Transforming Tonga: A Private Sector Assessment

Institutional Document | December 2008

This private sector assessment provides a framework for private sector-oriented reform that will help improve the Tongan business environment, making it a more attractive and profitable place to invest in, and allowing it to create jobs and bring prosperity throughout the nation.

The current momentum and appetite for change bring the opportunity for Tonga to become one of the more advanced reformers among Pacific Island countries. This private sector assessment provides a framework for private sector-oriented reform that will help improve the Tongan business environment, making it a more attractive and profitable place to invest in, and allowing it to create jobs and bring prosperity throughout the nation.

Contents 

  • Summary
  • The Tongan Economy is Not Achieving Its Potential
  • Recovering from Two Shocks to the Economy
  • Reducing the Presence of the State in the Economy
  • Improving the Infrastructure
  • Rationalizing Commercial Laws and Regulations
  • Increating Access to Finance
  • Land and Private Sector Development
  • Making Agriculture a Growth Sector
  • Implementing Reform in Tonga