CODESRIA Books

The Economic and Social Impact of Privitization of State-owned Enterprises in Africa

Read the book Cite this book Share this book

Authors

Mike I. Obadan
DOI: https://doi.org/10.57054/codesria.pub.160

Keywords:

Social Impact Africa State-owned Enterprises

Synopsis

CODESRIA, 2008, 80 p. , ISBN : 978-2-86978-228-0

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 circumstancesn 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.

 

Statistics

views
77
Downloads
46

Citations

Google Scholar

Author Biography

Mike I. Obadan

is a Professor of Economics and former Director-General of the
Nigerian Centre for Economic Management and Administration, Ibadan,
Nigeria. He has also served as President of the Nigerian Economic Society and
contributed significantly to societal development through consultancy services
to various national and international organizations. A Fellow of both the Nigerian
Economic Society and the Institute of Management Consultants of Nigeria,
Professor Obadan has published extensively in the areas of macroeconomics,
international trade, finance and development. He is currently the Chairman of
the Economic Policy Analysis Network of the Harare-based African Capacity
Building Foundation’s Technical Advisory Panels and Networks (TAP-NETs).

References

  1. Adam, A., Cavendish, W. and Mistry, P. S., 1992, Adjusting Privatization. Case Studies from Developing Countries, London: James Currey Ltd.
  2. Akuz, Y., 1992, ‘On Financial Deepening and Efficiency’, UNCTAD Discussion Paper,No. 43, February.
  3. Alchian, A. A. and Demestez, H., 1972, ‘Production, Information Costs and Economic Organisation’, Amercian Economic Review, Vol. LXII.
  4. Alchian, A. A., 1965, ‘Some Economics of Property Rights’, II Politico, 30.
  5. Alcazar, L., Abdala, M. A. and Shirely, M. M., 2000, ‘The Buenos Aires Water Concession’, World Bank Policy Research Paper 2311, Washington D.C: The World Bank.
  6. Alexander, M., 1987, ‘Privatization in Africa’, in Ramanadham, V. V., ed., Privatization in Developing Countries, London and New York: Routledge.
  7. Anderson, J., Lee, Y. and Murrell, P., 2000, ‘Do Competition and Ownership Affect Enterprises’ Efficiency in the Absence of Market Institutions? Evidence After Privatisation in Mongolia’, Working Paper, Department of Economics and IRIS Centre, University of Maryland, College Park, Maryland.
  8. Andreasson, Bo, 1998, ‘Privatisation in Sub-Saharan Africa: Has It Worked and What Lessons Can Be Learnt?’, Gothenburg, Sweden: Swedish Development Advisers Appiah–Kubi, K., 2001, ‘State-Owned Enterprises and Privatisation in Ghana’, Journal of Modern African Studies, Vol. 39, No. 2.
  9. Avishur, A., 1999, ‘A Positive Theory of Privatization’, A paper presented at the 12th World Congress of the International Economic Association, Buenos Aires, August 23 – 27.
  10. Ayub, M. and Hegstad, S., 1987, ‘Determinants of Public Enterprise Performance’, Finance and Development, Vol. 24, No. 4, December.
  11. Barberis, N., Boycko, M., Shleifer, A. and Tsukanova, N., 1996, ‘How Does PrivatizationWork? Evidence from Russian Shops’, Journal of Political Economy, Vol. 104, No. 4.
  12. Barnett, S., 2000, ‘Evidence on the Fiscal and Macroeconomic Impact of Privatisation’,IMF Working Paper, Washington, D.C: IMF.
  13. Bayliss, K., 2002, ‘Privatisation and Poverty: The Distributional Impact of Utility Privatisation’,Annals of Public and Cooperative Economics, Vol. 73, No. 4.
  14. Berg, E., 1988, ‘Privatisation and Equity’, in Berg, E., ed., Policy Reform and Equity:Extending the Benefits of Development, San Francisco: ICS Press.
  15. Bienen, H. and Waterbury, J., 1989, ‘The Political Economy of Privatization in Developing Countries’, World Development, Vol. 17, No. 5, May.
  16. Bishop, M. R. and Kay, J. A., 1989, ‘Privatization in the United Kingdom: Lessons from Experience’, World Development, Vol. 17, No. 5, May.
  17. Bhagwati, J., 1984, ‘Development Economics: What Have We Learnt?’ Asian Development Review, Vol. 15, No. 3.
  18. Blinder, A., 1990, Paying for Productivity, Washington: The Brookings Institution.
  19. Boardman, A. E. and Vining, A. R., 1989, ‘Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed and State-
  20. Owned Enterprises’, Journal of Law and Economics, Vol. 32, No. 1.
  21. Bolton, P. and Roland, G., 1992, ‘The Economics of Privatization’, LSE Financial Markets Group Discussion Paper, No. 155, London School of Economics, Nov.
  22. Boorsma, P. B., 1994, ‘Privatisation: Political and Economic Considerations’, in Van Dijk, M.P. and Nordholt, N. G. S., ed., 1994, Privatisation Experiences in African and Asian Countries, Amsterdam: SISWO Publikatie.
  23. Bortolotti, B., D’Souza, J., Fantini, M. and Megginson, W. L., 2002, ‘Privatization and the Sources of Performance Improvement in the Global Telecommunications Industry’, Telecommunications Policy, Vol. 26.
  24. Bortolotti, B., Fantini, M. and Siniscalco, D., 1999, ‘Regulation and Privatization: The Case of Electricity’, Working Paper, Milan: FEEM.
  25. Bortolotti, B., Fantini M. and Siniscalco, D., 2001, ‘Privatization Around the World, New Evidence from Panel Data’, The Fondazione Eni Enrico Mattei Note di Lavoro Series Index, http:/www.feem.it/web/activi/activi.html.
  26. Borcherding, T. E., Pommerehne, W. W. and Scheider, F., 1982, ‘Comparing the Efficiency of Private and Public Production: The Evidence from Five Countries’, Zeitschrift for National economie, supplement, 2.
  27. Bouin, O. and Michalet, Ch – A., 1991, Rebalancing the Public and Private Sectors: Developing Country Experience, Paris: Development Centre, OECD.
  28. Boubakri, N. and Cosset, J. C., 1998, ‘The Financial and Operating Performance of Newly Privatized Firms: Evidence from Developing Countries’, Journal of Finance, Vol. 53, No. 3.
  29. Boubakri, N. and Cosset, J., 2002, ‘Does Privatisation Meet the Expectations? Evidence from African Countries’, Journal of African Economies.
  30. Boycko, M., Shleifer, A. and Vishny, R., 1996, ‘A Theory of Privatisation’, Economic Journal, Vol. 106.
  31. Buck, T., Thompson, S. and Wright, M., 1991, ‘Post-Communist Privatisation and the British Experience’, Public Enterprise, Vol. 11, Nos. 2-3, June – Sept.
  32. Buchanan, J., Tollison, D. and Tullock, G., 1980, Toward a Theory of Rent–Seeking Society,College Station, Texas: A and M University.
  33. Cragg, M. I. and Dyck, I. I. A., 1999, ‘Privatization, Compensation and Management Incentives: Evidence from the United Kingdom’, A paper presented at the 12th World Congress of the International Economic Association, Buenos Aires, 23 – 27 August.
  34. Chisari, O., Estache, A. and Romero, C., 1999, ‘Winners and Losers From the Privatization and Regulation of Utilities: Lessons From a General Equilibrium Model of Argentina’, The World Bank Economic Review, Vol. 13, No. 2, May.
  35. Claessens, S. and Djankov, S., 1999, ‘Ownership, Concentration and Corporate Performance in the Czech Republic’, Journal of Comparative Economics, Vol. 27, No. 3.
  36. Commander, S., Fan, Q. and Schaffer, M. E., ed., 1996, Enterprise Restructuring and Economic Policy in Russia, Washington D.C: The World Bank.
  37. Commander, S. and Killick, T., 1988, ‘Privatization in Developing Countries: a Survey of the Issues’ in Cook, P. and Kirkpatrick, C., eds., Privatization in Less Developed Countries, Sussex: Wheatsheaf Books.
  38. Commonwealth Secretariat, et al, 1994, ‘Capacity Building for Management of Privatisation’,Report of the Regional Consultative Workshop held at ZIPAM Centre,Darwendale, Zimbabwe.
  39. Cook, P. and Monogue, M., 1990 ‘Waiting for Privatization in Developing Countries:Towards the Integration of Economic and Non-Economic Explanations’, Public Administration and Development, Vol. 10, No. 1, January – March.
  40. Cook, P. and Kirkpatrick, C., 1988, Privatization in Less Developed Countries, Sussex: Wheatsheaf Books.
  41. Cook, P. and Kirkpatrick, C., 1988, ‘Privatization in Less Developed Countries. An Overview’ in Cook, P. and Kirkpatrick, C., eds, Privatization in Less Developed Countries, Sussex: Wheatsheaf Books.
  42. Cook, P. and Uchida, Y., 2002, ‘Privatization and Economic Growth in Developing Countries’, Mimeo, Centre on Regulation and Competition, Institute for Development Policy and Management, University of Manchester.
  43. Cook, P. and Kirkpatrick, C., 1998, ‘Reflections on Privatisation in Developing Countries’, DPMN Bulletin, Vol. 5, No. 1, December.
  44. Davis, J., Ossawski, R., Richardson, T. and Barnett, S., 2000, ‘Fiscal and Macroeconomic Impact of Privatization’, IMF Occasional Paper, 194 Washington, D.C: IMF.
  45. D’ Souza, J. and Megginson, W. L., 1999, ‘The Financial and Operating Performance of Privatized Firms During the 1990s’, Journal of Finance, Vol. 54.
  46. De Allessi, L., 1969, ‘Implication of Property Rights for Government Choices’, American Economic Review, Vol. 59, No. 1.
  47. Demstez, H., 1968, ‘Why Regulate Utilities’, The Journal of Law and Economics, Vol. II.
  48. Dewenter, K. L. and Malatesta, P. H., 1998, ‘State-owned and Private-owned firms: An Empirical Analysis of Profitability, Leverage and Labour Intensity’, Financial Economics Network Working Papers, August.
  49. Dewenter, K. L. and Malatesta, P. H., 2001, ‘State-Owned and Privately-Owned Firms: An Empirical Analysis of Profitability, Leverage and Labour Intensity’, American Economic Review, Vol. 91, No. 1.
  50. Domberger, S. and Piggott, J., 1986, ‘Privatisation Policies and Public Enterprise: A Survey’, Economic Record, Australia, Vol. 62, June.
  51. Eckel, C., Eckel, D. and Singal, V., 1997, ‘Privatisation and Efficiency: Industry Effects of the Sales of British Airways’, Journal of Financial Economics, Vol. 43, No. 2.
  52. Fine, B., 2005, ‘Public Service Provision and Poverty Alleviation in Africa: Departing the Road to Privatisation’, A chapter for inclusion in an edited book on privatisation in Sub-Saharan Africa, with special reference to water and electricity.
  53. Fink, C., Mattoo, A. and Rathindrau, R., 2002, ‘An Assessment of Telecommunications Reform in Developing Countries’, World Bank Policy Research Working Paper, 2909, Washington D.C: The World Bank.
  54. Gray, P., 2001, ‘Private Participation in Infrastructure: A Review of the Evidence’, Memo, Private Provision of Public Services Group, Private Sector Advisory Services,Washington D.C: The World Bank.
  55. Green, W. H., 1995, Econometric Analysis, Third Edition, New Jersey: Prentice–Hall.
  56. Grossman, S. J. and Hart, O. D., 1986, ‘The Costs and Benefits of Ownership: The Theory of Vertical and Lateral Integration, Journal of Political Economy, Vol. 94.
  57. Gutierrez, L. H. and Berg, S., 2000, ‘Telecommunications Liberalisation and Regulatory Governance: Lessons from Latin America’, Telecommunications Policy, Vol. 24.
  58. Gupta, J. P. and Sravat, A. K., 1998, ‘Development and Project Financing of Private Power Projects in Developing Countries: A Case Study of India’, International Journal of Project Management, Vol. 16, No. 2.
  59. Hanke, S. H., 1986, ‘The Privatization Option: An Analysis’, Economic Impact, No. 3.
  60. Hanke, S., 1987, Privatization and Development, San Francisco: Institute for Contemporary Studies.
  61. Havrylyshyn, O. and McGettigan, D., 1998, ‘Privatization in Transition Countries: A Sampling of the Literature’, Unpublished Draft, Washington D.C: IMF
  62. Killick, T., 1986, ‘Twenty-five Years in Development: The Rise and Impending Decline of Market Solutions, Development Policy Review, Vol. 4.
  63. Killick, T., 1981, Policy Economics, London: Heinemann.
  64. Konings, P. J. J., 1997, «Agro-Industry and Regionalism in the South West Province of Cameroon During the National Economic and Political Crisis», in Nkwi, P. N. & Nyamnjoh, F. B., eds., Regional Balance and National Integration in Cameroon: Lessons Learnt and the Guture, ASC/ICASSRT, Yaoundé, pp. 289-306.
  65. Kornai, J., 1990, The Road to Free Economy, New York: Norton.
  66. Koning, J., 1997, ‘Competition and Firm Performance in Transition Economies: Evidence from Firm-Level Surveys in Slovania, Hungary and Romania’, CERP Discussion Paper No. 1770, London: Centre for Economic Policy Research.
  67. Laffont, J. J. and Meleu, M., 1999, ‘A Positive Theory of Privatisation for Sub-Saharan Africa, Journal of African Economies, Vol. 8.
  68. La Porta, R., Lopez-de-Silanes, F. and Shleifer, A., 1998, ‘Corporate Ownership Around the World’, NBER Working Paper Series, No. 6625, Cambridge: National Bureau of Economic Research.
  69. La Porta, R., Lopez-de-Silanes, F., 1997, ‘The Benefits of Privatization. Evidence From Mexico’, NBER Working Paper Series, No. 6215, Cambridge: National Bureau of Economic Research.
  70. Lesser, B., 1991, ‘When Government Fails, Will the Market Do Better? The Privatization /Market Liberalization Movement in Developing Countries’, Canadian Journal of Development Studies, Vol. XII, No. 1.
  71. Mansoor, A., 1988a, ‘The Fiscal Impact of Privatization’, in Cook, P. and Kirkpatrick,C., eds., Privatization in Less Developed Countries, Sussex: Wheatsheaf Books.
  72. Mansoor, A., 1988b, ‘The Budgetary Impact of Privatisation’, in Blejer, M. I. and Chu, K., ed., Measurement of Fiscal Impact: Methodological Issues, IMF Occasional Paper No.59, Washington D.C: IMF.
  73. Martin, B., 1993, In the Public Interest? Privatization and Public Sector Reform, London: Zed Books Ltd.
  74. Martin, S. and Parker, D., 1997, The Impact of Privatization: Ownership and Corporate Performance in the UK, London: Routledge.
  75. Megginson, W. L. and Netter, J., 2001, ‘From State to Market: A Survey of Empirical Studies on Privatization,’ Journal of Economic Literature, Vol. 39, No. 2.
  76. Menard, C. and Clark, G. R. G., 2002, ‘A Transitory Regime: Water Supply in Conakry,Guinea’, in Mary Shirley, ed., Thirsting for Efficiency: TheEconomics and Politics of Urban Water System Reform, Washington, D.C: The World Bank.
  77. Millward, R., 1988, ‘Measured Sources of Inefficiency in the Performance of Public and Private Enterprises in LDCs’, in Cook, P. and Kirkpatrick, C., eds, Privatization in Less Developed Countries, London: Wheatsheaf.
  78. Mukandala, R. S., 1998, ‘Post- Privatisation Challenges’, DPMN Bulletin, Vol. 5, No. 1, December.
  79. Heald, D., 1990, ‘The Relevance of Privatization to Developing Economies’, Public Administration and Development, Vol. 10, No. 1, January – March.
  80. Nellis, J. R., 1986, ‘Public Enterprises in Sub-Saharan Africa’, World Bank Discussion Paper No. 1, Washington D.C: The World Bank.
  81. Nellis, J., 1991, Privatization in Reforming Socialist Economies / Privatization in Eastern Europe: Current Implementation Issue, LjubLjana: International Centre for Public Enterprises in Developing Countries.
  82. Nellis, J., 1999, ‘Time to Rethink Privatisation in Transition Economies’, Finance and Development, Vol. 36, No. 2, June.
  83. Nellis, J., 2003, ‘Privatization in Africa: What Has Happened? What Is To Be Done? Centre for Global Development Working Paper 25, Washington D.C, February.
  84. Nellis, J. and Kikeri, S., 1989, ‘Public Enterprise Reform: Privatization and the World Bank’, World Development, Vol. 17, No. 5, May.
  85. Nellis, J. and Lee, B. W., 1991, ‘Enterprise Reform and Privatisation in Socialist Economies, Public Enterprise, Vol. 11, Nos. 2 - 3, June – Sept.
  86. Nikpay. A., 1993, Privatization in Eastern Europe’, A Survey of the Main Issues, UNCTAD Discussion Paper No. 59, May.
  87. Niskanen, W., 1971, Bureaucracy and Representative Government, Chicago: Aldine –Atherton.
  88. Nunnenkamp, P., 1986, ‘State Enterprises in Developing Countries’, Intereconomics,July/August.
  89. Obadan, M. I., 2003, National Development Planning and Budgeting in Nigeria, Lagos: Broadway Press Ltd.
  90. Obadan, M. I. and Jerome, A. T., ed., 2004, ‘Nigerian First Privatization Programme,1988–93: Economic Impact and Lessons’, Mimeo. A study carried out for the National Centre for Economic Management and Administration, Ibadan.
  91. Obadan, M. I., 1996, ‘Privatisation and Commercialisation of Public Enterprises in Nigeria’, NCEMA Policy Analysis Series, Vol. 1, No. 1.
  92. Obadan, M. I. and Ayodele, A. S., 1998, Commercialisation and Privatisation Policy in Nigeria, Ibadan: National Centre for Economic Management and Administration.
  93. OECD, 2004, Privatisation in Sub-Saharan Africa: Where Do We Stand?, Paris: OECD.
  94. Otobo, E. E., 1998, ‘Privatisation and Regulation in Africa: Some Policy Issues’, DPMN Bulletin, Vol. 5, No. 1, December.
  95. Paul, S., 1985, ‘Privatisation and the Public Sector’, Finance and Development, Vol. 22, No. 4, December.
  96. Perroti, E. C. and Guney, S. E., 1993, ‘The Structure of Privatization Plans’, Financial Management, Spring.
  97. Petrazzini, D. and Clark, T. H., 1996, ‘Telephone Privatisation in a Hurry: Argentina’, in Piccioto, S. and Mayne, R., Regulating International Business – Beyond Liberalisation, London: Macmillan.
  98. Perevalov, Y. I., Gimady and Dobrodey, V., 1999, ‘Impact of Privatization on Performance of Industrial Enterprises in Russia’, A paper presented at the First Conference of the Global Development Network, Bonn, 5 – 8 December.
  99. Plane, P., 1997, ‘Privatization and Economic Growth: An Empirical Investigation from A Sample of Developing Market Economies’, Applied Economics, Vol. 29.
  100. Plane, P., 1999, ‘Privatization, Technical Efficiency and Welfare Consequences: The Case of the Côte d’Ivoire Electricity Company (CIE)’, World Development, Vol. 27.
  101. Pollit, M. G., 1997, ‘The Impact of Liberalization on the Performance of the Electricity Supply Industry’, Journal of Energy Literature, Vol. 3.
  102. Ramanadham, V. V., 1989, ‘Privatisation: The U.K. Experience and Developing Countries’, in Ramanadham, V. V., ed., 1989, Privatisation in Developing Countries, London and New York: Routledge.
  103. Ramamuti, R., 1987, ‘Controlling State-Owned Enterprises’, Public Enterprise, Vol. 7, No. 2, March.
  104. Ramamuti, R., 1997, ‘Testing the Limits of Privatisation: Argentine Railroads’, World Development, Vol. 25, No. 2.
  105. Ram, R., 1996, ‘Productivity of Public and Private Investment in Developing Countries: A Broad International Perspective’, World Development, Vol. 24, No. 4
  106. Ros, A. J., 1999, ‘Does Ownership or Competition Matter? The Effects of Telecommunications Reform on Network Expansion and Efficiency’, Journal of Regulatory Economics, Vol. 15.
  107. Ros, A. J. and Barnejee, A., 2000, ‘Telephone Privatization and Tariff Rebalancing: Evidence from Latin America’, Telecommunications Policy, Vol. 24.
  108. Sachs, J., Zinnes, C. and Eilat, Y., 2000, ‘The Gains from Privatisation in Transition Economies: Is “Change of Ownership Enough?”’, CAER II Discussion Paper 63, Cambridge, Massachusetts: Harvard Institute for International Development.
  109. Samuel, S. B., 1999, ‘African Privatisation: A New Look’, IFC Impact, Vol. 3, No. 3.
  110. Schwartz, G. and Lopes, P. S., 1993, ‘Privatization: Expectations, Trade–Offs and Results’,Finance and Development, Vol. 30, No. 2, June.
  111. Schmidt, K. M., 2000, ‘The Political Economy of Mass Privatisation and the Risk of Expropriation’, European Economic Review, Vol. 44.
  112. Shackleton, J. R., 1984 ‘Privatisation: The Case Examined, National Westminister Bank Quarterly Review, May.
  113. Shapiro, C. and Willig, R. D., 1990, ‘Economic Rationale for Privatisation in Industrial and Developing Countries’, in Suleiman, A., ed., The Political Economy of Public Sector Reform and Privatisation, Boulder: Westview Press.
  114. Shapiro, C. and Willig, R., 1990, Economic Rationales for the Scope of Privatization/The Political Economy of Public Sector Reform and Privatizatio, London: Westview Press.
  115. Shephard, W., 1984, ‘Contestability Vs Competition’, American Economic Review, Vol. 74.
  116. Shleifer, A. and Vishny, R., 1994, ‘Politicians and Firms’, Quarterly Journal of Economics,Vol. 109.
  117. Shirely, M. and Nellis, J., 1991, Public Enterprise Reform: The Lessons of Experience, EDI Development Studies, Washington D.C: The World Bank.
  118. Shirely, M., 1983, ‘Managing State-owned Enterprises’, World Bank Staff Working Paper 577, Washington D.C: The World Bank.
  119. Shirely, M., 1988, ‘The Experience with Privatisation’, Finance and Development, Vol. 25, No. 3, June.
  120. Shirely, M. and Walsh, P., 2000, ‘Public Versus Private Ownership: The Current State of the Debate, World Bank Working Paper, No. 2420.
  121. Starr, P., 1988, ‘The Meaning of Privatization’, Yale Law and Policy Review, Vol. 6.
  122. Stiglitz, J. E., 1999 ‘Knowledge for Development: Economic Science, Economic Policy, and Economic Advice’, in Pleskovic, B., and J. Stiglitz, eds., Annual World Bank Conference on Development Economics, Washington, D.C: The World Bank.
  123. Stiglitz, J. E., 2000, ‘Whither Reform? Ten Years of the Transition’, in Pleskovic, B. and Stiglitz, J. E., eds., Annual World Bank Conference on Development Economics, Washington D.C: IBRD/The World Bank.
  124. Taiwo, I. O., 1989, ‘Potential Effects of Privatization on Economic Growth: The Nigerian Case’, East Africa Economic Review, New Series, Vol. 5, No. 1.
  125. Tandri, R. and Mwenda, P., 2001, ‘Corruption and Cronyism in Uganda’s Privatisation in the 1990s’, African Affairs, Vol. 100, No. 398.
  126. Tandon, P., 1995, ‘Welfare Effects of Privatisation: Some Evidence from Mexico’, Boston University International Law Journal, Vol. 13, No. 2.
  127. Temi, A. and Due, J. M., 1998, ‘The Success of Newly Privatised Companies: New Evidence from Tanzania’, Canadian Journal of Development Studies, Vol. 19, No. 2.
  128. Todaro, M. P., 1989, Economic Development in the Third World, Fourth Edition, New York:Longman.
  129. Todaro, M. P., 1989, ‘Monetary and Fiscal Policy: The Role and Limitations of the State’, Economic Development in the Third World, Fourth Edition, New York: Longman.
  130. Valentiny, P., 1991, ‘Hungarian Privatisation in International Perspective’, Public Enterprise, Vol. 11, Nos. 2 – 3, June – Sept.
  131. Van de Walle, N., 1989, ‘Privatization in Developing Countries: A Review of the Issues’, World Development, Vol. 17, No. 5, May.
  132. Van Dijk, M. P. and Nordholt, N. G. S., eds., 1994, Privatization Experiences in African and Asian Countries, Amsterdam: SISWO Publikatie.
  133. Van Dijk, M. P., 1994, ‘Privatisation in Africa: Experiences from North and West Africa’, in Van Dijk, M. P. and Nordholt, N. G. S., eds., Privatisation Experiences in African and Asian Countries: An Economic and Political Analysis of Institutional Transformation, Amsterdam: SISWO Publikatie.
  134. Vernon–Wortzel, H. and Wortzel, L.H., 1989 ‘Privatization: Not the Only Answer’,World Development, Vol. 17, No.5, May.
  135. Vernon, R., 1984, ‘Linking Managers with Ministers’, Journal of Policy Analysis and Management, Vol. 4, No. 1, January.
  136. Vickers, J. and Yarrow, G., 1985, Privatization and the Natural Monopolies, London: Public Policy Centre.
  137. Vickers, J. and Yarrow, G., 1988, Privatization: An Economic Analysis, Cambridge, Massachusetts:The MIT Press.
  138. Wallsten, S. J., 2001, ‘An Econometric Analysis of Telecom Competition, Privatization and Regulation in Africa and Latin America’, Journal of Industrial Economics, Vol. XLIX, No. 1.

Downloads

PDF file

Published

February 26, 2008

Language

English

Series

CODESRIA Books
Copyright (c) 2008 CODESRIA Books Publication System

Details about this monograph

Physical Dimensions

Cite this book

APA Obadan, M. I. (2008). The Economic and Social Impact of Privitization of State-owned Enterprises in Africa. CODESRIA. https://doi.org/10.57054/codesria.pub.160

For LaTeX, JabRef For Zotero, Mendeley, EndNote
Other citation styles

Chicago Obadan, Mike I. The Economic and Social Impact of Privitization of State-owned Enterprises in Africa. Dakar: CODESRIA, 2008. https://doi.org/10.57054/codesria.pub.160.

MLA Obadan, Mike I.. The Economic and Social Impact of Privitization of State-owned Enterprises in Africa. CODESRIA, 2008. https://doi.org/10.57054/codesria.pub.160.

Share this book

Send by email WhatsApp LinkedIn X Facebook

More in this series

See all