Skip to Main Navigation

IFC advisory services in the Pacific : experience and outcomes 1990-2010 (English)

Since 1980, International Finance Corporation (IFC) has been instrumental in fostering sustainable economic growth by financing private sector investment, advising businesses and governments, mobilizing capital, and managing assets in the Pacific region. IFC’s Pacific member countries recognize the valuable role that the private sector plays in creating job opportunities, generating tax revenues, and expanding services. They are committed to working with IFC to improve lives, especially for the people who most need the benefits of such growth. Although the region presents numerous challenges for private sector development, the Pacific islands have experienced steady economic growth over the last twenty years. Since 1990, advisory services have been the cornerstone of IFC’s engagement in the Pacific. Donor funds from the governments of Japan, Australia, and New Zealand have supported IFC advisory services operations. During this period, IFC primarily helped businesses in the region obtain funds from commercial banks to start or expand their operations. Several projects that requested IFC’s help in sourcing funds were classified as first requiring IFC’s technical assistance to strengthen and streamline their operations before seeking additional funds. IFC’s assistance improved operations, refocused goals to achieve more productive activity, and - in some cases - provided necessary information for the business to move into exporting. During this period, IFC also expanded its regional presence by opening offices in Papua New Guinea and Timor-Leste. Job creation and the amount of funding raised were the central modes of measuring project performance. Where possible, IFC advisory services maintains the capacity to deliver firm-level assistance where investment linkages exist. The report captures the transformational impact IFC’s investments have had to date.

Details

  • Document Date

    2010/01/01

  • Document Type

    Working Paper

  • Report Number

    115163

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Pacific Islands,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2017/05/23

  • Disclosure Status

    Disclosed

  • Doc Name

    IFC advisory services in the Pacific : experience and outcomes 1990-2010

  • Keywords

    gross domestic product per capita;investment policy and promotion;commercial bank;access to financial service;regional investment;alternative dispute resolution program;trade and investment;alternative dispute resolution mechanism;small and medium size enterprise;tourism;tourism sector;private sector representative;women in business;dispute resolution process;amount of fund;public awareness campaign;local financial institution;access to finance;business entry;investment climate;population with access;millennium development goal;foreign direct investment;investment promotion function;local commercial bank;financial feasibility study;opportunity for woman;Private Sector Growth;lack of infrastructure;enforcement of right;local business association;private sector savings;population growth rate;creating job opportunity;lack of education;formal legal arrangement;extractive industry sector;private sector response;neutral third party;investment promotion activity;policy for woman;eradication of poverty;empowerment of woman;foreign investment law;obstacles to growth;Business Regulation;tuna fishing;Fisheries;fishery sector;tuna fishery;Outer Islands;strategic approach;financial market;medium-size enterprise;company registry;Advisory services;Informal Economy;business community;hotel information;infrastructure service;project costing;business dispute;supply chain;tourism investments;investment constraints;donor funding;external expertise;employment opportunities;employment opportunity;tourism growth;business license;diagnostic study;tsunami recovery;Business Registry;tourism receipts;raise funds;tourism operations;book system;support infrastructure;legal cost;negotiated settlement;coastal tourism;investment arm;local operator;franchise agreement;litigation process;civil unrest;environmental appraisal;loan scheme;loan application;sector programs;local bank;dollar value;social standard;fish access;colonial era;environmental sustainability;tourism process;hands-on training;statutory requirement;investment opportunities;annual catch;voting process;application process;monetary transaction;fish species;delivering services;gender perspective;entrepreneurial activity;fishery resource;traditional banking;registered land;fishing method;local participation;uneducated family;rural entrepreneur;low-skilled worker;consultation mechanism;tourist facilities;civil dispute;increasing investment;streamlining procedures;tourism industry;institutional framework;financing application;reform effort;tourism business;fishing technique;online marketing;female entrepreneur;gender expert;Labor Market;program initiatives;incentive regime;income growth;social statistics;present value;cumulative total;island countries;transaction cost;Climate Investment;regulatory support;productive activity;aggregate cost;subsequent growth;catalytic impact;average age;regional presence;distinct phase;investment increase;project operation;political instability;policy formulation;legislative framework;donor investment;infrastructure sector;informal enterprise;reform work;young people;dialogue mechanism;regulatory law;company registration;informal business;penetration rate;microfinance client;court system;ethnic conflict;small country;limited resources;global market;commercial dispute;economic reform;limited capacity;client consultation;effective strategy;investment planning;import requirement;local fishery;mediation rule;Transition economies;debt finance;political will;coalition building;funding proposal;targeted program;investment level;transition economy;tax revenue;unequal access;social need;critical infrastructure;business environment;program structure;project intervention;fishery center;civil society;essential services;income stream;commercially viable;overseas tourists;subsistence farming;banking service;female participation;rural area;airport infrastructure;political representation;fish stock;

Downloads

COMPLETE REPORT

Official version of document (may contain signatures, etc)

  • Official PDF
  • TXT*
  • Total Downloads** :
  • Download Stats
  • *The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

IFC advisory services in the Pacific : experience and outcomes 1990-2010 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/391001495525867738/IFC-advisory-services-in-the-Pacific-experience-and-outcomes-1990-2010