East Timor: Development Challenges for the World's Newest NationHal Hill, Joao M Saldanha 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
xxv | |
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 |
351 | |
369 | |
376 | |
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Common terms and phrases
activities administration agricultural aid flows Australian dollar Baucau beans Bobonaro budget capacity capital cent of GDP challenge Chapter claims coffee costs country’s crops currency board Dili domestic donors East Nusa Tenggara East Timor economic growth effective efficient ensure estimated example exchange rate expenditure export farmers fiscal foreign funds government’s groups higher important improve income increase Indonesian titles infrastructure institutions investment irrigation issues labour land macroeconomic major Manatuto ment monetary natural resources nomic non-tradables Oecussi operations option Pacific Island Pacific Island countries Papua New Guinea political poor population port Portuguese Portuguese Title potential poverty problems production programs public sector regime region relatively require revenue rice road role rupiah semi-presidential system small countries social strategy Timorese tion trade traditional transport UNTAET urban Viqueque wages West Timor World Bank