PNG has two distinct economies: i) a modem, cash economy dominated by mining, timber, gas and oil. and agricultural expoits (coffee, cocoa, tea. oil palm and copra): and ii) the traditional subsistence economy and semi-subsistence fanning, with most villages producing little or no surplus for trading. Economic growth has varied considerably but averaged less than 3% annually in real terms since independence in 1975. with per capita income less in 2002 than at Independence. The government expects real growth to average 2.1% from 2003-2008. a continued decline in real GDP per capita: Current development plans aim at public debt reduction, reduced budget deficits, and more stringent cost controls.
Available online|This report is based on data gathered by a PIREP team consisting of Gwendoline Sissiou, John Wilmot, John Vos and Peter Johnston
Call Number: 333.79415953 JOH (EL)
ISBN/ISSN: 982-04-0296-4
Physical Description: xvi, 94 p. ; figs., 29 cm
Data and Resource
Field | Value |
---|---|
Publisher | Secretariat of the Pacific Regional Environment Programme (SPREP), Pacific Islands Renewable Energy Project (PIREP) |
Modified | 20 September 2022 |
Release Date | 19 August 2021 |
Source URL | https://library.sprep.org/content/pirep-pacific-regional-energy-assessment-2004… |
Identifier | VL-28537 |
Spatial / Geographical Coverage Location | SPREP LIBRARY |
Relevant Countries | |
License |
Public
|
Author | Johnston, Peter |
Contact Name | SPREP Records and Archives Officer |
Contact Email | [email protected] |