World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Finding Balance in Pacific State-owned Enterprise Reform

2 January 2014
Pacific Private Sector Development Initiative

Finding Balance in Pacific State-owned Enterprise Reform
SOE reform is crucial to private sector development.

Over the past decade, the Asian Development Bank has been working with a number of Pacific island countries to reform their state-owned enterprise (SOEs) sectors. Key in driving this agenda has been the publishing of the Finding Balance series: in-depth, country-level situational analysis which seeks to strike a balance between the roles of the public and private sector.

SOEs continue to play a important role in many Pacific island countries. They absorb large amounts of scarce capital, on which they provide very low returns. While some provide essential public services, many others operate as purely commercial ventures and crowd out the private sector.

Many have performed poorly. Reforming the SOE sector is vital for private sector development, as it will create opportunities for private investment, reduce the costs of doing business and improve basic services by introducing private sector discipline and competitive market pressures into the SOE sector.

The Finding Balance series has proved a valuable advocacy tool in driving these reforms. Find out more here:

Knowledge repository:
Finding Balance and other SOE Reform publications and resources
Finding Balance 2009: Making State-Owned Enterprises Work in Fiji, Samoa, and Tonga
Finding Balance 2011: Benchmarking the Performance of State-Owned Enterprises in Fiji, Marshall Islands, Samoa, Solomon Islands, and Tonga
Finding Balance 2012: Benchmarking the Performance of State-Owned Enterprises in Papua New Guinea

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

UNHCR: More Than 300 Die In Boat Tragedies On Mediterranean

The past few days have been the deadliest this year for people making irregular crossings on the Mediterranean from North Africa to Europe More>>

UN: Egyptian Crossing Used To Bring Food Aid To Gaza
United Nations World Food Programme (WFP) successfully crossed from Egypt into the Gaza Strip today, carrying enough food to feed around 150,000 people for five days More>>

ALSO:

Extended Cease Fire: Gaza Celebrates!!!!

Images and video from Gaza.Scoop - Julie Webb Pullman in Gaza. Gazans took to the streets tonight to celebrate their victory in achieving the end of hostilities and the lifting of the illegal seven-year siege. Whatever tomorrow may bring, tonight was a time to rejoice! More>>

ALSO:


Iraq: Killing Of Dozens Of Sunni Worshippers In Eastern Iraq

22 August 2014 – Condemning in the strongest terms the reported attack on a mosque in eastern Iraq, Secretary-General Ban Ki-moon today called on all Iraqi authorities to ensure that the attack is properly investigated and its perpetrators held to account. More>>

ALSO:

  • UN Watch - UN Urgent Session on Iraq, Demands "Concrete Outcomes"
  • UNICEF: Honours Life, Tireless Work Of Richard Attenborough

    Film producer and director Sir Richard Attenborough was introduced as the new Goodwill Ambassador for the UN Children's Fund (UNICEF) on 28 October 1987. UN Photo/Milton Grant More>>

    UN: Flight Restrictions Hamper Ability To Battle Ebola

    UNICEF and partners visit a crowded market in Conakry, Guinea, to explain to vendors how they can protect themselves and their families from Ebola. Photo: UNICEF Guinea More>>

    Get More From Scoop

     
     
     
     
     
    World
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news