State-Owned Enterprises and the Arm's Length Concept: The Case of Government Commercial Companies in Fiji
Desmond Uelese Amosa
Asia Pacific Journal of Public Administration, 2010, vol. 32, issue 1, 89-105
Abstract:
Influenced by the rhetoric of the arm's length concept, Fiji's public enterprise reform of 1993 took off with high hopes of better things to come for the struggling government commercial companies (GCCs) that had been posing a significant burden on the government's limited resources. Unfortunately, the prevailing sense of optimism faded after more than a decade of inconsistent performance by the majority of GCCs. There was an oversight right from the outset. Responsible authorities were easily carried away by the finesse of the concept and were largely ignorant of the realities in Fiji that stifled progress following the 1993 reform..
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rapaxx:v:32:y:2010:i:1:p:89-105
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DOI: 10.1080/23276665.2010.10779368
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