Unit labour costs in manufacturing in Fiji and Papua New Guinea
|Collections||Pacific Economic Bulletin (1991-2010)|
|Title:||Unit labour costs in manufacturing in Fiji and Papua New Guinea|
|Publisher:||Crawford School of Public Policy, The Australian National University|
Asia Pacific Press
Unit labour costs in manufacturing in Papua New Guinea are compared with estimates for Indonesia, Malaysia and the Philippines?countries which are likely competitors for invest-ment funds. Assessed in these terms, manufacturing activities in Fiji and Papua New Guinea are uncompetitive for export-based investment. Of most concern is the relatively poor labour productivity performance which is most likely associated with their inward-looking industrial policies. Hopefully, the more outward-oriented investment, trade and financial policies being adopted will lead to improved productivity and ultimately wage growth.
|112_unit.pdf||62.7 kB||Adobe PDF|
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