2014 National Human Development Report
From Wealth to Wellbeing: Translating Resource Revenue into Sustainable Human Development
Papua New Guinea (PNG) stands at a critical moment in its development. With Gross Domestic Product (GDP) growth of over 20 per cent expected for 2015, following the start of production from the massive PNG Liquified Natural Gas (LNG) project, the country has a unique opportunity to leverage significant sustainable and equitable improvements in levels of health, education, income and other elements of inclusive human development. At the same time, the country also faces considerable risks. If poor choices are made, the impact of the high growth rates will be limited, even detrimental to the development prospects of Papua New Guineans and the nation and the lives of people living in poverty. This report aims to provide information and national as well as international case study experiences to assist decision-making in the country.
The report has four purposes: (1) Review the extent to which Papua New Guinea’s revenues from extractive industries have led to practical humandevelopmentoutcomes; (2)Reveallessonsfromothercountries that can be useful for Papua New Guinea; (3) Highlight some specific innovations from Papua New Guinea’s experience that can contribute to development in other countries; and (4) Stimulate, inform and shift the debate in the country to enable leaders to make appropriate choices for the wellbeing of citizens.