Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/260306 
Year of Publication: 
2020
Series/Report no.: 
Working Paper No. 2020:14
Publisher: 
Lund University, School of Economics and Management, Department of Economics, Lund
Abstract: 
The situation in East Timor is turbulent and future growth prospects are indeterminate. This paper discusses the economic challenges facing East Timor. Most inhabitants depend on subsistence farming and there is a need to both modernize agriculture and to foster a modern sector that can generate employment for the growing population. Public expenditures play an important role in this development and East Timor is fortunate to have a large petroleum fund to utilize for economic growth and development. Unfortunately, the fund is about to dry up. There are also clear signs that a large part of investments and development efforts are misplaced. Political conflicts and weak institutions are explaining some of the failures to generate a more growth enhancing economic environment.
Subjects: 
East Timor
Development
Oil
Agriculture
Industr
JEL: 
O13
O14
O53
Document Type: 
Working Paper

Files in This Item:
File
Size
651.59 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.