Category - PNG

Featured Pacific and PNG PNG

PNG: some reform suggestions

The first post in this two-part series argued that the incipient recovery underway in PNG in 2018 had faltered, and that economic growth had once again slowed. I don’t think this conclusion would be a surprise to many, including not to PNG’s new Prime Minister, James Marape, who...

Pacific and PNG PNG

PNG’s faltering economic recovery

According to World Bank data, Papua New Guinea is the tenth most resource intensive economy in the world. Using its measure of underground resource rents (profits from oil, gas, coal and minerals) as a percentage of GDP, out of 205 countries PNG comes in tenth at 19.3%, just below Saudi Arabia at...