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Papua New Guinea (PNG): Economy, Politics and Government

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Abstract:

Papua New Guinea's political history is characterised by instability, corruption and violence. Guerrilla and inter-tribal warfare continues to be waged in this tropical state, where the people are not unified by ideological precepts or organisational structures and are only loosely bound to the idea of belonging to one nation. There has typically been no single dominant party in Papua New Guinea's recent politics, with coalition governments too often revolving around personalities rather than policies. Its sorry economic state is due to years of poor governance, which have prevented the enormous wealth of Papua New Guinea's natural resources from being realised.

World of Information Business Intelligence Reports allow access to concise, clear coverage of current political and economic developments in over 100 countries. Alongside contributions from journalists and regional experts from around the world, they contain a wide variety of sectoral analysis and background information. Each Report contains an introductory overview commissioned from one of World of Information's network of contributors, an extensive list of key facts and features of the country, including macroeconomic indicators and details regarding national population, labour market and public services. The economy section focuses on monetary, fiscal and trade conditions before analysing sectoral, infrastructure and regulatory developments. Natural resources including agriculture and minerals, industry and service sectors are covered. A five-year table of key indicators invaluable for research into economic trends accompanies the report.

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