Papua New Guinea : Selected Issues and Statistical Appendix

1PNGEA2009002 Image
Price:  $18.00

Release Date: © April, 2009
ISBN : 978-1-45183-177-1
Stock #: 1PNGEA2009002
English
Stock Status: On back-order

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Description

This Selected Issues paper explores the medium-term determinants of the current account balance in Papua New Guinea. It provides an assessment of the exchange rate, and presents some background on recent exchange rate developments. It uses two dynamic panel regression models to estimate the current account and exchange rate determinants across 55 countries. The paper applies the estimation results to Papua New Guinea’s data and presents the exchange rate assessment for the kina under a baseline scenario and a terms-of-trade-shock scenario.

Taxonomy

Balance of payments , Balance of trade , Commodities , Current account , Economic sectors , International trade , Mining sector




More publications in this series: IMF Staff Country Reports