Improving the business environment for micro, small and medium-sized enterprises in Pacific Island countries

cg.authorship.typesNot CGIAR international instituteen
cg.contributor.affiliationTechnical Centre for Agricultural and Rural Cooperationen
cg.contributor.donorEuropean Unionen
cg.coverage.regionOceania
cg.number33en
cg.placeWageningen, The Netherlandsen
cg.reviewStatusInternal Reviewen
dc.contributor.authorFisher, L.en
dc.contributor.authorFrancis, Judith Annen
dc.contributor.authorCruickshank, D.en
dc.contributor.authorDietershagen, Janaen
dc.date.accessioned2020-07-03T10:47:27Zen
dc.date.available2020-07-03T10:47:27Zen
dc.identifier.urihttps://hdl.handle.net/10568/108670
dc.titleImproving the business environment for micro, small and medium-sized enterprises in Pacific Island countriesen
dcterms.abstractDevelopment of local food crops and fishery value chains for sustaining food systems and enhancing incomes and nutrition in PICs hinges on an enabling environment for the agro-industry – and the private sector as a whole. The potential of agro-based MSMEs to harness innovation, increase economic activity and create employment in support of socio-economic development in the region is undisputed. But, to unleash the potential of these agribusinesses, a conducive and business-friendly environment that promotes entrepreneurship, growth and development is key. The procedures for starting and operating a business in PICs range from following simple to extremely daunting and costly processes, irrespective of size, economic status, and geographic location. The level of complexity depends on the policy, regulatory and legislative environment of the particular country. These factors not only govern how businesses are formed, operate, grow and evolve; they also determine the way business agreements and contractual arrangements are structured and enforced; the way debt recovery, lending and consumer protection are administered; and how property rights are ascertained. The World Bank’s Ease of Doing Business comparative analysis for 2018 and 2019 (World Bank, 2019) shows a slight improvement for the Solomon Islands, no change for Fiji, and increasing difficulty for Kiribati, RMI, Samoa, Tonga and Vanuatu. The assessment indicates a need for reform to make business creation, operations and evolution more attractive to public and private investment, and to support sustainable economic development and growth and social inclusion and improvement.en
dcterms.accessRightsOpen Access
dcterms.audienceDevelopment Practitionersen
dcterms.bibliographicCitationFisher, L., Francis J., Cruickshank, D. and Dietershagen, J. 2020. Improving the business environment for micro, small and medium-sized enterprises in Pacific Island countries. CTA Technical Brief 33. Wageningen: CTAen
dcterms.extent12pen
dcterms.isPartOfCTA Technical Briefen
dcterms.issued2020-04-20en
dcterms.languageen
dcterms.licenseCC-BY-4.0
dcterms.publisherTechnical Centre for Agricultural and Rural Cooperationen
dcterms.typeBrief

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