Die Länderanalyse untersucht die pazifischen AKP-Staaten (Fidschi, Kiribati, Papua-Neuguinea, Salomonen, Samoa, Tonga, Tuvalu, Vanuatu). Zunächst wird die politische Entwicklung der Region beleuchtet. Im Anschluß wird die wirtschaftliche Situation und Perspektive der einzelnen pazifischen...

Large quantities of fresh produce can be grown in the Highlands provinces of Papua New Guinea, and this produce is then marketed to a range of markets, including the coastal cities of Port Moresby and Lae. However, it is often argued that the marketing system performs poorly, and various reasons...

Stochastic dominance analysis was used to assess export performance in Papua New Guinea from 1960 to 1999. A country with abundant natural resources, Papua New Guinea was able to experience significant growth in total export values throughout the final four decades of the 20th century, with each...

This paper examines the validity of the efficient market hypothesis (EMH) for the foreign exchange market of Papua New Guinea (PNG) using data on spot exchange rates for four major foreign currencies during the recent float. The unit root test results indicate that all the four exchange rates...

The Monitor provides an update of developments in Pacific economies and explores topical policy issues.

State-owned enterprises (SOEs) continue to constrain Pacific economies. They absorb scarce capital, suffer low productivity, and often provide high cost and low quality services. SOE reform is vital to create private investment opportunities, reduce the costs of doing business, and improve...