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Challenge
Partially in response to anti-globalisation
issues, our clients, the national government
of Papua New Guinea and the World Bank, are
considering options for a new national strategic
policy for the extractive sector. One of the
pillars of the new policy will be new institutional
vehicles for re-distributing revenue to achieve
sustainable development in the country. Both
the governance and the specific initiatives
of the new institution must be equitable across
the population of Papua New Guinea.
Approach
• We interviewed leaders in industry,
government, academia and NGOs to understand
the lessons learned and emerging best practice
around the world.
• We drew on our previous experience
of revenue management structures in Chad/Cameroon,
Mexico, and Oman.
• Synergy authored a policy paper that
for the first time integrated international
best practice with a set of criteria to (a)
tailor mechanisms to national contexts and
(b) ensure that citizens are included equitably
in the governance and financing.
• We presented our findings to the government
of Papua New Guinea.
• We will publish our conclusions in
a leading journal.
Value
• We produced a critical assessment
that incorporates input from business, government,
academia and society.
• The analysis contains context-specific
recommendations tailored to the realities
of Papua New Guinea.
• Our final product was a path-breaking
synthesis and advancement of international
best practice with respect to international
investment in the developing world.
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