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Macroeconomic Situation, Prospects and Policy in Papua New Guinea
The Economy of Papua New Guinea
Author: Economic Insights
Publisher:
Published: 2000
Total Pages: 200
ISBN-13:
DOWNLOAD EBOOK →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.
Exchange Rate Policy in Papua New Guinea
Macroeconomic Instability and Exchange Rate Policy in Papua New Guinea (PNG).
Resources Booms and Macroeconomic Adjustments in Developing Countries
Author: Mamta Banu Chowdhury
Publisher: Routledge
Published: 2017-11-28
Total Pages: 256
ISBN-13: 1351150146
DOWNLOAD EBOOK →Chowdhury addresses fundamental issues of policy management in resource-based developing countries, by providing an extension of the existing 'Dutch Disease' theory and its applications to the developing country context. The impact of resources booms is of paramount importance for the developing economies. To date the analytical and empirical investigations of these issues have not been available. Essentially, this study will fill this gap. The book investigates the macroeconomic impact of a resources boom and the long-term growth implications of related policy choices with reference to Papua New Guinea. Like many other primary commodity exporting developing economies, Papua New Guinea experienced several short-lived export booms over the past two and a half decades, providing a fascinating case study of potential gains from resources booms and the accompanying complex problems of policy management. This study also incorporates a comparative study of resources boom and policy management issues between Papua New Guinea, Indonesia and Nigeria.
Exchange and Markets in Early Economic Development
Author: John D. Conroy
Publisher: Berghahn Books
Published: 2023-05-12
Total Pages: 312
ISBN-13: 1800739699
DOWNLOAD EBOOK →The idea of an informal economy emerged from, and is a critique of, the ideology of ‘economic development’. It originated from Keith Hart’s recognition of informal economic activity in 1960s Ghana. In the context of four colonialisms – German, British, Australian and Dutch – this book recounts Hart’s effort in 1972 to introduce the informal ‘sector’ into development planning in Papua New Guinea. This was problematic, because ‘the market’ was scarcely institutionalized, and traditional modes of exchange persisted stubbornly. Rather than conforming with post-colonial economic ideology, the subjected people pushed back against imposed bureaucracy to practice informal and hybrid modes of economic activity.
Economic Policy Issues and Options in Papua New Guinea
Author: Desh Gupta
Publisher:
Published: 1984
Total Pages: 304
ISBN-13:
DOWNLOAD EBOOK →Conference papers on economic development trends, economic policy and prospects in Papua New Guinea - covers economic recession, exchange rate, monetary policy and fiscal policy; studies mining and mineral policy, agricultural policy and fishery policy; discusses wage policy, employment policy, industrial policy, investment policy and infrastructure as well as international, national level and regional level economic relations. References, statistical tables.
Exchange Rates and Prices
Author: Jayant Menon
Publisher: Springer Science & Business Media
Published: 2013-12-11
Total Pages: 318
ISBN-13: 3642520707
DOWNLOAD EBOOK →The objective of this study is to provide an in-depth analysis of the exchange rate pass-through relationship, using Australian imports of manufactures as a case study. The study begins by piecing together the theoretical literature on exchange rate pass-through, to provide the basis for the development of models for the empirical analysis. To place the empirical analysis m comparative context, a critical survey of the existing empirical literature on exchange rate pass-through is then undertaken. This is followed by a review of aspects of the structure and performance of Australian manufacturing that relate to the theme of the study. Next, the data and methodology are discussed. The analysis of exchange rate pass-through is conducted in two stages. First, it seeks to establish the degree to which Australian dollar (AUD) import prices of total manufactures and 50 product categories contained therein have responded to the massive fluctuations in the AUD during the 1980s. This is done by applying an econometric procedure which avoids the pit-falls in previous studies to a carefully assembled data set. Second, the study investigates the determinants of inter-product differences in the degree of exchange rate pass-through. This is done by relating the pass-through coefficients to a series of variables representing foreign control, quantitative restrictions (QRs), product characteristics and market structure within a cross section regression framework.
Economic Adjustment
Author: sirFrank Wakefield Holmes
Publisher: International Monetary Fund
Published: 1987-01-15
Total Pages: 296
ISBN-13: 9780939934980
DOWNLOAD EBOOK →This volume, edited by Sir Frank Holmes of the Institute of Policy Studies in New Zealand, contains the proceedings of a seminar held in Wellington, New Zealand. The seminar concentrates on problems of economic adjustment facing countries in the South Pacific. Subjects covered in the eight papers include case studies of adjustment in developed and edveloping countries, and the role of private capital aid and exchange rate, pricing, and trade policies in adjustment and development.
