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A macro-appraisal of the kina float

CollectionsPacific Economic Bulletin (1991-2010)
Title: A macro-appraisal of the kina float
Author(s): Mawuli, Agogo
Publisher: Crawford School of Public Policy, The Australian National University
Asia Pacific Press
Description: 
The appraisal of Papua New Guinea?s floating of its currency focuses on the appropriateness of the policy and the currency?s interactions with, and impact on, key macroeconomic variables, the balance-of-payments and broad-based economic growth. Considering the erratic macroeconomic environment, including bad fiscal policymaking, unsteady exchange rate market conditions, unstable parliamentary democracy, and poor governance, it is judged that the kina-float regime has performed fairly well.
URI: http://hdl.handle.net/1885/157767
ISSN: 1834-9455 (online)
0817-8038 (print)

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