The Cook Islands
The Cook Islands

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2015-10-01

Total Pages: 251

ISBN-13: 9292571486

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The Cook Islands is among the best performing Pacific island economies, with many structures in place that support private sector investment, including an internationally competitive tax regime, an open trade regime, and good standards of education and health care. Future prospects are positive due to the growing tourism sector, and potential resource revenues from seabed minerals prospecting activities are another favorable development. The Government of the Cook Islands is committed to pursuing sustainable development through private-sector-led growth. Yet, the Cook Islands faces significant challenges in realizing its full potential, including a sluggish business entry process that discourages foreign investment, inadequate infrastructure that threatens to degrade the natural environment, complex land ownership and inadequate land use planning processes, and a weak collateral framework.

Re-invigorating Private Sector Investment
Re-invigorating Private Sector Investment

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2013-06-01

Total Pages: 244

ISBN-13: 9292542613

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This private sector assessment reviews Fiji's private sector environment in 2006-2012, against recommendations made in the Asian Development Bank (ADB) publication "2005 Promise Unfulfilled: Private Sector Assessment for Fiji". While Fiji has made considerable reform progress in a number of areas (including tax reforms, encouraging telecommunications competition, and reducing barriers to foreign investment), it still faces considerable challenges in responding to a range of macroeconomic shocks following the global economic crisis, and political and policy uncertainty at home.

Continuing Reforms to Stimulate Private Sector Investment
Continuing Reforms to Stimulate Private Sector Investment

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-04-01

Total Pages: 117

ISBN-13: 9292573969

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A business environment that supports private sector-led growth is the key to long-term sustainable poverty reduction. This has been recognized by successive Solomon Islands’ governments who have implemented fundamental reforms that have modernized the environment for doing business in the country with some far-reaching reforms. This private sector assessment (PSA) analyzes the reforms to date and suggests further policy actions and priorities in the areas of business law reform, promoting economic opportunities for women, infrastructure, state-owned enterprises, the tax system, and the financial system. The policy recommendations in the PSA provide the basis for discussions between the Government of Solomon Islands, the private sector, and other stakeholders regarding future reform priorities that will contribute to the country’s resources being used most productively. This PSA was produced by the Pacific Private Sector Development Initiative---a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia, and the Government of New Zealand.

Pacific Private Sector Development Initiative
Pacific Private Sector Development Initiative

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-01-01

Total Pages: 180

ISBN-13: 9292573233

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Since 2006, the Pacific Private Sector Development Initiative (PSDI) has worked to alleviate poverty and promote growth in the Pacific region through reforms that encourage private sector investment and entrepreneurship. This report describes developments and progress for PSDI Phase III's second year, and covers the period July 2014 to end-June 2015. PSDI is a regional technical assistance facility cofinanced by the Asian Development Bank, the Government of Australia, and the Government of New Zealand.