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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
Persistent link: https://www.econbiz.de/10012272331
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...
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