Finding Balance 2011: Benchmarking the Performance of State-Owned Enterprises in Fiji, Marshall Islands, Samoa, Solomon Islands, and Tonga Volume II: Comparative Review of the Legal, Governance and Monitoring Frameworks
Asian Development Bank | June 2011
Abstract
This report examines the legal, governance and monitoring frameworks supporting the stateowned enterprise (SOE) sectors in Fiji, Republic of the Marshall Islands, Samoa, Solomon Islands and Tonga. The frameworks guide the operations of the SOEs and enable their shareholders to monitor performance. The comparative analysis reveals that robust SOE frameworks, while being important in ensuring strong SOE performance, are only fully effective when there is political commitment to ensure that they are fully implemented.
Where the frameworks are incomplete or inadequately implemented, SOE performance suffers. This is illustrated in the case of these five Pacific island countries, as well as in many other countries around the world.
Citation
Asian Development Bank. 2011. Finding Balance 2011: Benchmarking the Performance of State-Owned Enterprises in Fiji, Marshall Islands, Samoa, Solomon Islands, and Tonga Volume II: Comparative Review of the Legal, Governance and Monitoring Frameworks. © Asian Development Bank. http://hdl.handle.net/11540/4849. License: CC BY 3.0 IGO.Keywords
Development
Private Sector
Private Sector Development
Development Challenges
Development Financing
Infrastructure Development
Private Sector Investments
Development projects
Infrastructure projects
Transport projects
Private enterprises
Innovations
Infrastructure
Capital
Partnership
Limited partnership
Political participation
Economic development projects
Economic forecasting
Show allCollapse
Citable URI
http://hdl.handle.net/11540/4849Metadata
Show full item recordUsers also downloaded
-
Asian Development Bank Sustainability Report 2015: Investing for an Asia and the Pacific Free of Poverty
Asian Development Bank (Asian Development Bank, 2015-12-18)The Asian Development Bank (ADB) has issued its Sustainability Report every 2 years since 2007. For 2015, the Sustainability Report highlights the sustainability of ADB’s investments and organizational activities during 2013– 2014. A separate detailed Global Reporting Initiative (GRI) index contains the responses of ADB to standard and specific material disclosures in the GRI’s G4 Sustainability ...The Asian Development Bank (ADB) has issued its Sustainability Report every 2 years since 2007. For 2015, the Sustainability Report highlights the sustainability of ADB’s investments and organizational activities during 2013– 2014. A separate detailed ... -
Policy Brief: A Safe Public Transportation Environment for Women and Girls
Asian Development Bank (Asian Development Bank, 2015-12-18)It is only by specifically considering the needs and concerns of women and girls that we design infrastructure and services that are truly inclusive. This three-country study analyzes the incidence and impacts of sexual harassment on public transport. It proposes simple design changes and policy considerations which when implemented, can change the behavior of targets, perpetrators and bystanders, ...It is only by specifically considering the needs and concerns of women and girls that we design infrastructure and services that are truly inclusive. This three-country study analyzes the incidence and impacts of sexual harassment on public transport. ... -
Public–Private Partnerships in Information and Communication Technology for Education
Sarvi, Jouko E.; Balaji, Venkataraman; Pillay, Hitendra (Asian Development Bank, 2015-11-27)Innovations in ICT are recognized as an important option for increasing access to education and for providing high-quality learning materials and experiences. PPPs offer options for appropriate partnerships—bringing together governments, development partners, civil society, and the private business sector to increase the use of ICT in education.Innovations in ICT are recognized as an important option for increasing access to education and for providing high-quality learning materials and experiences. PPPs offer options for appropriate partnerships—bringing together governments, development ...
Related items
-
Finding Balance 2011: Benchmarking the Performance of State-Owned Enterprises in Fiji, Marshall Islands, Samoa, Solomon Islands, and Tonga (Vol 1)
Asian Development Bank (Asian Development Bank, 2011-03-01)The purpose of this study is to review the progress of SOE reform in Fiji, the Marshall Islands, Samoa, Solomon Islands, and Tonga, to demonstrate the benefits of reform, and to identify successful reform strategies to inform future policy action. This study looks at the process of reform in the five countries, identifies what has or has not worked well, and highlights the key elements of successful ...The purpose of this study is to review the progress of SOE reform in Fiji, the Marshall Islands, Samoa, Solomon Islands, and Tonga, to demonstrate the benefits of reform, and to identify successful reform strategies to inform future policy action. This ... -
Diagnostic study of accounting and auditing practices in selected developing member countries: Azerbaijan, Fiji Islands, Republic of the Marshall Islands, Philippines, Sri Lanka
Asian Development Bank (Asian Development Bank, 2002-06-30)The 1997-98 Asian financial crisis exposed structural weaknesses in the banking and corporate sectors of affected countries owing largely to poor governance, a lack of transparency, and weak supervision and regulation.5 ADB has been taking initiatives to assist its DMCs to overcome these structural problems. The focus on improved governance includes enhancing the effectiveness of public administration ...The 1997-98 Asian financial crisis exposed structural weaknesses in the banking and corporate sectors of affected countries owing largely to poor governance, a lack of transparency, and weak supervision and regulation.5 ADB has been taking initiatives ... -
Anatomy of South–South FTAs in Asia: Comparisons with Africa, Latin America, and the Pacific Islands
Hamanaka, Shintaro (Asian Development Bank, 2012-09-01)In understanding the proliferation of free trade agreements (FTAs) in Asia since 2000, it is important to distinguish between two types of FTAs in terms of a legal basis on either General Agreement on Tariffs and Trade (GATT) Article XXIV or the Enabling Clause. The latter provision can be used when an FTA involves only developing countries. While there are a total of 34 Enabling Clause-based FTAs ...In understanding the proliferation of free trade agreements (FTAs) in Asia since 2000, it is important to distinguish between two types of FTAs in terms of a legal basis on either General Agreement on Tariffs and Trade (GATT) Article XXIV or the Enabling ...