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Papua New Guinea’s economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium...
Persistent link: https://www.econbiz.de/10010760357
appears to be the erosion of the Ghent system, due to the emergence of an independent UI fund that provides unemployment …
Persistent link: https://www.econbiz.de/10005125705
Australian manufacturing is a picture of diversity and contrasts. This is the main finding of this paper which examines trends in the Australian manufacturing sector over the last two decades. Manufacturing output has quadrupled since the mid-1950s. The fastest growing activities have been those...
Persistent link: https://www.econbiz.de/10005407814
If distortions in the labour market lead to inefficiently high unemployment, and policy makers cannot enter into a … may exist in public unemployment insurance policy. I study a model in which trade unions, who set wages, interact with a … policy maker, who decides on the level of unemployment benefits and taxes. The policy maker is assumed to have the same …
Persistent link: https://www.econbiz.de/10005412499
This paper investigates the effects of cooperation (corporatism) on macroeconomic performance by considering a rather standard policy game between the government and a monopoly union. We stress the shortcomings of the traditional way used to model cooperation in policy games (the maximization of...
Persistent link: https://www.econbiz.de/10005412619
theory that predicts unions to increase wages and reduce labour demand, leading to higher unemployment, but they also …
Persistent link: https://www.econbiz.de/10005062497
In this paper we consider a standard policy game between the Government and a union. In such a framework, we first investigate the effects of corporatism on macroeconomic performance vis-à-vis different kinds of non-co-operative equilibria. Afterwards, we introduce in the literature the issue...
Persistent link: https://www.econbiz.de/10005076716
This report summarizes key results from a 2012 survey of businesses in Papua New Guinea. It compares the results with the 2002 and 2007 surveys and shows that, while the business environment has improved since 2002, doing business in Papua New Guinea remains extremely challenging. Continued...
Persistent link: https://www.econbiz.de/10010933965
This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries using data for more than 20 countries in the region for 1988-2007. The results indicate that remittances positively affect home country real gross domestic product (GDP) per...
Persistent link: https://www.econbiz.de/10003913752
The Monitor provides an update of developments in Pacific economies and explores topical policy issues.
Persistent link: https://www.econbiz.de/10011165192