Welcome to PNG Economics. This website is under construction. New material will be added regularly.
PNG Economics provides timely, accurate, frank and fearless analysis of PNG’s economy and business environment. Such analysis helps answer vital questions facing businesses such as: “What are PNG’s economic opportunities and risks?”; “What strategies are appropriate for PNG’s changing times?” and “Would your business have benefitted from early warnings about exchange rate shortages or a government cash crisis?”. Those businesses which listened to earlier analysis stood to gain a competitive advantage and protect their shareholders and customers. The analysis by the firm’s principal, Paul Flanagan, has been attacked by government, but it has proven to be prescient and accurate. PNG Economics operates this free public website which provides regular high level analysis and general information on PNG’s economy (www.pngeconomics.org). More in-depth analysis, including research for specific firms, is available on a paid basis. The firm also records PNG’s economic history – such as 4K future-proof interviews with business leaders.
This early iteration of the website draws on articles published by that excellent source of development information, the DevPolicy Blog. These articles are on occasion (marked in text) with other members of the Development Policy Centre. They include comments when provided on that site. See http://devpolicy.org/author/paul-flanagan/ .
As part of future development, this site will include more information suitable for students of economics in PNG, including links to other websites. It will also include links to press coverage of economic issues in PNG. Material on PNG’s economic history, including interviews with former leaders, will also be added.
PNG Economics is part of a broader company, Indo-Pacific Public Policy and Economics Pty Ltd.
The Director PNG Economics is Paul Flanagan. A CV will be provided on an updated site as well as more contact information. Broadly, Paul has 35 years of public policy experience shared between overseas aid (with AusAID from 1986 and 2002) and Finance/Treasury agencies (1978 to 1980 at the Australian Department of Finance, 1985-86 Australian Treasury, 2002 to 2011 Australian Treasury, Feb 2011 to Aug 2013 PNG Treasury, Sept 13 to June 2014 Australian Treasury). He was a Visiting Fellow at the ANU from August 2014 to December 2015. He is now working on his own consultancy firm.