Privatization Of Parastatals
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Author | : George B. Samah |
Publisher | : Author House |
Total Pages | : 104 |
Release | : 2007-03-01 |
Genre | : Social Science |
ISBN | : 1467086975 |
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 | : Roger K. Tangri |
Publisher | : Africa World Press |
Total Pages | : 182 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 9780865437470 |
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.
Author | : |
Publisher | : |
Total Pages | : 9 |
Release | : 2003 |
Genre | : Corporations |
ISBN | : |
Author | : Laing Gray Cowan |
Publisher | : |
Total Pages | : 106 |
Release | : 1983 |
Genre | : Privatization |
ISBN | : |
Author | : United States. President's Commission on Privatization |
Publisher | : |
Total Pages | : 302 |
Release | : 1988 |
Genre | : Administrative agencies |
ISBN | : |
Author | : Dennis O. Odife |
Publisher | : |
Total Pages | : 56 |
Release | : 1985 |
Genre | : Government business enterprises |
ISBN | : |
Author | : Neva Makgetla |
Publisher | : |
Total Pages | : 36 |
Release | : 1995 |
Genre | : Business & Economics |
ISBN | : |
Author | : Dennis O. Odife |
Publisher | : |
Total Pages | : 172 |
Release | : 1988 |
Genre | : Privatization |
ISBN | : |
Author | : Roger K. Tangri |
Publisher | : |
Total Pages | : 165 |
Release | : |
Genre | : Government business enterprises |
ISBN | : |
Author | : V. V. Ramanadham |
Publisher | : Routledge |
Total Pages | : 458 |
Release | : 2019-02-11 |
Genre | : Business & Economics |
ISBN | : 042958265X |
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.