Foreign Aid, Government Behaviour, and Fiscal Policy in Papua New Guinea

Foreign Aid, Government Behaviour, and Fiscal Policy in Papua New Guinea PDF

Author: Aaron Batten

Publisher:

Published: 2010

Total Pages: 0

ISBN-13:

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The paper explores a number of long standing questions surrounding how foreign aid has influenced the fiscal behaviour of the PNG Government. This includes whether grant aid has encouraged the PNG government to be less fiscally responsible and accumulate higher levels of foreign debt; whether grant aid has tended to lower the PNG government's domestic revenue raising efforts; whether grant aid has drawn government expenditures away from key service delivery sectors; and whether budget support and project and program aid have had differential effects with respect to any of the foregoing questions. The analysis reveals several important insights regarding the interplay between foreign aid and public sector fiscal behaviour including evidence that grant aid has been an important source of debt reduction during this period. However, grant aid has tended to erode the domestic tax base, which has limited the government's ability to increase aggregate expenditure levels. Evidence is also found that suggests a significant portion of budget support was spent on key development sectors, although it also undermined domestic revenue collection. A number of policy implications follow.

The Fiscal Response of Papua New Guinea to Foreign Aid

The Fiscal Response of Papua New Guinea to Foreign Aid PDF

Author: Neal Forster

Publisher: Research School of Pacific Studies Australian National Univ

Published: 1993

Total Pages: 34

ISBN-13:

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Econometric study which examines how Papua New Guinea's government expenditure and financing patterns were affected by the large inflows of foreign aid received during the period 1970 to 1988. Designed for government and business use. Includes references. The author works at the National Centre for Development Studies at the Australian National University.

Papua New Guinea: Critical Development Constraints

Papua New Guinea: Critical Development Constraints PDF

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2012-04-01

Total Pages: 239

ISBN-13: 9290925825

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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.

Quality Peace

Quality Peace PDF

Author: Peter Wallensteen

Publisher: Oxford University Press

Published: 2015-10-06

Total Pages: 263

ISBN-13: 0190492627

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In Quality Peace, leading peace researcher Peter Wallensteen offers a broad analysis of peacebuilding, isolating what does and not work when settling conflicts. The book uses statistical analysis to compare two war outcomes-negotiated settlement and victory- in the post-Cold War era. Wallensteen finds that if peace is to last, three conditions must be met: a losing party must retain its dignity; security and the rule of law must be ensured for all; and the time horizon for the settlement must be long enough to ensure a sense of normalcy. Wallensteen breaks down the components of all of these conditions and applies them to interstate conflicts, civil wars in which rebels are aiming to take over the entire state, and separatist rebellions. He also delves into the issue of world order and the significance of major power relations for local peace efforts. Thus, the work provides a remarkable understanding of how different types of war outcomes deal with post-war conditions. Sharply argued and comprehensive, Quality Peace will invigorate peace research and stimulate peace practice, becoming an authoritative work in the field.

Global Trends 2040

Global Trends 2040 PDF

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2021-03

Total Pages: 158

ISBN-13: 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

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