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Papua New Guinea's (PNG) resource boom has come to an end. Theory suggests that the real exchange rate (RER) should subsequently depreciate in order to restore internal and external balance. In practice, however, the imposition of foreign exchange controls has led to a large backlog in foreign...
Persistent link: https://www.econbiz.de/10012927001
Papua New Guinea's (PNG) resource boom has come to an end. Theory suggests that the real exchange rate (RER) should subsequently depreciate in order to restore internal and external balance. In practice, however, the imposition of foreign exchange controls has led to a large backlog in foreign...
Persistent link: https://www.econbiz.de/10012962477
This paper provides a survey of economic and related developments in Papua New Guinea (PNG) over the last twelve months, roughly from July 2014 to June 2015. The early commencement of the mega PNG LNG project notwithstanding, economic circumstances in PNG are currently difficult. Moody's has...
Persistent link: https://www.econbiz.de/10013015566
Various interventions have been shown to increase economic autonomy for women and development outcomes, including improved access to banking, entrepreneurship opportunities and financial capability. However, there is limited research on this topic in Papua New Guinea (PNG). This study uses the...
Persistent link: https://www.econbiz.de/10013243159
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This study presents a gender-specific assessment of medium-term disaster recovery following a series of earthquakes in Indonesia's Aceh Province on 7 December 2016. For this assessment, we combine the village-level nighttime radiance data obtained from the Visible Infrared Imaging Radiometer...
Persistent link: https://www.econbiz.de/10014549344
This paper explores the job creation impacts of the large foreign direct investment (FDI) inflows to Mongolia's non-resource sector following the signing of the investment agreement for the Oyu Tolgoi mine in 2009. Using FDI project and national employment data over 2009-2013, we employ a triple...
Persistent link: https://www.econbiz.de/10013205155
We present a simple model of internal and external balance that incorporates the key features of resource-rich developing countries (RRDCs). The main result is that "government take", which is the ratio of fiscal resource revenue to resource output, is a key determinant of the equilibrium real...
Persistent link: https://www.econbiz.de/10013365406