Continuing Reform to Promote Growth: Update of the Private Sector Assessment for Tonga

Asian Development Bank (adb)

No RPT124857-2, ADB Reports from Asian Development Bank (ADB)

Abstract: This analysis is a follow-up to Transforming Tonga: A Private Sector Assessment. It assesses until early 2012 in reducing transaction costs and other barriers to growth identified in the 2008 private sector assessment. It concludes that Tonga has been one of the leading reformers in the Pacific in improving its business environment, although it has been impacted by the adverse macroeconomic shocks arising from the global economic crisis.

Keywords: adb; asian development bank; asdb; asia; pacific; poverty asia; tonga; pacific Islands; reforms; private sector; public sector; psa; investors; tonga economy; foreign investments; tax; privatization; state-owned enterprises; soes; businesses; entrepreneurship; tonga gdp; company registry; commercial legal framework (search for similar items in EconPapers)
Pages: 48 pages
Date: 2012-12, Revised 2013-01-28
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