Transforming Tonga: A Private Sector Assessment

Date: December 2008
Type: Country Planning Documents
Country:
Tonga
Subject:
ADB administration and governance; Private sector
Series: Country Private Sector Assessments
ISBN: 978-971-561-722-2 (print)

Description

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