Papua New Guinea: Selected Issues and Statistical Appendix
IMF Staff Country Reports, April 3, 2009
Source details
- Canonical URL
- Papua New Guinea: Selected Issues and Statistical Appendix
Other formats
Bibliographic details
- Published: April 3, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451831771.002
Summary and purpose
- Explores the medium-term determinants of the current account balance in Papua New Guinea.
- Provides an assessment of the exchange rate and background on recent exchange rate developments.
- Uses two dynamic panel regression models to estimate current account and exchange rate determinants across 55 countries.
- Applies the estimation results to Papua New Guinea’s data.
- Presents the exchange rate assessment for the kina under a baseline scenario and a terms-of-trade-shock scenario.
Methodology
- Empirical approach: two dynamic panel regression models.
- Sample: 55 countries.
- Application: estimation results applied to Papua New Guinea data to assess the kina.
Key themes and topics covered
- Balance of payments
- Banking
- Current account
- Current account balance
- Economic sectors
- Exchange rates
- Financial sector
- Foreign exchange
- Real effective exchange rates
Keywords (as provided)
- asset
- Australia and New Zealand
- bank asset quality
- bank assets
- banking sector assets
- commodity
- CR
- Current account
- current account balance
- Current account balance
- exchange rate
- Exchange rates
- Financial sector
- Global
- ISCR
- Real effective exchange rates
- superannuation fund assets