Author: Neal Forster Publisher: Research School of Pacific Studies Australian National Univ ISBN: Category : Economic assistance Languages : en Pages : 34
Book Description
Econometric study which examines how Papua New Guinea's government expenditure and financing patterns were affected by the large inflows of foreign aid received during the period 1970 to 1988. Designed for government and business use. Includes references. The author works at the National Centre for Development Studies at the Australian National University.
Author: Aaron Batten Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
The paper explores a number of long standing questions surrounding how foreign aid has influenced the fiscal behaviour of the PNG Government. This includes whether grant aid has encouraged the PNG government to be less fiscally responsible and accumulate higher levels of foreign debt; whether grant aid has tended to lower the PNG government's domestic revenue raising efforts; whether grant aid has drawn government expenditures away from key service delivery sectors; and whether budget support and project and program aid have had differential effects with respect to any of the foregoing questions. The analysis reveals several important insights regarding the interplay between foreign aid and public sector fiscal behaviour including evidence that grant aid has been an important source of debt reduction during this period. However, grant aid has tended to erode the domestic tax base, which has limited the government's ability to increase aggregate expenditure levels. Evidence is also found that suggests a significant portion of budget support was spent on key development sectors, although it also undermined domestic revenue collection. A number of policy implications follow.
Author: International Monetary Fund. Asia and Pacific Dept Publisher: International Monetary Fund ISBN: 1498390552 Category : Business & Economics Languages : en Pages : 11
Book Description
This Selected Issues paper analyzes the sustainability of Papua New Guinea’s current and medium-term fiscal policy and its consistency with government objectives. The Papua New Guinea government faces major challenges in shaping a fiscal policy that promotes stability, meets development needs, and adheres to its debt ceilings over the medium term. It could decide to continue with its current fiscal stance, which would see its resource wealth exhausted quickly through large development spending. This approach would likely require continued borrowing and leave little savings for future generations.
Author: Ila Temu Publisher: Asia Pacific Press ISBN: Category : Business & Economics Languages : en Pages : 312
Book Description
Collection of papers examining aspects of Papua New Guinea's minerals, forestry, fisheries and human resources and government policies relating to management of these resources. Discusses topics such as the role of foreign aid, planning and policy issues. Includes references. The editor is managing director of the Mineral Resources Development Company. The contributors include the Deputy Prime Minister and Minister of Finance, Papua New Guinea, and academics in various disciplines from Australia and Papua New Guinea.
Author: Neal Forster
Author: Aaron Batten
Author: Aaron Batten
Author: Ephraim Makis
Author: International Monetary Fund. Asia and Pacific Dept
Author: Aaron Batten
Author: James Griffin
Author: James Guest
Author: Ila Temu
Author: Penelope J. Ridings