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State-owned enterprises (SOEs) continue to constrain Pacific economies. They absorb scarce capital, suffer low productivity, and often provide high cost and low quality services. SOE reform is vital to create private investment opportunities, reduce the costs of doing business, and improve...
Persistent link: https://www.econbiz.de/10011165198
This analysis is a follow-up to Transforming Tonga: A Private Sector Assessment. It assesses until early 2012 in reducing transaction costs and other barriers to growth identified in the 2008 private sector assessment. It concludes that Tonga has been one of the leading reformers in the Pacific...
Persistent link: https://www.econbiz.de/10010798479
State-owned enterprises (SOEs) play a significant role in the economy of Papua New Guinea (PNG), as they do in other Pacific countries. They provide a range of essential services, most notably power, water, telecommunications, and transport that are vital to commerce and to the livelihoods of...
Persistent link: https://www.econbiz.de/10010762585