Economic And Social Impact Of Privatisation Of State Owned Enterprises In Africa The

Author : I. Obadan
Publisher : African Books Collective
Page : 90 pages
File Size : 42,8 Mb
Release : 2008-03-15
Category : Business & Economics
ISBN : 9782869784222

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

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.

Author : Ravi Ramamurti,Raymond Vernon
Publisher : World Bank Publications
Page : 344 pages
File Size : 54,9 Mb
Release : 1991-01-01
Category : Business & Economics
ISBN : 0821318632

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Privatization and Control of State-owned Enterprises by Ravi Ramamurti,Raymond Vernon Pdf

Author : Michael I. Obadan
Publisher : African Books Collective
Page : 90 pages
File Size : 51,7 Mb
Release : 2008
Category : Africa
ISBN : 9782869782280

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

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.

Author : Gérard Roland
Publisher : Columbia University Press
Page : 257 pages
File Size : 49,9 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780231141604

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Privatization by Gérard Roland Pdf

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.

Author : Fulufhelo G. Netswera,Omololu M. Fagbadebo,Nirmala Dorasamy
Publisher : AOSIS
Page : 290 pages
File Size : 41,6 Mb
Release : 2023-03-01
Category : Business & Economics
ISBN : 9781776342389

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State-owned enterprises in Africa and the economics of public service delivery by Fulufhelo G. Netswera,Omololu M. Fagbadebo,Nirmala Dorasamy Pdf

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.

Author : Jacques V. Dinavo
Publisher : Praeger
Page : 184 pages
File Size : 40,5 Mb
Release : 1995-03-21
Category : Business & Economics
ISBN : STANFORD:36105012407370

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Privatization in Developing Countries by Jacques V. Dinavo Pdf

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.

Author : Merih Celasum
Publisher : American Univ in Cairo Press
Page : 324 pages
File Size : 46,5 Mb
Release : 2001
Category : Business & Economics
ISBN : 977424589X

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

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.

Author : Sunita Kikeri,John R. Nellis
Publisher : World Bank Publications
Page : 60 pages
File Size : 45,6 Mb
Release : 2002
Category : Privatizacion
ISBN : 8210379456XXX

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Privatization in Competitive Sectors by Sunita Kikeri,John R. Nellis Pdf

Author : OECD
Publisher : OECD Publishing
Page : 232 pages
File Size : 41,7 Mb
Release : 2005-12-16
Category : Electronic
ISBN : 9789264009431

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Corporate Governance of State-Owned Enterprises A Survey of OECD Countries by OECD Pdf

Presents the OECD Guidelines on Corporate Governance of State-Owned Enterprises as well as a comparative overview of main practices and issues related to corporate governance of state-owned enterprises in the OECD area.

Author : Berthélemy Jean-Claude,Kauffmann Céline,Valfort Marie-Anne,Wegner Lucia
Publisher : OECD Publishing
Page : 156 pages
File Size : 43,7 Mb
Release : 2004-02-12
Category : Electronic
ISBN : 9789264020382

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Development Centre Studies Privatisation in Sub-Saharan Africa Where Do We Stand? by Berthélemy Jean-Claude,Kauffmann Céline,Valfort Marie-Anne,Wegner Lucia Pdf

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 ...

Author : Alberto Chong,Florencio Lopez de Silanes
Publisher : World Bank Publications
Page : 526 pages
File Size : 45,5 Mb
Release : 2005-03-15
Category : Business & Economics
ISBN : 9780821383506

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Privatization in Latin America by Alberto Chong,Florencio Lopez de Silanes Pdf

Privatization is under attack. Beginning in the 1980s, thousands of failing state-owned enterprises worldwide have been turned over to the private sector. But public opinion has turned against privatization. A large political backlash has been brewing for some time, infused by accusations of corruption, abuse of market power, and neglect of the poor. What is the real record of privatization and are the criticisms justified? 'Privatization in Latin America' evaluates the empirical evidence on privatization in a region that has witnessed an extensive decline in the state's share of production over the past 20 years. The book is a compilation of recent studies that provide a comprehensive analysis of the record of and accusations against privatization, with important recommendations for the future. Seven countries are investigated: Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, and Peru. This book will be vital to anyone interested in the privatization debate but especially to those involved in civil service reform, corporate governance, economic policy, finance, and anticorruption efforts. 'Privatization is important but controversial. While economists typically favor it, others are skeptical. This book provides strong scientific evidence that privatization has been beneficial for many Latin American countries, although some privatizations failed and some groups in society lost out. As usual, the devil is in the details: how privatization is carried out and what reforms accompany it are crucial to its success. The book is definitely an invaluable contribution to the privatization debate.' --Oliver Hart, Andrew E. Furer Professor of Economics, Harvard University

Author : John R. Nellis,Mary M. Shirley
Publisher : World Bank Publications
Page : 100 pages
File Size : 44,6 Mb
Release : 1992-01-01
Category : Business & Economics
ISBN : 0821321811

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Privatization by John R. Nellis,Mary M. Shirley Pdf

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.

Author : OECD
Publisher : OECD Publishing
Page : 125 pages
File Size : 42,8 Mb
Release : 2013-10-21
Category : Electronic
ISBN : 9789264202979

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State-Owned Enterprises in the Middle East and North Africa Engines of Development and Competitiveness? by OECD Pdf

This publication examines the contribution of MENA SOEs to industiral development, diversification, poverty elimination and the provision of goods and services to the public, and provides an overview of the diverse mandates and roles of MENA SOEs.

Author : Edimon Ginting,Kaukab Naqvi
Publisher : Unknown
Page : 368 pages
File Size : 41,9 Mb
Release : 2020-07-29
Category : Business & Economics
ISBN : 929262282X

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Reforms, Opportunities, and Challenges for State-Owned Enterprises by Edimon Ginting,Kaukab Naqvi Pdf

Author : Paul Cook,Colin H. Kirkpatrick
Publisher : Edward Elgar Publishing
Page : 728 pages
File Size : 41,8 Mb
Release : 2000
Category : Government ownership
ISBN : UCSD:31822029733201

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Privatisation in Developing Countries by Paul Cook,Colin H. Kirkpatrick Pdf

In the last decades of the 20th century, privatization has been a key policy instrument in the move to more market-based economic systems in all parts of the developing world. Privatization, however, has not necessarily been accompanied by an increase in market competition. Many public utilities have been privatized as monopolies and in addition regulatory systems have been developed to restrict their market power and protect the interests of consumers. This volume brings together a collection of papers that provide theoretical and empirical insights into privatization and regulation, as well as policy perspectives in relation to developing countries.