Publication:
Managing Resource-Induced Volatility in Papua New Guinea: Some Issues for Discussion

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dc.contributor.authorOllero, Tony
dc.contributor.authorIzvorski, Ivailo
dc.date.accessioned2017-08-10T20:58:54Z
dc.date.available2017-08-10T20:58:54Z
dc.date.issued2010-03-03
dc.description.abstractThis report reviews developments in Papua New Guinea (PNG) since independence, and looks at the issues relevant for saving and managing natural resources and resource induced volatility. These issues could serve as a useful basis for discussion of options the government of PNG could pursue as it emerges from the economic and financial crisis and looks forward to the start of operation of the PNG liquified natural gas (LNG) project. Although the wealth of international experience suggests several key areas for the attention of the authorities, many issues can be addressed only on the basis of detailed projections about future resource flows and investment outlays. Whether the rules will prove effective will also depend on other steps to enhance the fiscal framework. The World Bank can provide more detailed analysis, expertise and recommendations should such data become available.en
dc.identifierhttp://documents.worldbank.org/curated/en/385931468081534980/Papua-New-Guinea-Managing-Resource-Induced-Volatility
dc.identifier.doi10.1596/27727
dc.identifier.urihttps://hdl.handle.net/10986/27727
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCOUNTING
dc.subjectADVANCED ECONOMIES
dc.subjectAGRICULTURE
dc.subjectASSET MANAGEMENT
dc.subjectASSET PRICE
dc.subjectAUDITS
dc.subjectBALANCE OF PAYMENT
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK GOVERNOR
dc.subjectBANKING SYSTEM
dc.subjectBENCHMARK
dc.subjectBONDS
dc.subjectBORROWING COSTS
dc.subjectBUDGET SURPLUSES
dc.subjectBUDGETING
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS CYCLE
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL LOSSES
dc.subjectCENTRAL BANK
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMITMENT DEVICE
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY EXPORT
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCONFLICT OF INTEREST
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONTINGENT LIABILITIES
dc.subjectCORPORATE INCOME TAXES
dc.subjectCREDIBILITY
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCURRENCY
dc.subjectCURRENCY BASKET
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectDEBT
dc.subjectDEBT RATIO
dc.subjectDEBT REDUCTION
dc.subjectDEBT REPAYMENTS
dc.subjectDEBT SERVICE
dc.subjectDEBT SERVICE RATIO
dc.subjectDEPOSIT
dc.subjectDEPOSITS
dc.subjectDERIVATIVES
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT PROJECTS
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDISBURSEMENT
dc.subjectDISCLOSURE STANDARDS
dc.subjectDISCOUNT RATES
dc.subjectDISCOUNTED VALUE
dc.subjectDIVIDENDS
dc.subjectDOLLAR PRICES
dc.subjectDOMESTIC BANKING
dc.subjectDOMESTIC BANKS
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC CURRENCY
dc.subjectDOMESTIC ECONOMY
dc.subjectDOMESTIC INTEREST RATES
dc.subjectDUAL ECONOMY
dc.subjectECONOMIC BOOM
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC VOLATILITY
dc.subjectEMERGING EQUITY MARKETS
dc.subjectENFORCEMENT MECHANISMS
dc.subjectEQUITIES
dc.subjectEQUITY MARKETS
dc.subjectEQUITY STAKE
dc.subjectETHICAL INVESTMENT
dc.subjectEXCHANGE RATE
dc.subjectEXPANSIONARY FISCAL POLICY
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORTER
dc.subjectEXPORTS
dc.subjectEXTERNAL DEBT
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCING ARRANGEMENTS
dc.subjectFISCAL AUTHORITIES
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL CONSTRAINTS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFIXED EXCHANGE RATE
dc.subjectFIXED INCOME
dc.subjectFIXED INCOME INVESTMENTS
dc.subjectFIXED INVESTMENT
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN CURRENCIES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN GOVERNMENT
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN TRADE
dc.subjectFUND ASSETS
dc.subjectFUTURE PRICES
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL ECONOMY
dc.subjectGOVERNMENT BORROWING
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT BUDGETS
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT FUNDS
dc.subjectGOVERNMENT INVESTMENT
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DEBT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATES
dc.subjectHUMAN CAPITAL
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINDUSTRIAL COUNTRIES
dc.subjectINEFFICIENCY
dc.subjectINFLATION
dc.subjectINTEREST PAYMENTS
dc.subjectINTERNATIONAL BEST PRACTICE
dc.subjectINTERNATIONAL STANDARD
dc.subjectINVESTING
dc.subjectINVESTMENT FLOWS
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT SPENDING
dc.subjectINVESTMENT STRATEGY
dc.subjectIPO
dc.subjectLANDOWNER
dc.subjectLANDOWNERS
dc.subjectLEVEL OF DEBT
dc.subjectLEVEL OF RISK
dc.subjectLEVY
dc.subjectLIQUIDITY
dc.subjectLIVING STANDARDS
dc.subjectLOCAL CURRENCIES
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOW-INCOME COUNTRY
dc.subjectMACROECONOMIC ADJUSTMENT
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC MISMANAGEMENT
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectMONEY MARKET
dc.subjectMONEY MARKET INSTRUMENTS
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectOIL PRICES
dc.subjectOIL RESERVES
dc.subjectOIL RESOURCES
dc.subjectOUTPUT
dc.subjectPENSION
dc.subjectPENSION FUND
dc.subjectPER CAPITA INCOME
dc.subjectPERMANENT INCOME
dc.subjectPERSONAL INCOME
dc.subjectPOLICY RESPONSE
dc.subjectPOPULATION AGEING
dc.subjectPORTFOLIO
dc.subjectPREPAYMENTS
dc.subjectPRICE INCREASES
dc.subjectPRICE LEVELS
dc.subjectPRICE VOLATILITY
dc.subjectPRIVATE INVESTMENT
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SECTOR DEBT
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectRESERVE
dc.subjectRESERVE FUND
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectSAVINGS
dc.subjectSECURITIES
dc.subjectSHORT-TERM INTEREST RATE
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOVEREIGN BONDS
dc.subjectSTATE ENTERPRISE
dc.subjectSUSTAINABILITY ANALYSIS
dc.subjectSWAP
dc.subjectTAX
dc.subjectTAX CREDITS
dc.subjectTAX REVENUES
dc.subjectTAXATION
dc.subjectTOTAL COSTS
dc.subjectTRADE BALANCE
dc.subjectTRADING
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENCY INITIATIVE
dc.subjectTRANSPARENT INVESTMENT
dc.subjectTREASURY
dc.subjectTREASURY SECURITIES
dc.subjectTREATY
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectTRUSTEES
dc.subjectVALUE ADDED
dc.subjectWEALTH
dc.subjectWITHDRAWAL
dc.titleManaging Resource-Induced Volatility in Papua New Guineaen
dc.title.subtitleSome Issues for Discussionen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleManaging Resource-Induced Volatility in Papua New Guinea
okr.date.disclosure2012-05-18
okr.date.doiregistration2025-05-07T12:31:32.394585Z
okr.doctypeEconomic & Sector Work::General Economy, Macroeconomics and Growth Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/385931468081534980/Papua-New-Guinea-Managing-Resource-Induced-Volatility
okr.guid385931468081534980
okr.identifier.externaldocumentum000426104_20120518160714
okr.identifier.internaldocumentum16275263
okr.identifier.report68698
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/385931468081534980/pdf/686980ESW0P10200Izvorski0March02010.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryPapua New Guinea
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.unitKnowledge and Information Servs. (IMTKI)
relation.isAuthorOfPublication1c6a6184-37da-4d0b-a30a-a4779e7c6fea
relation.isAuthorOfPublication.latestForDiscovery1c6a6184-37da-4d0b-a30a-a4779e7c6fea
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