Privatization in Africa: What has happened? What is to be done?

Arbeitspapier

Sub-Saharan African states urgently need expanded and more dynamic private sectors, more efficient and effective infrastructure/utility provision, and increased investment from both domestic and foreign sources. Privatization is one way to address these problems. But African states have generally been slow and reluctant privatizers; a good percentage of industrial/manufacturing and most infrastructure still remains in state hands. Given prevailing public hostility towards privatization, and widespread institutional weaknesses, such caution is defensible, but nonetheless very costly. The long-run and difficult solution is the creation and reinforcement of the institutions that underpin and guide proper market operations. In the interim, African governments and donors have little choice but to continue to experiment with the use of externally supplied substitutes for gaps in local regulatory and legal systems.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Nota di Lavoro ; No. 127.2005

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Africa; Oceania ; Economic History: Financial Markets and Institutions: Africa; Oceania ; Economic History: Government, War, Law, International Relations, and Regulation: Africa; Oceania ; Economic History: Transport, Trade, Energy, Technology, and Other Services: Africa; Oceania ; Economywide Country Studies: Africa
• Thema: Privatization ; Sub-Saharan Africa ; Privatisierung ; Afrika südlich der Sahara

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Nellis, John
• Ereignis: Veröffentlichung
• (wer): Fondazione Eni Enrico Mattei (FEEM)
• (wo): Milano
• (wann): 2005

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73950
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ