Papua New Guinea: Critical Development Constraints

Papua New Guinea: Critical Development Constraints
ISBN-10
9290925825
ISBN-13
9789290925828
Series
Papua New Guinea
Category
Business & Economics
Pages
239
Language
English
Published
2012-04-01
Publisher
Asian Development Bank
Author
Asian Development Bank

Description

Papua New Guinea's economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium Development Goals. This raises the question of how the country can make its economic growth high, sustained, inclusive, and broad-based to more effectively improve its population's welfare. This report identifies the critical constraints to these objectives and discusses policy options to help overcome such constraints.

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