• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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What synergies are expected to arise from the recent agreement between the IPA and the National Superannuation Fund (nasfund)?

Interviews & Viewpoints | Ian Ling-Stuckey, Treasurer: Interview from The Report: Papua New Guinea 2020

 

With the country’s economy following a boom-bust cycle, what policies could be used to hedge against a downturn, especially amid the Covid-19 pandemic?

 

Papua New Guinea has an abundance of wealth in hydrocarbons and minerals that provides it with a solid foundation for economic growth, but also leaves the Pacific island nation vulnerable to the volatility of global commodity markets. As such, the government, led by Prime Minister James Marape, is following a long-term economic development...

 

How can the IMF help developing economies in Asia Pacific mitigate the challenges of the pandemic?

 

For the past two decades Chinese consumer demand, production and investment have acted as major growth drivers for the global economy. The country’s presence is now acutely felt across emerging markets from South-east Asia to the Middle East, and sub-Saharan Africa to Latin America. Outbound flows of foreign direct investment (FDI) and...

 

In recent years Papua New Guinea’s trade and investment environment has been characterised by government policies aimed at generating wider – and more immediate – fiscal and social benefits from the country’s resource wealth, while simultaneously growing exports and decreasing imports as it develops a broader economic base. Australia remains a...

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