Author Archives: Aaron Batten and Christopher Edmonds

Managing fiscal risks amid resource booms: lessons from Papua New Guinea and Timor-Leste

The two largest developing member countries in the Asian Development Bank’s (ADB’s) Pacific region – Papua New Guinea (PNG) and Timor-Leste – also continue to be the region’s fastest growing economies. PNG has now recorded 11 consecutive years of economic growth averaging around 6% per annum, while Timor-Leste has been growing at around double digit rates since 2007. A major driver of the rapid growth in both countries has been […] Continue reading

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