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Reflecting a strong global economic rebound, Papua New Guinea (PNG) reversed its downward economic growth trajectory in 2021. The World Bank estimates that the PNG economy contracted by 3.5 percent in 2020 before returning to positive economic growth of 1 percent in 2021. Domestic agricultural...
Persistent link: https://www.econbiz.de/10013209110
The Special Focus for this issue is on long-term growth, emphasizing the challenges PNG is facing. The chapter identifies the underlying challenges of low and volatile growth in the country and aims at starting a public discussion to better understand the problems and, thus, contribute to...
Persistent link: https://www.econbiz.de/10013415211