East Timor : Policy Challenges for a New Nation

East Timor : Policy Challenges for a New Nation

The main challenge facing East Timor, is how to reconcile a simultaneous existence of acute poverty and severe shortage of human management skills, with solid prospects of future flows from the country's natural resource wealth. Policies to me...

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Bibliographic Details
Main Author:	World Bank
Format:	Pre-2003 Economic or Sector Report
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ADB AGED AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURE AUDITING BANKRUPTCY BUSINESS CYCLES BUSINESS ENVIRONMENT CAPITAL BASE CIVIL SERVICE CLIMATE COMMUNITY LEVEL COMPETITIVENESS CONCESSIONAL LENDING CONSUMERS CONSUMPTION POVERTY COUNTRY COMPARISONS CROWDING OUT DEBT DEFICIT FINANCING DEPOSITS DEVELOPING COUNTRIES DEVELOPMENT STRATEGY DONOR ASSISTANCE DONOR COMMUNITY DUAL ECONOMY ECONOMIC CONDITIONS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC MANAGEMENT ECONOMIC MEMORANDUM EFFECTIVE GOVERNANCE EMPLOYMENT EXCHANGE RATE EXPENDITURES EXPLOITATION FAMILIES FISCAL POLICY FISCAL YEAR FISHERIES FOOD CONSUMPTION FOOD INSECURITY FOOD PRODUCTION FOOD SECURITY FOREIGN BANKS FOREIGN EXCHANGE FORESTRY GDP GOVERNANCE STRUCTURE GROSS DOMESTIC PRODUCT HEALTH CARE HEALTH OUTCOMES HEALTH PLANS HEALTH POLICY HEALTH PROBLEMS HEALTH SERVICES HEALTH STATUS HOUSEHOLD SURVEY HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT ILLITERACY IMMUNIZATION IMPORT TARIFFS IMPORTS INCOME INTERNATIONAL COMPARISONS ISOLATION LABOR MARKET LEGAL FRAMEWORK LEGISLATION LIFE EXPECTANCY LIVING STANDARD LONG TERM MALARIA MANAGERS MARKET PRICES MARKETING MICROFINANCE MIGRATION MINIMUM WAGES MONETARY POLICY MORTALITY NATURAL RESOURCES OIL OPERATING COSTS OPPORTUNITY COST OVERALL EXPENDITURE POLICY FRAMEWORK POLICY RESPONSE POOR COUNTRIES POTENTIAL INVESTORS POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRIMARY EDUCATION PRIMARY SCHOOL PRIVATE SECTOR PRODUCERS PRODUCTIVITY PUBLIC DEBATE PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC HEALTH PUBLIC RESOURCES PUBLIC SECTOR PURCHASING POWER REAL GDP REDUCING POVERTY REFUGEES REGULATORY FRAMEWORK REGULATORY SYSTEM RESOURCE CONSTRAINTS RURAL AREAS RURAL ECONOMY SAVINGS SERVICE DELIVERY SHORT TERM SOCIAL COSTS SOCIAL INDICATORS SUSTAINABLE USE TASK TEAM LEADER TAX ADMINISTRATION TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TERTIARY EDUCATION TIME FRAME TRANSPORT URBAN AREAS URBAN SERVICES VALUE ADDED VIOLENCE WAGES WASTE WATER METERS WEALTH WEALTH CREATION COUNTRY ECONOMIC WORK ABSOLUTE POVERTY RURAL POVERTY HUMAN RESOURCES POLICIES HUMAN RESOURCES STRATEGY CAPACITY BUILDING NATURAL RESOURCE MANAGEMENT TRANSITIONAL ASSISTANCE PRIVATE INVESTMENTS INVESTOR CONFIDENCE ADMINISTRATIVE CONSTRAINTS CIVIL STRIFE ASSISTANCE GOVERNANCE CAPACITY EDUCATION & ECONOMIC DEVELOPMENT ACCESS TO EDUCATION QUALITY OF EDUCATION ECONOMIC GROWTH FARM INCOME AGRICULTURAL PRODUCTIVITY HEALTH CARE DELIVERY OIL & GAS RESERVES PRUDENTIAL REGULATIONS TAX POLICY ADMINISTRATIVE CAPABILITY MONITORING CRITERIA PERFORMANCE INDICATORS PUBLIC SERVICE DELIVERY COST-EFFECTIVENESS
Online Access:	http://documents.worldbank.org/curated/en/2002/03/1756374/east-timor-policy-challenges-new-nation-country-economic-memorandum http://hdl.handle.net/10986/15426

Description
Summary:	The main challenge facing East Timor, is how to reconcile a simultaneous existence of acute poverty and severe shortage of human management skills, with solid prospects of future flows from the country's natural resource wealth. Policies to meet these two priorities - sustained poverty and sound management of natural resources - are the focus of this report. It looks at the pressing concerns of managing the economic transition from the United Nationals Transitional Administration in East Timor (UNTAET) within the next two years; at the issue of wealth creation and the need to enhance the private investment climate; at the need to devise a framework for saving the oil and gas revenues; at the importance of raising human development standards; at the limited number of qualified personnel able to formulate high priority development objectives, compounded by the need to build effective governance; and, at the overwhelming incidence of poverty in rural areas, and the strong correlation between consumption poverty, and low levels of education. In setting a strategy for growth and poverty reduction, the report highlights the importance of maintaining the prevailing efforts at raising farm incomes, and productivity, while improving the quality of rural education, and health facilities, including a tax policy vision that can play a role to avoid exacerbating urban bias. On improving the business environment, there is need for capacity building, and micro-finance programs, but within an adequate legal framework, and prudential regulations. The administrative priorities would require enhanced citizen monitoring on government performance, with an input in public services to improve transparency - which would emerge from an assessment of cost, effectiveness, and capacity.

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