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Structural Adjustment Issues in Papua New Guinea

Author

Listed:
  • John Lodewijks
  • Diane Enahoro
  • George Argyrous

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.

Suggested Citation

  • John Lodewijks & Diane Enahoro & George Argyrous, 1991. "Structural Adjustment Issues in Papua New Guinea," The Economic and Labour Relations Review, , vol. 2(1), pages 154-171, June.
    • Handle: RePEc:sae:ecolab:v:2:y:1991:i:1:p:154-171
    DOI: 10.1177/103530469100200109
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    References listed on IDEAS

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    1. Sebastian Edwards, 1989. "Real Exchange Rates in the Developing Countries: Concepts and Measure- ment," NBER Working Papers 2950, National Bureau of Economic Research, Inc.
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