Search Results for "rohan fox exchange rate"

Article

A policy to boost PNG’s rural economy

by Rohan Fox
7 June 2021
...This blog looks at agriculture, and in particular the flows of income that would enter the export sector as revenues based on exchange rate policy. Exchange rate policy impacts people’s...
Article

Foreign exchange rationing in PNG: six years on

by Rohan Fox
16 April 2021
...expect the real exchange rate to change to help the economy to adjust. But as the graph below shows, the real exchange rate is unchanged since 2012. Generally the exchange...
Article

PNG: some reform suggestions

by Stephen Howes
8 August 2019
...export and import competing sectors will struggle to be competitive, and foreign exchange rationing will remain a fact of business life. Figure 1: The real effective exchange rate in Australia...
Article

PNG turns protectionist in its APEC year

by Rohan Fox, Stephen Howes and Maholopa Laveil
13 August 2018
...TRP has been abandoned, businesses will lobby for further tariff increases. On the positive side, the tariff increases are mainly moderate, and may be justified given exchange rate overvaluation. However,...
Article

Foreign exchange restrictions in PNG: costs and remedies

by Rohan Fox, Stephen Howes, Nelson Atip Nema and Marcel Schröder
22 September 2017
...a larger devaluation would bring forward the benefits. It could do this either by floating the exchange rate once again, or by BPNG retaining control of the exchange rate, but...
Article

How much is PNG’s kina overvalued?

by Rohan Fox and Marcel Schröder
24 February 2017
...record in Latin America in the 1970s and 1980s suggests that foreign exchange rationing is an ineffective tool to maintain the exchange rate and international reserves, as black markets will...
Article

PNG real revenue back to 2006 levels

by Rohan Fox and Stephen Howes
22 August 2016
...control of the exchange rate in mid-2014, but that seems to have ended in April, and the exchange rate has been flat since. Given that the real exchange rate is...
Article

PNG GDP could be higher under a more flexible exchange regime

by Rohan Fox
28 July 2016
...exchange rates experience smaller reductions in output and expenditure than countries with inflexible exchange rates when faced with a negative oil price shock. The following graphs demonstrate the key results,...
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