Finding the right regulatory fit for economic growth and private-sector development in Vanuatu
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Nagarajan, Vijaya
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Crawford School of Public Policy, The Australian National University
Asia Pacific Press
Asia Pacific Press
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Vanuatu, like many emerging South Pacific nations, is focusing on facilitating economic growth by developing its private sector, which necessarily involves a clear enunciation of an overarching theoretical framework that can be coupled with pragmatic strategies. This paper adopts a multi-disciplinary perspective to examine the theoretical and practical dimensions involved. First, it develops a theoretical framework for governance aimed at private-sector development in emerging economies. Second, it considers the main areas of reform necessary to facilitate economic growth; in particular,canvassing strategies that are suited to the socio-political context of Vanuatu.
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Pacific Economic Bulletin, Vol. 23, No. 3, 2008
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