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Book Growth and Productivity in Papua New Guinea

Download or read book Growth and Productivity in Papua New Guinea written by Ebrima Faal and published by International Monetary Fund. This book was released on 2006-05 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper has examined Papua New Guinea's historical economic growth patterns through a simple growth accounting framework. The analysis shows that swings in growth are mostly accounted for by a significant slowdown in capital input and lower Total Factor Productivity (TFP) growth. It also suggests that raising real GDP growth will require increases in both investment levels and productivity. With a ratio of investment to GDP of 13 percent during the last decade, significantly higher productivity growth and investment will be needed to sustain GDP growth rates at 5 percent or higher. The historical performance also indicates that, in the absence of structural reforms and strong institutions, higher rates of productivity growth will be hard to achieve.

Book Improving agricultural productivity in Papua New Guinea  Strategic and policy considerations  Synopsis

Download or read book Improving agricultural productivity in Papua New Guinea Strategic and policy considerations Synopsis written by Benny, Dickson and published by Intl Food Policy Res Inst. This book was released on 2022-02-16 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a recent working paper, we examine staple and cash crop production yields in Papua New Guinea (PNG). In doing so, we assess the yield gap (difference between the crop yields farmers commonly obtain and what they might realize with optimal inputs and crop management) for the main staple food crops in PNG. The yield gap for sweet potato is the smallest (1/4 - 1/3 less than attainable yields), while banana shows the largest yield gap at about ¾ less than what might be achieved under intensive cultivation. In addition, we compare PNG agricultural output with areas of similar growing conditions in Indonesia to provide insight into potential investments to further spur agricultural productivity in PNG. Finally, we assess current sector policies in PNG that aim to support agricultural development as an engine for economic growth.

Book Improving agricultural productivity in Papua New Guinea  Strategic and policy considerations

Download or read book Improving agricultural productivity in Papua New Guinea Strategic and policy considerations written by Benny, Dickson and published by Intl Food Policy Res Inst. This book was released on 2022-02-10 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: If smallholder farming households in Papua New Guinea achieve higher crop productivity levels, progress will be made along several dimensions of the development vision for PNG – increasing GDP for the agricultural sector and the overall economy; driving growth, diversification, and transformation of local rural economies; improving food consumption; and reducing poverty. In this paper, we examine recent data on yields for the most important crops grown in PNG, assess what yields might be achieved based on productivity data from areas of Indonesia with similar growing conditions, and sketch where policy reforms could provide incentives and access to technologies to achieve higher crop yields by all farmers across PNG.

Book Connections

Download or read book Connections written by Paul A. McGavin and published by . This book was released on 1993 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study describing the practical applications involved in making linkages or connections between productivity improvement and response to changing market conditions, and between productivity improvement and the welfare of employees.

Book Papua New Guinea  Critical Development Constraints

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 239 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.

Book Development and Dependency

Download or read book Development and Dependency written by Azeem Amarshi and published by Melbourne ; New York : Oxford University Press. This book was released on 1979 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political economy of Papua New Guinea.

Book Food and Agriculture in Papua New Guinea

Download or read book Food and Agriculture in Papua New Guinea written by R. Michael Bourke and published by ANU E Press. This book was released on 2009-08-01 with total page 665 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agriculture dominates the rural economy of Papua New Guinea (PNG). More than five million rural dwellers (80% of the population) earn a living from subsistence agriculture and selling crops in domestic and international markets. Many aspects of agriculture in PNG are described in this data-rich book. Topics include agricultural environments in which crops are grown; production of food crops, cash crops and animals; land use; soils; demography; migration; the macro-economic environment; gender issues; governance of agricultural institutions; and transport. The history of agriculture over the 50 000 years that PNG has been occupied by humans is summarised. Much of the information presented is not readily available within PNG. The book contains results of many new analyses, including a food budget for the entire nation. The text is supported by 165 tables and 215 maps and figures.

Book IMF Working Papers

Download or read book IMF Working Papers written by Ebrima Faal and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Papua New Guinea  Its Economic Situation and Prospects for Development

Download or read book Papua New Guinea Its Economic Situation and Prospects for Development written by World Bank and published by Johns Hopkins University Press. This book was released on 1978 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papua New Guinea is a newly-independent country, richly endowed with good soils, abundant rainfall, considerable mineral resources, and with forestry and fisheries resources of good commercial potential. The government has shown an impressive ability to deal with the young country's financial, economic, and political problems, and an effective set of institutions for economic and financial management has been created. Development strategy must aim at growing internal and external financial viability and at using the growing resources of financial viability to finance substantive programs designed to increase productivity on a wide front. The strategy hopes to reflect the government's social and cultural values, including the need for increasing national production, which is expected to come partly from a small number of highly productive enclave projects and partly from much broader growth of output in agriculture and industry. Other concerns are income distribution and the quality of life. The strength of Australia's long-term aid commitment and the large role tax revenues from enclave projects play in the thinking of policy makers have prevented attention to new sources of tax revenue and efforts to reduce the cost of government, both of which will be required.

Book Wages  Incomes and Productivity in Papua New Guinea

Download or read book Wages Incomes and Productivity in Papua New Guinea written by Paul A. McGavin and published by . This book was released on 1991 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Papua New Guinea

Download or read book Papua New Guinea written by John Connell and published by Routledge. This book was released on 2005-07-28 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papua New Guinea is the first book to explore the economic development of this socially complex, rapidly changing nation. Subjects discussed include: * rapid economic growth and political conflict * civil war on the island of Bougainville * population growth and urbanisation * mining: gold, copper and environmental conflicts * uneven development and social divisions.

Book Papua New Guinea

Download or read book Papua New Guinea written by Omot, Norah and published by Intl Food Policy Res Inst. This book was released on 2020-10-23 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: PNG’s agricultural research expenditure declined steadily during 2013–2017 as the combined result of reductions in both donor and government funding. In 2017, PNG invested just 0.31 percent of its AgGDP in agricultural research. In contrast to spending, agricultural researcher numbers rose progressively during 2013–2017 to reach 146 FTEs in total. The country’s research agencies lack the critical mass of highly qualified researchers and accompanying infrastructure needed to address the multidisciplinary challenges facing the agricultural sector. Many critical research areas remain overlooked.

Book Synopsis  Implications of public investments and external shocks on agriculture  economic growth and poverty in Papua New Guinea  An economywide analysis

Download or read book Synopsis Implications of public investments and external shocks on agriculture economic growth and poverty in Papua New Guinea An economywide analysis written by Dorosh, Paul A. and published by Intl Food Policy Res Inst. This book was released on 2022-08-22 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy simulations utilizing an economy-wide model based on PNG national accounts and survey data highlight the importance of linkages between the agricultural and non-agricultural sectors of the PNG economy. There are potentially major benefits of increased agricultural productivity for national income and urban households. To reduce rural poverty, however, transport and processing costs must be lowered, as well. Even if only half of the increase in foreign exchange earnings from the 2022 world energy price shock is absorbed into the PNG economy, the real exchange rate appreciates by 13 percent, reducing incomes from export crops. However, increased domestic demand for non-tradable crops contributes to a 10 percent income gain for the rural poor. Using a portion of increased oil and natural gas revenues to finance new investments in crop agriculture, processing and transport, provides even greater benefits by spurring real GDP growth and raising real household incomes by an additional 2 to 4 percentage points. A hypothetical carbon credit arrangement in which PNG reduces deforestation in exchange for funds used to finance cash transfers to the poorest 20 percent of both urban and rural households could raise the incomes of these groups by about 13 percent.

Book Labour Transformation in Papua New Guinea

Download or read book Labour Transformation in Papua New Guinea written by Paul A. McGavin and published by . This book was released on 2001 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Implications of public investments and external shocks on agriculture  economic growth and poverty in Papua New Guinea  An economywide analysis

Download or read book Implications of public investments and external shocks on agriculture economic growth and poverty in Papua New Guinea An economywide analysis written by Dorosh, Paul A. and published by Intl Food Policy Res Inst. This book was released on 2022-07-07 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers in Papua New Guinea face difficult choices as to how best to promote economic growth and reduce poverty in the context of vast differences in technology and infrastructure across the country. Fluctuations in world prices of petroleum, minerals, and export crops complicate the management of the economy because of their large impacts on export earnings and government revenues, as well as household welfare. Moreover, other shocks, such as the Covid-19 pandemic that shut down major parts of the economies of PNG and the rest of the world, have far-reaching effects on various economic sectors, as well as the health and welfare of the population. This paper presents an analysis of investment options in the agricultural sector and the effects of major economic shocks to the PNG economy using an economy-wide computable general equilibrium (CGE) model that provides estimates of the economic linkages between production, household incomes, consumption, investment, and trade. The model’s base data, a Social Accounting Matrix (SAM) for 2019, and many of the parameters are derived from the national accounts, household surveys and other data for PNG. It is important to realize, however, that even though the SAM and model structure provide a framework that guarantees a consistency of many of the assumptions, there remain many uncertainties in the data. Thus, the results presented here should not be interpreted as exact estimates, but only approximations of potential effects of policies and external shocks. The plan of this paper is as follows. Chapter 2 provides an overview of agriculture and economic growth in PNG over the last two decades, highlighting the declining share of agriculture in GDP despite positive agricultural GDP growth rates and changes in the real exchange rate that have major implications for incentives in the economy. Chapter 3 then presents a summary of the economy-wide model used in the analysis. Details of the model are found in the annexes and in the references included in the paper. Design of the model simulations and model results are discussed in Chapter 4. These simulations cover various investments in agriculture and transport infrastructure, increases in world prices of petroleum and natural gas, price increases for agricultural exports and hypothetical carbon credits tied to a reduction in exports of forestry products. Chapter 5 concludes with a summary of the main findings, policy implications and suggested areas for further work.

Book Trends in National Development

Download or read book Trends in National Development written by and published by . This book was released on 2000 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: