Black gold or excrement of the devil? The externalities of oil production in Papua New Guinea
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Koyama, Samuel Kriss
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Crawford School of Public Policy, The Australian National University
Asia Pacific Press
Asia Pacific Press
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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.
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Pacific Economic Bulletin, Vol. 20 , No. 1, 2005
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