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Black gold or excrement of the devil? The externalities of oil production in Papua New Guinea

CollectionsPacific 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
Description: 
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.
URI: http://hdl.handle.net/1885/157765
ISSN: 1834-9455 (online)
0817-8038 (print)

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