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External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea

External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea »

Source: External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea

Volume/Issue: 2017/267

Series: IMF Working Papers

Author(s): Ryota Nakatani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2017

ISBN: 9781484325063

Keywords: Foreign exchange, Asia and Pacific, Papua New Guinea, Balance of payments, Agricultural exports, Commodity Exporters, Elasticities, Foreign Reserve, Invervention, Cointegration

How should resource-rich economies handle the balance of payments adjustment required after commodity price declines? This paper addresses the question theoretically by developing a simple two-period multi-sector m...

External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea

External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea »

Volume/Issue: 2017/267

Series: IMF Working Papers

Author(s): Ryota Nakatani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2017

DOI: http://dx.doi.org/10.5089/9781484325063.001

ISBN: 9781484325063

Keywords: Foreign exchange, Asia and Pacific, Papua New Guinea, Balance of payments, Agricultural exports, Commodity Exporters, Elasticities, Foreign Reserve, Invervention, Cointegration

How should resource-rich economies handle the balance of payments adjustment required after commodity price declines? This paper addresses the question theoretically by developing a simple two-period multi-sector m...