Samoa: Selected Issues
July 16, 2010
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The impact of the 2009 tsunami on tourism and on the Samoan economy is likely to be substantial. The effectiveness of monetary transmission in Samoa has improved over time; however, it is still below international standards. The adverse impact of the crisis on the functioning of the banking system may be alleviated by an improvement in the financial infrastructure. State-owned enterprises (SOE) continue to play an important role in Samoa, and the key to successful SOE reform in Samoa will be placing them on a fully commercial footing.
Subject: Bank credit, Civil society organizations, Corporate governance, Economic sectors, Environment, Natural disasters, Public enterprises, Tourism
Keywords: Civil society organizations, Corporate governance, CR, credit growth, ISCR, lending, Natural disasters, Pacific Islands, private sector, privatized state carrier, public enterprise, Public enterprises, Samoa, SOE account, SOE board, SOE divestiture, SOE law, SOE Policy, SOE portfolio, SOE reform, SOE reform strategy, Tourism
Pages:
19
Volume:
2010
DOI:
Issue:
215
Series:
Country Report No. 2010/215
Stock No:
1WSMEA2010003
ISBN:
9781455202898
ISSN:
1934-7685
