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Papua New Guinea: Selected Issues and Statistical Appendix (Electronic book text)
Papua New Guinea: Selected Issues and Statistical Appendix (Electronic book text): International Monetary International...

Papua New Guinea: Selected Issues and Statistical Appendix (Electronic book text)

International Monetary International Monetary Fund

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1. Despite rapid growth in the last few years, Papua New Guinea's financial system is likely to remain relatively immune from the turmoil in global financial markets. Since 2000, a favorable external environment and the introduction of financial sector reforms provided a strong foundation for financial sector expansion. This chapter examines the potential vulnerabilities in Papua New Guinea's expanded financial sector given the current state of global capital markets. In particular, it focuses on liquidity and asset quality, the areas that have proven to be most vulnerable in other financial systems, and concludes that Papua New Guinea's financial system is relatively well positioned to ride out the current storm.

General

Imprint: International Monetary Fund
Country of origin: United States
Release date: 2009
Authors: International Monetary International Monetary Fund
Format: Electronic book text
Pages: 43
ISBN-13: 978-1-280-88764-2
Categories: Books
LSN: 1-280-88764-8
Barcode: 9781280887642

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