Some short terms trends……..
THE GOVERNEMENT CASH COW The Papua New Guinea government is viewed as a cash cow for ambitious and corrupt groups of individuals both within and outside of the government bodies. Due to the lack of controls and punishments for corruption, this siphoning of public monies is more pervasive and will continue on for some time. Parliament cannot mange this because the key players are complicit in the rorts. Implication Most of the development funds etc will not get to the projects for which they are intended for. The national development indicators will not increase. If this continues for 10-20 years, there will be a strong resentment towards the government felt by the rural people. It is possible that their may be revolts and calls for autonomy. CLOSE TIES BETWEEN BUSINESS & POLITICS. The close ties between business and the kickbacks to politics will affect the free market performance and PNG will loose out on the efficiencies that come from a robust free market – where there is an eve