Business Law Reform
The Pacific Private Sector Development Initiative is working with Pacific governments to create simplified, modern, and locally-tailored business laws.
For developing countries, a dynamic private sector can lead to higher employment and incomes, reduced poverty, and increased prosperity. But in many Pacific island countries, confusing and outdated laws make it difficult for businesses to start, trade, and grow.
This booklet is part of a series of three-page infographic brochures that provide an overview of the context, aims, and achievements of the Pacific Private Sector Development Initiative (PSDI). One brochure profiles PSDI overall, while the others explain the support PSDI provides under four of its focus areas: business law reform, economic empowerment of women, financing growth, and state-owned enterprise reform.
PSDI is a regional technical assistance facility cofinanced by ADB, the Government of Australia and the Government of New Zealand. Since 2007, PSDI has been helping ADB’s 14 Pacific developing member countries achieve sustainable economic growth through business environment reform.