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Author: Rexford A. Ahene
Publisher: Praeger
ISBN: 0275933741
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This contributed volume examines development efforts in sub-Saharan Africa and the role privatization and foreign investment can play. The focus is on African and international capital mobility and recent experience in private investment in contemporary African states. While government in Africa continues to have a hand in economic and political matters, private enterprise, private investment, and market forces are becoming increasingly active. The volume reveals these new directions in development practice in Africa and analyzes the difficulties which government, while well-intended, has created in the past. Contributors from the United States and Africa pose questions and examine scenarios for investment in sub-Saharan Africa. And while no single strategy is agreed upon, they provide overwhelming evidence that it has been the failure of prior central policies which has held these nations back, and that hope for the 1990's lies in the unleashing of the private sector. This work will be of interest to scholars and policy-makers in development economics, international trade and finance, and African studies.
Author: Rexford A. Ahene
Publisher: Praeger
ISBN: 0275933741
Category : Business & Economics
Languages : en
Pages : 0
Get Book
Book Description
This contributed volume examines development efforts in sub-Saharan Africa and the role privatization and foreign investment can play. The focus is on African and international capital mobility and recent experience in private investment in contemporary African states. While government in Africa continues to have a hand in economic and political matters, private enterprise, private investment, and market forces are becoming increasingly active. The volume reveals these new directions in development practice in Africa and analyzes the difficulties which government, while well-intended, has created in the past. Contributors from the United States and Africa pose questions and examine scenarios for investment in sub-Saharan Africa. And while no single strategy is agreed upon, they provide overwhelming evidence that it has been the failure of prior central policies which has held these nations back, and that hope for the 1990's lies in the unleashing of the private sector. This work will be of interest to scholars and policy-makers in development economics, international trade and finance, and African studies.
Author: Michel Kerf
Publisher: World Bank Publications
ISBN: 9780821337448
Category : Political Science
Languages : en
Pages : 118
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Book Description
This paper examines the promise and challenge of infrastructure privatization in sub-Saharan Africa, with particular emphasis on power, telecommunications, water, rail, ports and airports. The paper places primary emphasis on mobilizing private investment in infrastructure. To realize the potential of infrastructure privatization in sub-Saharan Africa, four main challenges must be addressed: a) concerns over market size, affordability and payment risks; b) establishing adequate legal and regulatory frameworks; c) dealing with non commercial risks; and d) mobilizing local finance. The paper examines these four areas and gives elements of a future strategy for the World Bank Group.
Author: K. Bayliss
Publisher: Springer
ISBN: 0230286410
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
it is increasingly apparent that the privatization experiment in sub-Saharan Africa has failed. This book shows that the state is set to dominate service delivery for the foreseeable future in much of the region, and that the public sector must be considered as a viable policy option for the delivery of water and electricity.
Author: Berthélemy Jean-Claude
Publisher: OECD Publishing
ISBN: 9264020381
Category :
Languages : en
Pages : 156
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Book Description
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: Michael I. Obadan
Publisher: African Books Collective
ISBN: 2869782284
Category : Africa
Languages : en
Pages : 90
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Book Description
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: George B. Samah
Publisher: Author House
ISBN: 1467086975
Category : Social Science
Languages : en
Pages : 104
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Book Description
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.
Author: Elliot Berg
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 70
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Book Description
Author: Paul Bennell
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 52
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Book Description
Author: Jacques V. Dinavo
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
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: Roger K. Tangri
Publisher: Africa World Press
ISBN: 9780865437470
Category : Business & Economics
Languages : en
Pages : 182
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Book Description
This is a survey of the influence of political factors on economic performance throughout Africa with case studies drawn from Ghana, Zambia and Uganda. It is a comparative study of the difficulties in developing a private enterprise economy.
