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This paper models the inter-temporal allocation of foreign development aid to Papua New Guinea (PNG). A formal theoretical model of aid allocation is developed, in which aid to any one country is determined jointly with aid to all other recipient countries. This is recognized in the econometric...
Persistent link: https://www.econbiz.de/10010279298
The countries of the South Pacific have struggled to generate sustainable economic growth since their independence. Interventionist policies have failed in the past here, as they have in all other regions. Business and government leaders in this region are now beginning to acknowledge - as has...
Persistent link: https://www.econbiz.de/10011902300
Crime rates in Papua New Guinea's capital city of Port Moresby are among the highest in the world. Few youth work, and good jobs are scarce. In 2013, the National Capital District Commission partnered with the World Bank to implement the Urban Youth Employment Project. The project offers...
Persistent link: https://www.econbiz.de/10012012126
In vielen europäischen Staaten steigt die Zahl der Asylanträge ebenso wie der Zuspruch für rechtspopulistische Parteien weiter an. Initiativen wie der Ruanda-Plan der britischen Regierung und das Albanien-Abkommen der italienischen Regierung können als Reaktion darauf verstanden werden. Sie...
Persistent link: https://www.econbiz.de/10014485913
The Australian government will double its Official Development Assistance by 2015 (over 2010 levels). Innovative delivery mechanisms will be required to ensure aid is spent efficiently. In addition to traditional delivery mechanisms - bilateral, multilateral - the Australian government has...
Persistent link: https://www.econbiz.de/10010280243
The demand for skills exceeds supply, both within the Pacific Islands and the high-income countries of the Pacific Rim. Enhancing skilled migration therefore has the potential to generate large economic gains. The Global Skill Partnership is a migration model that can support such mutually...
Persistent link: https://www.econbiz.de/10013365400
Papua New Guinea (PNG) has faced a foreign exchange (forex) shortage since 2015. To protect reserves, the Bank of PNG has resorted to forex rationing that led to a large backlog of orders and import compression. This paper surveys the structure of PNG's forex market and analyzes recent market...
Persistent link: https://www.econbiz.de/10013365408
Papua New Guinea (PNG), a nation of now almost nine million people, continues to evolve and adapt. While there is no shortage of recent data and research on PNG, the two most recent social science volumes on the country were both written more than a decade ago. Since then, much has changed and...
Persistent link: https://www.econbiz.de/10014321715
Standing on the broken ground of resource extraction settings, the state is sometimes like a chimera: its appearance and intentions are misleading and, for some actors, it is unknowable and incomprehensible. It may be easily mistaken for someone or something else, like a mining company, for...
Persistent link: https://www.econbiz.de/10014321738
Several empirical studies have found that when exports are concentrated in natural resources countries experience slower rates of economic growth. Various potential channels for this relationship have been identified including Dutch disease, volatility in the terms of trade, and impacts on...
Persistent link: https://www.econbiz.de/10010427110