Privatisation: an agenda for the South Pacific

Abstract

There are many gains in economic efficiency to be made by the implementation of programs of privatisation?in all its forms?in the island states of the South Pacific. But programs should be implemented only after rigorous analysis of possible adverse consequences. Privatisation is but one facet of an overall program of economic and public administration reform. Here a privatisation model includes policy improvements avoiding crowding out, contracting out, commercialisation, corporatisation and divestiture