal authority. We calibrate the model to the current economy of Papua New Guinea and run a suite of policy simulations. We find that macroeconomic effects from a resource boom typically associated with Dutch Disease effects such as a real appreciation and a fall in tradable sector production stem largely from the non-tradable component of government spending. The central bank can offset the real appreciation, but not without crowding out the private sector. A sovereign wealth fund (SWF), combined with a smooth capital spending path, entails the best means of dealing with macroeconomic volatility and maintaining a stable fiscal regime.

Download or read book Papua New Guinea s Macroeconomic Policy written by H. G. Mannur and published by . This book was released on 1983* with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Situation Prospects and Policy in Papua New Guinea written by James Guest and published by . This book was released on 1987 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Effects of COVID 19 and other shocks on Papua New Guinea s food economy A multi market simulation analysis written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2021-02-19 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding how the Papua New Guinea (PNG) agricultural economy and associated household consumption is affected by climate, market and other shocks requires attention to linkages and substitution effects across various products and the markets in which they are traded. In this study, we use a multi-market simulation model of the PNG food economy that explicitly includes production, consumption, external trade and prices of key agricultural commodities to quantify the likely impacts of a set of potential shocks on household welfare and food security in PNG. In this study, we use a multi-market simulation model of the PNG food economy that explicitly includes production, consumption, external trade and prices of key agricultural commodities to quantify the likely impacts of a set of potential shocks on household welfare and food security in PNG. We have built the model to be flexible in order to explore different potential scenarios and then identify where and how households are most affected by an unexpected shock. The model is designed using region and country-level data sources that inform the structure of the PNG food economy, allowing for a data-driven evaluation of potential impacts on agricultural production, food prices, and food consumption. Thus, as PNG confronts different unexpected challenges within its agricultural economy, the model presented in this paper can be adapted to evaluate the potential impact and necessary response by geographic region of an unexpected economic shock on the food economy of the country. We present ten simulations modeling the effects of various shocks on PNG’s economy. The first group of scenarios consider the effects of shocks to production of specific agricultural commodities including: 1) a decrease on maize and sorghum output due to Fall Armyworm; 2) reduction in pig production due to a potential outbreak of African Swine Fever; 3) decline in sweet potato production similar to the 2015/16 El Niño Southern Oscillation (ENSO) climate shock; and 4) a decline in poultry production due to COVID-19 restrictions on domestic mobility and trade. A synopsis of this report, which focuses on the COVID-19 related shocks on the PNG economy is also available online (Diao et al., 2020).1 The second group of simulations focus on COVID-19-related changes in international prices, increased marketing costs in international and domestic trade, and reductions in urban incomes. We simulate a 1) 30 percent increase in the price of imported rice, 2) a 30 percent decrease in world prices for major PNG agricultural exports, 3) higher trade transaction costs due to restrictions on the movement of people (traders) and goods given social distancing measures of COVID-19, and 4) potential economic recession causing urban household income to fall by 10 percent. Finally, the last simulation considers the combined effect of all COVID-19 related shocks combining the above scenarios into a single simulation. A key result of the analysis is that urban households, especially the urban poor, are particularly vulnerable to shocks related to the Covid-19 pandemic. Lower economic activity in urban areas (assumed to reduce urban non-agricultural incomes by 10 percent), increases in marketing costs due to domestic trade disruptions, and 30 percent higher imported rice prices combine to lower urban incomes by almost 15 percent for both poor and non-poor urban households. Urban poor households, however, suffer the largest drop in calorie consumption - 19.8 percent, compared to a 15.8 percent decline for urban non-poor households. Rural households are much less affected by the Covid-19 related shocks modeled in these simulations. Rural household incomes, affected mainly by reduced urban demand and market disruptions, fall by only about four percent. Nonetheless, calorie consumption for the rural poor and non-poor falls by 5.5 and 4.2 percent, respectively.

Download or read book The Macro economic Policy Framework of Papua New Guinea written by and published by . This book was released on 1979 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economy of Papua New Guinea written by Richard Tregurtha Shand and published by . This book was released on 1971 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Exchange Rate Policy in Papua New Guinea written by John Fallon and published by . This book was released on 1995 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Papua New Guinea Critical Development Constraints written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-04-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papua New Guinea's economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium Development Goals. This raises the question of how the country can make its economic growth high, sustained, inclusive, and broad-based to more effectively improve its population's welfare. This report identifies the critical constraints to these objectives and discusses policy options to help overcome such constraints.

Download or read book Forecasts and the Impact of Macroeconomic Policies written by Gae Yandabing Kauzi and published by . This book was released on 2003 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Instability and Exchange Rate Policy in Papua New Guinea PNG written by Faitele Yabom and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Managing Macroeconomic Policies for Sustainable Growth written by John Asafu-Adjaye and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'These experienced economists use CGE modelling to analyse the consequences of significant contemporary economic and environmental policies in several Asia-Pacific countries and in Africa. This has not been done previously for several of the economies concerned. This path-breaking, economy-wide study assesses policies relating to agricultural development, trade and industrial development, energy, greenhouse gases and climate change. This readable book should appeal to a wide audience, including students, policymakers and researchers.' Clem Tisdell, University of Queensland, Australia The authors expertly reveal a model-based analysis of economic development and environmental issues with policy prescriptions for enhancing sustainable development. Within the last four decades, there has been a rapid deterioration in the quality of our environmental and natural resources, raising grave concerns about the sustainability of unbridled economic growth. In light of these concerns, the authors analyse a range of economic and environmental issues, and propose policy recommendations that would enhance sustainable economic growth. The book covers a variety of issues related to economic development, trade, energy and climate change, and focuses on countries in the Asia-Pacific region including Australia, Thailand, Papua New Guinea and Fiji. Managing Macroeconomic Policies For Sustainable Growth uniquely discusses aspects of the CGE modelling approach that will prove informative for academic researchers and postgraduate students in the areas of economic development and environmental policy. This original book will also appeal to policy analysts and policymakers in public and private institutions.

Download or read book World Economic Outlook April 2017 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2017-04-18 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook. World growth is expected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic financial markets are all upside developments. But structural impediments to a stronger recovery and a balance of risks that remains tilted to the downside, especially over the medium term, remain important challenges. Chapter 2 examines how changes in external conditions may affect the pace of income convergence between advanced and emerging market and developing economies. Chapter 3 looks at the declining share of income that goes to labor, including the root causes and how the trend affects inequality. Overall, this report stresses the need for credible strategies in advanced economies and in those whose markets are emerging and developing to tackle a number of common challenges in an integrated global economy.

Download or read book A Macroeconomic Model of Papua New Guinea written by C. Kannapiran and published by . This book was released on 1998 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: