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Navigating turbulent waters : addressing looming policy challenges for revived growth and improved living standards (English)

Papua New Guineas (PNGs) economy has slowed from the very strong growth rates of recent years, as construction of the PNG liquefied natural gas (LNG) facility nears completion and export prices weaken, weighing on domestic activity. ... See More +

Brief 83242 DEC 04, 2013

Bulman, Tim; Suri, Vivek; Bailey, Laura; Shetty, Sudhir; Adelman, Melissa; Cairns, Alan; Gibson, John; Knight, David; Irava, Wayne; Narimatsu, Junko; Sharma, Manohar; Somanathan, Aparnaa; Sur, Mona

From the last days of the boom to lasting improvements in living standards (English)

In 2012 PNGs economy enjoyed what it is likely to be the last year of strong growth for most sectors of PNGs economy in this economic cycle. Construction of PNG-LNG and various spin-off investments, and broader investments in the domestic service sectors, continued to be key drivers. ... See More +

Brief 75435 JAN 01, 2013

Bulman, Tim

The challenge of transforming todays boom into better living standards for tomorrow (English)

Papua New Guinea (PNGs) strong economic expansion continued into early 2012, but the forces propelling this growth are likely to have peaked. The moderation in growth and expanded supply capacity will slow recent rapid price growth. ... See More +

Brief 72446 JAN 01, 2012

Bulman, Tim

Enjoying the opportunities and facing the challenges of resurgent commodity prices (English)

Resurgent commodity prices are benefiting Papua New Guineas economy. The economy expanded at its fastest pace since the early 1990s, as investors built the infrastructure to access the countrys rich store of natural resources, and these investments supported business conditions across the economy. ... See More +

Brief 61839 APR 01, 2011