The Report Papua New Guinea 2014
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Author | : Oxford Business Group |
Publisher | : Oxford Business Group |
Total Pages | : 256 |
Release | : 2014-09-04 |
Genre | : |
ISBN | : 1910068101 |
Papua New Guinea is poised for change, as the country’s mineral riches are providing a major opportunity for economic development through the exploitation of natural resources. The government’s five-year strategic plan focuses on key development enablers such as free education, improvements to health services, the strengthening of law and order, rural development projects and infrastructure construction. Inward investment has increasingly been driven by the extractive sector, including oil and gas, whose share of the country’s total investment stock rose from 71% to 87% between 2004 and 2012. Statistics from the Investment Promotion Authority reveal that the largest share of new foreign direct investment in 2013, some 24.6%, targeted the construction sector, outpacing that in financial services, manufacturing and mining, which accounted for 19.8%, 18.1% and 10.9%, respectively. While minerals and hydrocarbons dominate exports, around 85% of the country’s population is employed in the agriculture sector. The start of liquefied natural gas exports in 2014 is expected to return the current account to a surplus in 2015, forecast as high as 12.1% of GDP before returning to 9.1% the following year. While the outlook for state revenues remains strong in the medium term, ensuring the sustainability of further spending increases will be key to preserving macroeconomic stability.
Author | : Oxford Business Group |
Publisher | : Oxford Business Group |
Total Pages | : 256 |
Release | : 2016-09-17 |
Genre | : |
ISBN | : 1910068365 |
In Papua New Guinea hopes are high that real change is on its way; the country’s political, administrative, financial and technical leaders now have to find a way to ensure the most productive distribution and use of financial resources. Many international actors are watching closely to see how this young country negotiates its path. Papua New Guinea became a major exporter of gas in 2014 when the $19bn PNG liquefied natural gas (LNG) project was completed ahead of schedule and within budget, significantly increasing the size and strength of the economy. The year ahead is likely to see PNG benefit from the further development of its hydrocarbons sector, fuelling the growth of its economy as a whole. The LNG influx also poses challenges, however, in terms of ensuring inclusive growth and productive use of the new revenues. PNG takes pride in being a final frontier of natural and cultural development, but the task ahead is to protect the country’s heritage while becoming part of the global economy.
Author | : Mines Bureau |
Publisher | : Government Printing Office |
Total Pages | : 280 |
Release | : 2018-04-19 |
Genre | : Business & Economics |
ISBN | : 9781411341722 |
- Minerals Yearbook, 2014, V. 3: Area Reports: International: Asia and the Pacific. Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region's mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country's mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country's mineral industry, and an outlook section.
Author | : Vijaya Nagarajan |
Publisher | : Asian Development Bank |
Total Pages | : 359 |
Release | : 2018-08-01 |
Genre | : Business & Economics |
ISBN | : 9292612875 |
This book provides a current and comprehensive analysis of the context in which Pacific women engage in the private sector, as well as a detailed list of strategies to increase their participation in business. Drawing on research and data from seven Pacific countries, it offers a diversity of innovative and pragmatic ways to empower women and enhance their economic opportunities. Jointly undertaken by the Asian Development Bank's Pacific Private Sector Development Initiative and the Government of Australia, this study is valuable for anyone seeking to support Pacific women and contribute to entrepreneurship, business development, and private sector growth.
Author | : Oxford Business Group |
Publisher | : Oxford Business Group |
Total Pages | : 244 |
Release | : 2016-09-19 |
Genre | : |
ISBN | : 1910068640 |
In terms of investment, Papua New Guinea’s geographic location, geopolitical importance and abundance of commodities, as well as the success of the PNG Liquefied Natural Gas project, have helped it become a favoured destination for Chinese and Japanese ventures, with expectations of further foreign direct investment (FDI) going forward, particularly in the primary sector. However, PNG remains a challenging place for international participants, and while high-level, strategically important projects are likely to proceed smoothly, smaller, more entrepreneurial ventures may face difficulty. To improve this reputation the country is trying to boost transparency and efficiency in business transactions, though new initiatives under way could see it adopt more protectionist policies, thereby going against the tenets of liberal economics it has traditionally embraced.
Author | : Gordon Betcherman |
Publisher | : Oxford University Press |
Total Pages | : 323 |
Release | : 2016-10-06 |
Genre | : Business & Economics |
ISBN | : 0191070939 |
This book is a sequel to the World Bank's World Development Report 2013: Jobs. The central message of that report was that job creation is at the heart of development. Jobs raise living standards and lift people out of poverty, they contribute to gains in aggregate productivity, and they may even foster social cohesion. In doing so, jobs may have spillovers beyond the private returns they offer to those who hold them. Poverty reduction is arguably a public good, making everybody better off; higher productivity spreads across co-workers, clusters, and cities; and social cohesion improves the outcomes of collective decision-making. But which jobs make the greatest contribution to development and what policies can facilitate the creation of more of these jobs? There is no universal answer - it depends on the country's level of development, demography, natural endowments, and institutions. This volume explores the diversity of jobs challenges and solutions through case studies of seven developing countries. These countries, drawn from four continents, represent seven different contexts - a small island nation (St. Lucia), a resource-rich country (Papua New Guinea), agrarian (Mozambique), urbanizing (Bangladesh), and formalizing (Mexico) economies, as well as young (Tunisia) and aging (Ukraine) populations. Using methods drawn from several branches of economics and the social sciences more broadly and analyzing a wide range of data, the authors show the different ways in which jobs have contributed to social and economic development in the countries they have studied and how they can contribute in the future. The policy priorities vary accordingly. They often extend well beyond traditional labor market instruments to include policy areas not typically considered in national growth strategies.
Author | : International Monetary Fund. Asia and Pacific Dept |
Publisher | : International Monetary Fund |
Total Pages | : 70 |
Release | : 2015-11-18 |
Genre | : Business & Economics |
ISBN | : 1513584685 |
This 2015 Article IV Consultation highlights that Papua New Guinea (PNG) is facing strong headwinds from lower global commodity prices. Although the commencement of liquefied natural gas (LNG) production has boosted overall GDP growth in 2014–15, the slow growth of the nonresource sector calls for a renewed policy focus on inclusive growth in the post-LNG construction period. Risks to the outlook are increasingly skewed to the downside. Fiscal consolidation necessitated by weaker-than-anticipated revenue performance will dampen nonresource growth over the short run, and a weak global economy could further dampen external demand and commodity prices.
Author | : Oxford Business Group |
Publisher | : Oxford Business Group |
Total Pages | : 248 |
Release | : 2013-08-16 |
Genre | : |
ISBN | : 1907065814 |
Papua New Guinea is poised for change, as the country’s mineral riches are providing a major opportunity for economic development through the exploitation of natural
Author | : Max Schleser |
Publisher | : Springer |
Total Pages | : 179 |
Release | : 2018-04-07 |
Genre | : Social Science |
ISBN | : 331976795X |
The participatory turn in media, arts and design along with interrelated developments in the proliferation of social and network media have changed our understanding of the contemporary mediascape. Mobile Story Making in an Age of Smartphones reveals how smartphones and storytelling are forming a symbiosis that empowers twenty-first century citizens and creatives around the world. The edited collection further develops definitions and debate around creative mobile media and its impact on media, art and design. It brings together mobile artists, digital ethnographers, filmmakers working with smartphones, illustrators, screenwriters as well as musicians utilizing apps and mobile devices, who explore new directions in the creative arts with a focus on screen production. Lastly, it demonstrates how mobile devices and smartphones can make a difference in peoples’ lives and catalyses creativity in order to tackle current socio-cultural issues.
Author | : Ceridwen Spark |
Publisher | : University of Hawaii Press |
Total Pages | : 177 |
Release | : 2020-07-31 |
Genre | : Social Science |
ISBN | : 082488180X |
The New Port Moresby: Gender, Space, and Belonging in Urban Papua New Guinea explores the ways in which educated, professional women experience living in Port Moresby, the burgeoning capital of Papua New Guinea. Drawing on postcolonial and feminist scholarship, the book adds to an emerging literature on cities in the “Global South” as sites of oppression, but also resistance, aspiration, and activism. Taking an intersectional feminist approach, the book draws on a decade of research conducted among the educated professional women of Port Moresby, offering unique insight into class transitions and the perspectives of this small but significant cohort. The New Port Moresby expands the scope of research and writing about gendered experiences in Port Moresby, moving beyond the idea that the city is an exclusively hostile place for women. Without discounting the problems of uneven development, the author argues that the city’s new places offer women a degree of freedom and autonomy in a city predominantly characterized by fear and restriction. In doing so, it offers an ethnographically rich perspective on the interaction between the “global” and the “local” and what this might mean for feminism and the advancement of equity in the Pacific and beyond. The New Port Moresby will find an audience among anthropologists, particularly those interested in the urban Pacific, feminist geographers committed to expanding research to include cities in the Global South and development theorists interested in understanding the roles played by educated elites in less economically developed contexts. There have been few ethnographic monographs about Port Moresby and those that do exist have tended to marginalize or ignore gender. Yet as feminist geographers make clear, women and men are positioned differently in the world and their relationship to the places in which they live is also different. The book has no predecessors and stands alone in the Pacific as an account of this kind. As such, The New Port Moresby should be read by scholars and students of diverse disciplines interested in urbanization, gender, and the Pacific.