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Hercules or Sisyphus? Building capacity in the Asia-Pacific

By Roland Rich

Written by Roland Rich, the author of several books on democratisation and development, the report recommends a broadening of Australia’ aid program for regional countries to facilitate the development of vital private sectors as the key to economic development.

The report argues that a new strategy is needed to involve the private sector directly to help build the capacity of the business sector in developing countries.

It also recommends a ground-breaking strategic approach; amending the Australian tax rules to encourage companies to become directly involved in building private sector capacities in developing countries by allowing them to deduct from their taxable income the full costs incurred in providing such assistance.