Black gold or excrement of the devil? The externalities of oil production in Papua New Guinea
|Collections||Pacific Economic Bulletin (1991-2010)|
|Title:||Black gold or excrement of the devil? The externalities of oil production in Papua New Guinea|
|Author(s):||Koyama, Samuel Kriss|
|Publisher:||Crawford School of Public Policy, The Australian National University|
Asia Pacific Press
Southern Highlands Province in Papua New Guinea has received hundreds of millions of kina from oil exports. However, it has failed to translate this windfall into long-term benefits for its people, resulting in the prevalence of 'poverty amidst wealth'. The paper considers this outcome a consequence of poor public policy choices and weak governance, rent seeking, corruption, and lawlessness, and puts forward alternative policies.
|201_black.pdf||81 kB||Adobe PDF|
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