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WORLD CLASS MANAGEMENT
THE CLASS FOR THE PACIFIC
Jim O’ Hara
The 1987 World Bank Development Report compared the average levels of capita income in developed industrialised countries and in low income developing countries.
Commenting on this, Thirwall (1990) suggested that the average developing country would take 80 years to catch up with current living standards of the industrialised countries. The 1991
World Bank Development Repoprt indicates that the Pacific Island states will never catch up. Their GNP per capita has decreased in recent years. This is a result of low growth in GNP being outstripped by population
increase.
MAKING WORKER CO-OPERATIVES EFFECTIVE IN THE SOUTH PACIFIC
Robert Briscoe
University of the South Pacific
After the Second World War, colonial government promoted the use of co-operatives (co-ops) as a development tool in countries around the world. Co-ops were seen as
gassroots business schools for the disadvantage, teaching indigenous peoples the skills of management and the virtue of thrift and self-help. British administrations, which had
never shown much sympathy for co-ops at home, actively promoted their development overseas in an effort to strengthen indigenous paticitipation in economic
life (Crocombe 1983: 105). In much of the Pacific, the type of cooperative favoured by colonial admininistration was the consumer co-op, typically a village retail store
owned and democratically controlled by its customers. This was the kind of co-op British administrators were familiar with back home.
THE EQUITY MARKET IN FIJI
Peter Curnow
University of the South Australia
Equity markets exist in more 40 countries including many developing countries. In many of the developing countries, the stock exchange represents an important source
of finance and play an important role in the growth of the economy. Some of the exchanges in Malaysia and Jordan represent a higher share of GDP than in France or
Germany, while India’s stock exchange lists more companies than the stock markets have been strong markets of all other countries except the USA. The growth of many
of these markets have been strong and in the case of Korea, quite spectacular. In Korea market capitalization has multiplied fortyfold in the last 10 years and the share
of equity funding has risen from US$0.3b in 1980 to US410.6b in 1998, accounting for 23.7% of total corporate external financing (Dailami $ Atkin 1990).
NATURE TOURISM AS A MEANS OF PROTECTING INDIGENOUS FOREST RESOURCES IN FIJI
Sean Weaver
University of Canterbury
It is well recognised that there is an urgent need in Fiji for conserving what remains of its rapidly diminishing areas of unique indigenous rainforests (Tavaiqia 1998; Yabaki
1998; Chape and Watling 1991). At present Fiji supports a meager total of some 6,000 hectares of legally protected natural areas form a land surface of over 18,300 km2 (Chape and Watling 1991).
CULTURAL TOURISM AND ITS POTENTIAL FOR FIJI
Brian King
Victoria University of technology
In recent years, the major tourism-related journals have paid increasing attention to the concept of cultural tourism (Tighe, 1985). Discussion of the topic has been
comparatively rare in the literature of the South Pacific Islands. Most of the regional literature has concentrated on either the management of cultural assets (Middleton,
1990), integration of tourism with the environment (Chambers 1990) and to community-based tourism activity away from the main resort areas or so-called
"secondary tourism activity" (Sawailau, 1989, Coopers and Lybrand, 1989).
ARE EUROPEAN ‘QUALITY SERVICE’ MODELS APPLICABLE TO RESORTS IN THE SOUTH PACIFIC?
Carol Frodey & Jim O’hara
University of the South Pacific
Service industries are becoming more important to every nation’s economy, in terms of people employed and contribution to GNP. The South Pacific is no exemption to
this. However the concept of service and what constitutes a service is viewed very differently by people. A definition of ‘Service’ by Davidow (1986) is comprehensive:
Service is those things, which when added to a product, increase its utility or value to the customer.
This definitions implies a service element to vrtually any business or organisation.
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