25 research outputs found

    Linking growth and poverty reduction in Papua New Guinea

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    This paper examines the relationship between economic growth and poverty in Papua New Guinea. Using a new analytical framework, it explains why the \u27poverty dividend\u27 from growth is often small and what can be done to increase it. These questions have special resonance today. The PNG economy has succeeded in unlocking growth in recent years, delivering the longest uninterrupted spell of economic expansion since independence. Further growth, at a much higher rate, may now be around the corner with the highly anticipated LNG project. Yet despite this good news, the country faces formidable development challenges and remains off track to meet any of the Millennium Development Goals
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