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|c 5.00 USD
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|z 9781451863734
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Faal, Ebrima.
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|a Growth and Productivity in Papua New Guinea /
|c Ebrima Faal.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2006.
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|a 1 online resource (30 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper has examined Papua New Guinea's historical economic growth patterns through a simple growth accounting framework. The analysis shows that swings in growth are mostly accounted for by a significant slowdown in capital input and lower Total Factor Productivity (TFP) growth. It also suggests that raising real GDP growth will require increases in both investment levels and productivity. With a ratio of investment to GDP of 13 percent during the last decade, significantly higher productivity growth and investment will be needed to sustain GDP growth rates at 5 percent or higher. The historical performance also indicates that, in the absence of structural reforms and strong institutions, higher rates of productivity growth will be hard to achieve.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2006/113
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2006/113/001.2006.issue-113-en.xml
|z IMF e-Library
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