Exchange Rate and Macro-economic Policy in Independent Papua New Guinea

Exchange Rate and Macro-economic Policy in Independent Papua New Guinea PDF Author: Ross Garnaut
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Exchange Rate and Macro-economic Policy in Independent Papua New Guinea

Exchange Rate and Macro-economic Policy in Independent Papua New Guinea PDF Author: Ross Garnaut
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 196

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Book Description


Resources Booms and Macroeconomic Adjustments in Developing Countries

Resources Booms and Macroeconomic Adjustments in Developing Countries PDF Author: Mamta Banu Chowdhury
Publisher: Routledge
ISBN: 1351150154
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
Chowdhury addresses fundamental issues of policy management in resource-based developing countries, by providing an extension of the existing 'Dutch Disease' theory and its applications to the developing country context. The impact of resources booms is of paramount importance for the developing economies. To date the analytical and empirical investigations of these issues have not been available. Essentially, this study will fill this gap. The book investigates the macroeconomic impact of a resources boom and the long-term growth implications of related policy choices with reference to Papua New Guinea. Like many other primary commodity exporting developing economies, Papua New Guinea experienced several short-lived export booms over the past two and a half decades, providing a fascinating case study of potential gains from resources booms and the accompanying complex problems of policy management. This study also incorporates a comparative study of resources boom and policy management issues between Papua New Guinea, Indonesia and Nigeria.

Exchange and Markets in Early Economic Development

Exchange and Markets in Early Economic Development PDF Author: John D. Conroy
Publisher: Berghahn Books
ISBN: 1800739699
Category : Social Science
Languages : en
Pages : 312

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Book Description
The idea of an informal economy emerged from, and is a critique of, the ideology of ‘economic development’. It originated from Keith Hart’s recognition of informal economic activity in 1960s Ghana. In the context of four colonialisms – German, British, Australian and Dutch – this book recounts Hart’s effort in 1972 to introduce the informal ‘sector’ into development planning in Papua New Guinea. This was problematic, because ‘the market’ was scarcely institutionalized, and traditional modes of exchange persisted stubbornly. Rather than conforming with post-colonial economic ideology, the subjected people pushed back against imposed bureaucracy to practice informal and hybrid modes of economic activity.

Money and Banking in Papua New Guinea

Money and Banking in Papua New Guinea PDF Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 400

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Exchange Rates and Prices

Exchange Rates and Prices PDF Author: Jayant Menon
Publisher: Springer Science & Business Media
ISBN: 3642520707
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
The objective of this study is to provide an in-depth analysis of the exchange rate pass-through relationship, using Australian imports of manufactures as a case study. The study begins by piecing together the theoretical literature on exchange rate pass-through, to provide the basis for the development of models for the empirical analysis. To place the empirical analysis m comparative context, a critical survey of the existing empirical literature on exchange rate pass-through is then undertaken. This is followed by a review of aspects of the structure and performance of Australian manufacturing that relate to the theme of the study. Next, the data and methodology are discussed. The analysis of exchange rate pass-through is conducted in two stages. First, it seeks to establish the degree to which Australian dollar (AUD) import prices of total manufactures and 50 product categories contained therein have responded to the massive fluctuations in the AUD during the 1980s. This is done by applying an econometric procedure which avoids the pit-falls in previous studies to a carefully assembled data set. Second, the study investigates the determinants of inter-product differences in the degree of exchange rate pass-through. This is done by relating the pass-through coefficients to a series of variables representing foreign control, quantitative restrictions (QRs), product characteristics and market structure within a cross section regression framework.

Economic Policy Issues and Options in Papua New Guinea

Economic Policy Issues and Options in Papua New Guinea PDF Author: Desh Gupta
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 304

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Book Description
Conference papers on economic development trends, economic policy and prospects in Papua New Guinea - covers economic recession, exchange rate, monetary policy and fiscal policy; studies mining and mineral policy, agricultural policy and fishery policy; discusses wage policy, employment policy, industrial policy, investment policy and infrastructure as well as international, national level and regional level economic relations. References, statistical tables.

Globalization and Papua New Guinea: Ancient Wilderness, Paradise, Introduced Terror and Hell

Globalization and Papua New Guinea: Ancient Wilderness, Paradise, Introduced Terror and Hell PDF Author: Falk Huettmann
Publisher: Springer Nature
ISBN: 3031202627
Category : Science
Languages : en
Pages : 705

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Book Description
This book aims to present a reality view for Papua New Guinea based on many years of first-hand field work and research accounts. It further assesses sustainability in the light of 47,000 years of a self-sustained type of civilization without bad global impacts. This book contrasts the modern sustainable development failures from the colonial times onwards, as promoted by the ‘western world’, namely Australia, the UK, EU and the U.S as well as Japan and now, China, in times of globalization, Trump’ism and royal governance (Papua New Guinea is still part of the British Dominion and of the Antarctic Treaty etc). This assessment and book is the first of its kind also employing modern data analysis, Landscape Ecology principles (patterns and processes, telecoupling) and Geographic Information Systems (GIS) with Open Access data focusing on ecological economics, marxism, socialism and contrasting it with current capitalism and neoliberalism that Papua New Guinea is fully exposed to. Throughout the 31 book chapters various aspects are covered how a further insistence on the ‘new’ Sustainable Development Goals (SDGs) and so-called Development Aid will result in unwanted side effects and perverse outcomes for Papua New Guinea and for the world in times of wider ‘global change’ and unprecedented man-made crisis.

Policy Making and Implementation

Policy Making and Implementation PDF Author: Ronald James May
Publisher: ANU E Press
ISBN: 1921536691
Category : Political Science
Languages : en
Pages : 413

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Book Description
There is a vast literature on the principles of public administration and good governance, and no shortage of theoreticians, practitioners and donors eager to push for public sector reform, especially in less-developed countries. Papua New Guinea has had its share of public sector reforms, frequently under the influence of multinational agencies and aid donors. Yet there seems to be a general consensus, both within and outside Papua New Guinea, that policy making and implementation have fallen short of expectations, that there has been a failure to achieve 'good governance'. This volume, which brings together a number of Papua New Guinean and Australian-based scholars and practitioners with deep familiarity of policy making in Papua New Guinea, examines the record of policy making and implementation in Papua New Guinea since independence. It reviews the history of public sector reform in Papua New Guinea, and provides case studies of policy making and implementation in a number of areas, including the economy, agriculture, mineral development, health, education, lands, environment, forestry, decentralization, law and order, defence, women and foreign affairs, privatization, and AIDS. Policy is continuously evolving, but this study documents the processes of policy making and implementation over a number of years, with the hope that a better understanding of past successes and failures will contribute to improved governance in the future.

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344062
Category : Business & Economics
Languages : en
Pages : 74

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Book Description
Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.