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Public investment policy in Papua New Guinea

dc.contributor.authorGumoi, Modowa
dc.contributor.authorHunt, Colin
dc.contributor.authorMawuli, Agogo
dc.contributor.authorSanida, Ogis
dc.contributor.authorYala, Charles
dc.identifier.issn1834-9455 (online)
dc.identifier.issn0817-8038 (print)
dc.description.abstractWhile a sectoral approach to education, health, communications, and law and order is now being followed, the implementation of public investment policy, two-thirds funded by donors, is well below par. This article reviews policy, its focus, and the structures in place to implement it and highlights some failures. A back-to-basics strategy, in terms of macroeconomic management, should be the basis for more effective public investment, but this needs to be accompanied by improved processes. Moreover, the donors need to examine whether there is sufficient absorptive capacity to accommodate their large aid agendas.
dc.format.extent1 vol.
dc.publisherCrawford School of Public Policy, The Australian National University
dc.publisherAsia Pacific Press
dc.rightsAuthor/s retain copyright
dc.sourcePacific Economic Bulletin, Vol. 14 , No. 2, 1999
dc.titlePublic investment policy in Papua New Guinea
dc.typeJournal article
local.type.statusPublished Version
local.bibliographicCitation.placeofpublicationCanberra, ACT, Australia
CollectionsPacific Economic Bulletin (1991-2010)


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