The Economic And Social Impact Of Privatisation Of State Owned Enterprises In Africa
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Economic And Social Impact Of Privatisation Of State Owned Enterprises In Africa The
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Author : Michael I. Obadan
language : en
Publisher: African Books Collective
Release Date : 2008
Economic And Social Impact Of Privatisation Of State Owned Enterprises In Africa The written by Michael I. Obadan and has been published by African Books Collective this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Africa categories.
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.
The Economic And Social Impact Of Privatisation Of State Owned Enterprises In Africa
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Author :
language : en
Publisher:
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The Economic And Social Impact Of Privatisation Of State Owned Enterprises In Africa written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
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 : Ravi Ramamurti
language : en
Publisher: World Bank Publications
Release Date : 1991-01-01
Privatization And Control Of State Owned Enterprises written by Ravi Ramamurti and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-01-01 with Business & Economics categories.
Privatization
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Author : Gérard Roland
language : en
Publisher: Columbia University Press
Release Date : 2008
Privatization written by Gérard Roland and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
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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Author : Merih Celasum
language : en
Publisher: American Univ in Cairo Press
Release Date : 2001
State Owned Enterprises In The Middle East And North Africa Privatization Performance And Reform written by Merih Celasum and has been published by American Univ in Cairo Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
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 : Fulufhelo G. Netswera
language : en
Publisher: AOSIS
Release Date : 2023-03-01
State Owned Enterprises In Africa And The Economics Of Public Service Delivery written by Fulufhelo G. Netswera and has been published by AOSIS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-01 with Business & Economics categories.
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.
Constraints And Impacts Of Privatisation
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Author : V. V. Ramanadham
language : en
Publisher: Routledge
Release Date : 2002-03-11
Constraints And Impacts Of Privatisation written by V. V. Ramanadham and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03-11 with Business & Economics categories.
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 In Developing Countries
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Author : Jacques V. Dinavo
language : en
Publisher: Praeger
Release Date : 1995-03-21
Privatization In Developing Countries written by Jacques V. Dinavo and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-03-21 with Business & Economics categories.
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 : V. V. Ramanadham
language : en
Publisher: Routledge
Release Date : 2019-02-11
Privatisation In Developing Countries written by V. V. Ramanadham and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-11 with Business & Economics categories.
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 Privatization
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Author : Venkata Vemuri Ramanadham
language : en
Publisher: Routledge
Release Date : 1993
Constraints And Impacts Of Privatization written by Venkata Vemuri Ramanadham and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
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.