The Economic and Social Impact of Privatisation of State-owned Enterprises in Africa

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Publisher : African Books Collective
ISBN 13 : 2869784228
Total Pages : 90 pages
Book Rating : 4.8/5 (697 download)

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Book Synopsis The Economic and Social Impact of Privatisation of State-owned Enterprises in Africa by : I. Obadan

Download or read book The Economic and Social Impact of Privatisation of State-owned Enterprises in Africa written by I. Obadan and published by African Books Collective. This book was released on 2008-03-15 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The case for privatization, whether defined in a broad or narrow sense, has been forcefully made by its advocates against the backdrop of the much advertised poor performances of state-owned enterprises (SOEs) and theoretical arguments relating to the efficiency of private firms over public enterprises. Consequently, privatization and commercialization have been key components of the structural adjustment programmes foisted by the Bretton Woods institutions on Third World countries. Yet, the empirical findings on privatization, especially outside Africa where they exist, do not portray the strategy to be a panacea that works in all circumstances in all branches of economic activity. In spite of this, since the late 1980s, privatization has been stepped up in almost all African countries. And after about two decades of vigorous implementation of privatization programmes in Africa, there is a compelling need for a comprehensive and systematic analysis of various privatization issues, particularly the economic and social impact. This book thus establishes a clear case for a comprehensive and systematic analysis of the impact of privatization in Africa. Specifically, the book provides a state-of-the art review of privatization issues and research questions as a prelude to an in-depth study of the economic and social impact of privatization. In the light of the rich insights brought to bear on the issues, this book should stimulate the interest of researchers, donors and policy makers to undertake or support the follow-up in-depth research envisaged.

The Economic and Social Impact of - Privatisation of State-owned Enterprises in Africa

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (142 download)

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Book Synopsis The Economic and Social Impact of - Privatisation of State-owned Enterprises in Africa by :

Download or read book The Economic and Social Impact of - Privatisation of State-owned Enterprises in Africa written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the context of the privatisation debate, the neoclassical analysis translates into policy pres- criptions directed towards a reduction in the size of the public sector, the removal of government controls, the fostering of competition, and a greater reliance on the market and price mechanism for the allocation of resources (Cook and Kirkpatrick 1988: 9). [...] Fine (2005), points to the bias in the approach of the OECD and the World Bank in favour of market provision, even as the deficiencies of the market are increasingly being recognised as an obstacle to further privatisation itself, and advocates extension of the system of public service provision (SOP) approach from (private) consumption to public services. [...] Mana- gement of contracts involve the use of management expertise from the private sector to manage government entities through the payment of a fee; • Transferring of the provision of a good or service from the public to the private sector while the government retains the ultimate responsibility for supplying the service; for example, franchising or contracting out of pu- blic service and leasing. [...] In the literature, the Obadan 281008.pmd 28/10/2008, 12:0035 The Economic and Social Impact of Privatisation in Africa 36 main approach suggested in dealing with the above problem relates to the creation of financial intermediaries that would hold shares in the individual enterprises with the public in turn owning the equity of these intermediaries. [...] The first, as was noted before, relates to the underdeveloped nature of the capital market in the developing countries, in terms of the size of the market available to a divesting authority, limited capitalisation and number of traded issues.

Privatization and Control of State-owned Enterprises

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821318638
Total Pages : 344 pages
Book Rating : 4.3/5 (186 download)

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Book Synopsis Privatization and Control of State-owned Enterprises by : Ravi Ramamurti

Download or read book Privatization and Control of State-owned Enterprises written by Ravi Ramamurti and published by World Bank Publications. This book was released on 1991-01-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic and Social Impact of Privatisation of State-owned Enterprises in Africa, The

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Author :
Publisher : African Books Collective
ISBN 13 : 2869782284
Total Pages : 90 pages
Book Rating : 4.8/5 (697 download)

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Book Synopsis Economic and Social Impact of Privatisation of State-owned Enterprises in Africa, The by : Michael I. Obadan

Download or read book Economic and Social Impact of Privatisation of State-owned Enterprises in Africa, The written by Michael I. Obadan and published by African Books Collective. This book was released on 2008 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a state-of-the art review of privatization issues and research questions as a prelude to an in-depth study of the economic and social impact of privatization.

Privatization

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Author :
Publisher : Columbia University Press
ISBN 13 : 0231141602
Total Pages : 257 pages
Book Rating : 4.2/5 (311 download)

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Book Synopsis Privatization by : Gérard Roland

Download or read book Privatization written by Gérard Roland and published by Columbia University Press. This book was released on 2008 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The privatization of large state-owned enterprises is one of the most radical policy developments of the last quarter century. Right-wing governments have privatized in an effort to decrease the size of government, while left-wing governments have privatized either to compensate for the failures of state-owned firms or to generate revenues. In this way, privatization has spread from Europe to Latin America, from Asia to Africa, reaching its zenith with Central and Eastern Europe's transition from socialism to capitalism. In many countries state ownership has been an important tool in bringing cheap water, energy, and transport to poorer segments of the population. In other instances, it has sponsored aggressive cutbacks, corruption, and cronyism. Privatization: Successes and Failures evaluates the practices and results of privatization in Eastern Europe, Africa, Latin America, and Asia. Featuring the world's leading economists and experts on privatization, this volume offers a broad and balanced analysis of specific privatization projects and uncovers some surprising trends. Partial privatization, for example, tends to be more widespread than one might think, and the effects of privatization on efficiency are generally mixed but rarely negative. Also, while privatization appears uncontroversial in competitive sectors, it becomes increasingly complex in more monopolistic sectors where good regulation is crucial. Privatization concludes with alternative frameworks for countries in Africa and other regions that seek to develop privatization policy and programs.

State-Owned enterprises in the Middle East and North Africa : Privatization , Performance , and Reform

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Publisher : American Univ in Cairo Press
ISBN 13 : 9789774245893
Total Pages : 324 pages
Book Rating : 4.2/5 (458 download)

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Book Synopsis State-Owned enterprises in the Middle East and North Africa : Privatization , Performance , and Reform by : Merih Celasum

Download or read book State-Owned enterprises in the Middle East and North Africa : Privatization , Performance , and Reform written by Merih Celasum and published by American Univ in Cairo Press. This book was released on 2001 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Worldwide privatization has expanded rapidly but in the Middle East and North Africa (MENA) region progress has been markedly slow. The two main obstacles to privatization in the MENA region are seen to be the high level of overstaffing in public enterprises and the inability of economies to create jobs fast enough. This volume is divided into two parts. The first addresses key issues of an institutional and political economy nature to explain pressures for and against state-owned enterprise (SOE) reform and privatization. The second part of the book presents empirical studies of Egypt, Jordan, Sudan, and Turkey to illustrate the specific roles played by the state and by interest groups in the pace of SOE reform, as well as to analyze the negative impact on productivity and financial performance on an inflated public sector. The conclusions drawn from these studies are that social protection and effective labor redundancy policies should be addressed prior to privatization, and that there is a prerequisite for increased private sector investment in SOEs to accelerate MENA's integration with the world economy via trade-related programs and infrastructure.

State-owned enterprises in Africa and the economics of public service delivery

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Author :
Publisher : AOSIS
ISBN 13 : 1776342380
Total Pages : 290 pages
Book Rating : 4.7/5 (763 download)

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Book Synopsis State-owned enterprises in Africa and the economics of public service delivery by : Fulufhelo G. Netswera

Download or read book State-owned enterprises in Africa and the economics of public service delivery written by Fulufhelo G. Netswera and published by AOSIS. This book was released on 2023-03-01 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book intends to provide a continuous assessment of the crisis in governance in Africa. As it is, there are huge deficits in the capacity of African states to harness vast human and material resources to promote good governance. This manifests in pervasive corruption, collapsed service delivery, collapsed state-owned enterprises, eroded social trust, capital flight, escalating levels of poverty and wars, human insecurity, and stunted growth. The public sector is the pulse of service delivery because the entire governance system revolves around the sourcing of materials and services, mostly from the private sector, in order to achieve its public policy intents. The procurement process, therefore, ordinarily ought to yield positive economic outcomes and an efficiency-driven system in favour of the government itself and its service recipients. However, this more often than not is not the case. Despite its enormous wealth, the African continent is in an economic quagmire, a dilemma that requires multi-facet research activities. This is the motivation for this book.

Privatization in Developing Countries

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Author :
Publisher : Praeger
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Privatization in Developing Countries by : Jacques V. Dinavo

Download or read book Privatization in Developing Countries written by Jacques V. Dinavo and published by Praeger. This book was released on 1995-03-21 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work concludes that privatization promotes economic development and democracy in developing countries. Several governments have opted for privatization to maximize consumer choice, to promote competition, and to improve the quality and efficiency of goods and services. Many governments in Asia, Africa, and Latin America are cautiously turning state-owned enterprises over to the private sector because of the benefits coming with a free market economy and free enterprise spirit. The case of Zaire shows the failure of state-owned enterprises to meet national economic, social, and political goals. The case of the Cameroon shows privatization at work in a developing country.

Privatisation in Developing Countries

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Author :
Publisher : Routledge
ISBN 13 : 042958265X
Total Pages : 458 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis Privatisation in Developing Countries by : V. V. Ramanadham

Download or read book Privatisation in Developing Countries written by V. V. Ramanadham and published by Routledge. This book was released on 2019-02-11 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely felt that the public sector in many developing countries is too large, and that privatisation would benefit both the users of individual services and the economy in general. However, enthusiasm for private enterprise solutions is not always matched by the requisite financial and economic technology. The sort of schemes appropriate for a country like China, with its highly planned public sector economy, and Jordan, with its dominant private sector, are unlikely to be the same. Privatisation without reference to these differences will be an economic, administrative and organisational chaos rather than a panacea. Originally published in 1989, this book starts with an analysis on the concept, rationale and fundamental issues of privatisation, with reference to both developed and developing countries. There follows a critical scrutiny of the privatisation programmes of countries in Asia, Africa and Latin America, written by contributors actively concerned with public enterprise and privatisation at the time. It examines the role of international aid agencies, including the World Bank, in promoting the schemes and it details the positive impact of them as well as their pitfalls. These country accounts are complemented by a concluding chapter giving an overview of the substantial issues raised.

Constraints and Impacts of Privatisation

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Author :
Publisher : Routledge
ISBN 13 : 1134961561
Total Pages : 395 pages
Book Rating : 4.1/5 (349 download)

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Book Synopsis Constraints and Impacts of Privatisation by : V. V. Ramanadham

Download or read book Constraints and Impacts of Privatisation written by V. V. Ramanadham and published by Routledge. This book was released on 2002-03-11 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains papers on some 25 countries written by experts directly connected with privatisation, either as academics or as policy makers and practitioners, with a comparative review at the end by the editor. It highlights the major factors in the success and the failings of privatisation attempts in different countries in Europe, America, Latin America, Africa, Asia and Australasia. In particular there are studies on the evolving experience of transformation to free market economy in the former socialist countries of Eastern Europe.

Privatising the State

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Publisher : C. Hurst & Co. Publishers
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Privatising the State by : Béatrice Hibou

Download or read book Privatising the State written by Béatrice Hibou and published by C. Hurst & Co. Publishers. This book was released on 2004 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatisation is supposed to bring about the retreat of the state. But what happens when the state privatises itself and even its core functions - tax collection, internal security, customs - are auctioned to the highest bidder? Does this imply a weakening of the state? Or, rather, does it lead to a scrutiny and control? The contributors to this work examine these phenomena in the former Second and Third World (Central and Eastern Europe, China and other parts of Asia and Africa) highlighting the very different ways in which continuing state interference and privatisation are implemented. What we are witnessing, according to this study, is not the eclipse of the state under the impact of globalisation but the end of the relatively short era of the development state and its commanding role. privatisation does not necessarily lead to a weakening of state control; it leads to new, and often more informal, forms of interference and influence, and it is these that are the book's central theme.

Privatisation

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Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Privatisation by : Herbert Jauch

Download or read book Privatisation written by Herbert Jauch and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Privatization of Parastatals

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Author :
Publisher : Author House
ISBN 13 : 1467086975
Total Pages : 104 pages
Book Rating : 4.4/5 (67 download)

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Book Synopsis Privatization of Parastatals by : George B. Samah

Download or read book Privatization of Parastatals written by George B. Samah and published by Author House. This book was released on 2007-03-01 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the pursuit of policies and approaches that would sustain and accelerate economic development after the declared departure of colonial powers, African governments set up parastatals to serve as conduit for economic development through which governments could deliver services to the general populace. However, there is evidence that most parastatals do not utilize resources efficiently; instead, they impose heavy burdens on public resources and distort their use in the economy. Given the shortcomings of parastatals, in the 1980s, the World Bank, the International Monetary Fund (IMF), USAID, and other international donor agencies came to Africa with a philosophy of privatization. These multi-national corporations and donor agencies discretely advocated the overhauling of parastatals but the suggested processes and methods to this end were vague. Nonetheless, the arm-twisting strategies of multi-national corporations and international donors forced African governments to succumb to the philosophy of privatization. Unfortunately, in general, the philosophy, policies and practices of privatization operated to the economic detriment of African countries. Thus, as pursued in this text, it is actively compelling that the process of privatization be examined critically, considering advantages and disadvantages as well as the economic profitability for countries in sub-Saharan Africa.

Constraints and Impacts of Privatization

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Author :
Publisher : Routledge
ISBN 13 : 0415098262
Total Pages : 378 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Constraints and Impacts of Privatization by : Venkata Vemuri Ramanadham

Download or read book Constraints and Impacts of Privatization written by Venkata Vemuri Ramanadham and published by Routledge. This book was released on 1993 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains papers on some 25 countries written by experts directly connected with privatisation, either as academics or as policy makers and practitioners, with a comparative review at the end by the editor. It highlights the major factors in the success and the failings of privatisation attempts in different countries in Europe, America, Latin America, Africa, Asia and Australasia. In particular there are studies on the evolving experience of transformation to free market economy in the former socialist countries of Eastern Europe.

Privatization

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821321812
Total Pages : 100 pages
Book Rating : 4.3/5 (218 download)

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Book Synopsis Privatization by : John R. Nellis

Download or read book Privatization written by John R. Nellis and published by World Bank Publications. This book was released on 1992-01-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development. The report deemed it is within the Bank's mandate to focus on the following: -the process by which authority is exercised in the management of a country's economic and social resources -the capacity of governments to design, formulate, and implement policies and discharge functions. Also available: Governance: The World Bank's Experience (ISBN 0-8213-2804-2) Stock No. 12804.

Development Centre Studies Privatisation in Sub-Saharan Africa Where Do We Stand?

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264020381
Total Pages : 156 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Development Centre Studies Privatisation in Sub-Saharan Africa Where Do We Stand? by : Berthélemy Jean-Claude

Download or read book Development Centre Studies Privatisation in Sub-Saharan Africa Where Do We Stand? written by Berthélemy Jean-Claude and published by OECD Publishing. This book was released on 2004-02-12 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines recent progress made in the region’s privatisation effort in Sub-Saharan Africa. With cumulative proceeds of privatisation accounting for just $8 billion compared to $46 billion in transition economies over the same period, it is ...

Reality Check

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Author :
Publisher : CGD Books
ISBN 13 :
Total Pages : 464 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Reality Check by : John R. Nellis

Download or read book Reality Check written by John R. Nellis and published by CGD Books. This book was released on 2005 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the 1990's, privatization of inefficient state-owned enterprises was strongly embraced in developing and transitional economies. Little attention has gone to the distributional implications of the privatization movement, a particularly surprising oversight given the current backlash in many settings against further privatization. This book offers a comprehensive set of country-specific studies on the effects of privatization on people --winners and losers in different income, employment, and education groups. The studies analyze the changes in public tax revenue from privatized enterprises, shifts in pension and other liabilities, and changes in income of different groups. Contributors include David McKenzie (Stanford University), Dilip Mookherjee (Boston University), Gover Barja (Universidad Católica Boliviana, La Paz), Miguel Urquiola (Columbia University), Samuel Freije (Universidad de Las Américas in Puebla, Mexico), Luis A. Rivas (Ministry of Finance and Central Bank of Nicaragua), Máximo Torero, Enrique Schroth, and Alberto Pasco Font (Group of Analysis for Development [GRADE], Lima), Roberto Macedo (University of São Paulo, Presbyterian Mackenzie University, and Foundation Institute of Economic Research, São Paolo), Antonio Estache (World Bank), Michael Bleyzer and Edi Segura (SigmaBleyzer Corporation), Gary H. Jefferson, (Brandeis University), Su Jian (Brandeis and Peking Universities), Jiang Yuan and Yu Xinhua (National Bureau of Statistics, Beijing), and Malathy Knight-John and P.P.A. Wasantha (Institute of Policy Studies, Sri Lanka).