Analysing the World Bank Report on
Doing Business in PNG
for year
2015-2018
By
Picky Airi
Introduction
According to the PNG Vision 2050 mission statement, we should be ranked in the top 50 in the United Nations Human Development Index (HDI) by 2050 and one way the country envisions to get there is through advancements in economic growth. Presently according to the 2016 HDI report produced by the United Nations Development Program (UNDP) the current ranking places PNG in 154th place out of 185 countries. A ranking which is categorized under the ‘Low Human Development’ group. (Human Development for Everyone. Briefing note for countries on the 2016 Human Development Report. 2016. pg.7). Although the HDI measures average achievements in three basic dimensions of human development different from business, the report also acknowledges the role businesses play in empowering and improving these areas of human development within a country (UNDP, 2016). Particularly advocating for women in business and social and local entrepreneurship for young people.
