Papua New Guinea, aid and economic growth

We live in a time where more people have been pulled out of poverty than at any other time in history. This has not been achieved by foreign aid but through free markets and economic growth. Recent commentary has exposed the problems of criticising PNG’s pro-economic growth agenda, and elevating foreign aid as the centrepiece solution to the many domestic hurdles facing our nearest neighbour. These views have emerged out of Australian Senator Fierravanti-Wells’ recent “aid is not charity” comments after PNG’s request for $558 million – our total current aid package to the country – to be paid to […]

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