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COVID-19 has had a far greater economic impact than health impact on Papua New Guinea (PNG) and the Pacific. There has been extensive commentary about the likely macroeconomic effects of lockdowns and travel bans, but less attention has been given to how damaging the current crisis has been on...
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– A new application with an emphasis on Papua New Guinea
This paper models the inter‐temporal allocation of foreign development aid to Papua New Guinea (PNG). A formal theoretical model of aid allocation is developed, in which aid to any one country is determined jointly with aid to all other recipient countries. This is recognized in the econometric...
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