East Timor: Development Challenges for the World's Newest Nation

Front Cover
Hal Hill, Joao M Saldanha
Institute of Southeast Asian Studies, 2001 - Business & Economics - 381 pages
The challenges facing an independent East Timor are particularly acute. It is not only one of the poorest nations on earth but the terrible events of 1999 have also destroyed much of the countrys buildings and infrastructure, as well as the nations bureaucratic and commercial capacity. The decisions and the policy framework adopted in the early years by the leaders of this new nation will be critical.This book is an original work written by experts and well-known specialists in the field. It assembles all the latest information about the economy, assesses future policy options, and draws on lessons of international experience for this new nation. It is perhaps the only book about East Timor with this coverage and will be invaluable to those who are interested in developments in the region.
 

Contents

Preface by Asian Development Bank
xxv
1
7
Currency and Monetary Arrangements for East Timor
39
Strategic Options for Fiscal Policy
52
3
55
International Economic Relations
71
East Timors Economic Relations with Indonesia
84
Agriculture and the Rural Economy
99
Banking and Finance
209
Transport and Power
222
Social Policy
241
Education and Health
256
Lessons from International Experience
275
Lessons for East Timor
288
Lessons for Development from Pacific Island Countries
306
Some Issues for the
321

The Rural Economy and Institutions in East Timor
110
Coffee and the Economy in East Timor
125
Agriculture Comparative
140
Institutions
177
Future Political Structures and Institutions in East Timor
193
What East Timor Can Learn from
336
References
351
Author Index
369
226
376
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About the author (2001)

• Hal Hill is Professor of Economics and Head of the Southeast Asia Economy Program in the Research School of Pacific and Asian Studies and the Asia-Pacific School of Economics and Management,  Australian National University.

• João M Saldanha is with the East Timor Study Group, Dili, and the University of California, San Diego. 

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