Economic Challenges for East Timor

Mats Lundahl () and Fredrik Sjöholm
Additional contact information
Mats Lundahl: Stockholm School of Economics

No 2020:14, Working Papers from Lund University, Department of Economics

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.

Keywords: East Timor; Development; Oil; Agriculture; Industr (search for similar items in EconPapers)
JEL-codes: O13 O14 O53 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2020-08-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://lucris.lub.lu.se/ws/portalfiles/portal/194582565/WP20_14 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:lunewp:2020_014

Access Statistics for this paper

More papers in Working Papers from Lund University, Department of Economics School of Economics and Management, Box 7080, S-22007 Lund, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Iker Arregui Alegria ().