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Financial Institutions and Markets in Papua New Guinea

In: Financial Institutions and Markets in the Southwest Pacific

Author

Listed:
  • Michael T. Skully

Abstract

Located approximately 160 kilometres northeast of Australia, Papua New Guinea (PNG), with an area of some 462,840 square kilometres and a population of 3.1 million, is both the largest of the South Pacific island countries, with a population about the same as New Zealand. In addition to the main portion of the country (some 85 per cent of its land mass) on the eastern half of the island of New Guinea, Papua New Guinea comprises some 600 islands, including the large islands New Britain, New Ireland and Manus within the Bismarck Archipelago, and Bougainville and Buka in the Solomon Group. These islands are spread over a wide area to the north and east of the mainland, covering an area some 1200 kilometres from north to south and 1900 kilometres from east to west.

Suggested Citation

  • Michael T. Skully, 1985. "Financial Institutions and Markets in Papua New Guinea," Palgrave Macmillan Books, in: Michael T. Skully (ed.), Financial Institutions and Markets in the Southwest Pacific, chapter 4, pages 245-339, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04115-2_4
    DOI: 10.1007/978-1-349-04115-2_4
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