High commodity prices and the removal of COVID-19 restrictions spurred economic recovery in 2022. The government continued with fiscal consolidation to safeguard macroeconomic stability. Higher commodity...
The special focus for this issue is on long-term growth, emphasizing the challenges Papua New Guinea (PNG) is facing. It identifies the underlying challenges of low and volatile growth in the country and...
This report provides a selected analysis of Vanuatu’s economy and public finances, emphasizing the lens of disaster resilience. It draws upon the analysis and tools from two core World Bank diagnostic...
Reflecting a strong global economic rebound, Papua New Guinea (PNG) reversed its downward economic growth trajectory in 2021. The World Bank estimates that the PNG economy contracted by 3.5 percent in...
Archipelagic Economies is a pathbreaking investigation into challenges that Pacific nations face. The region is truly unique – not only from a historical and heritage perspective that includes local cultures...
Papua New Guinea (PNG), the Pacific region's largest economy, is rich in natural resources but performs poor when it comes to social sector outcome. Although PNG is classified as a lower-middle-income...
This study explores the far-reaching economic consequences of the archipelagic geography of most Pacific Island countries (PICs). The dispersion of populations across thousands of miles of ocean and hundreds...
This study explores the far-reaching economic consequences of the archipelagic geography of most Pacific Island countries (PICs). The dispersion of populations across thousands of miles of ocean and hundreds...
This study explores the far-reaching economic consequences of the archipelagic geography of most Pacific Island countries (PICs). The dispersion of populations across thousands of miles of ocean and hundreds...
This study explores the far-reaching economic consequences of the archipelagic geography of most Pacific Island countries (PICs). The dispersion of populations across thousands of miles of ocean and hundreds...
This study explores the far-reaching economic consequences of the archipelagic geography of most Pacific Island countries (PICs). The dispersion of populations across thousands of miles of ocean and hundreds...