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Structural Adjustment Issues in Papua New Guinea

Published online by Cambridge University Press:  01 January 2023

John Lodewijks ,
Diane Enahoro  and
George Argyrous
John Lodewijks
Affiliation:
School of Economics, University of New South Wales
Diane Enahoro
Affiliation:
School of Economics, University of New South Wales
George Argyrous
Affiliation:
School of Economics, University of New South Wales
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Abstract

Poor economic performance and the Bougainville mine closure have focused attention in PNG on the appropriate stabilization package and micro policies necessary to improve the country’s economic prospects. A package of structural adjustment “reforms”, strongly supported by the IMF and World Bank, have been introduced. This paper examines the applicability and desireability of implementing these “reforms”. Our paper suggests that PNG might profitably explore some alternative development options to the ones currently in vogue.

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Type
Research Article
Information
The Economic and Labour Relations Review , Volume 2 , Issue 1 , June 1991 , pp. 154 - 171
Copyright
Copyright © The Author(s) 1991

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