The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back?
From the outset state-owned enterprises (SOE) financial and economic performance generally failed to meet the expectations of their creators and funders. There were African SOEs that performed, at least for a time, adequately and sometimes very well, by the most stringent of standards (e.g., Ethiopi...
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| Format: | Other Infrastructure Study |
| Language: | English en_US |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/11/6759039/evolution-enterprise-reform-africa-fromm-stat-owned-enterprises-private-participation-infrastructure-back http://hdl.handle.net/10986/8472 |
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okr-10986-84722021-04-23T14:02:39Z The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back? World Bank ACCOUNTING AIR AUDITORS AUTONOMY BANKING SYSTEM BRIDGE CAPITAL MARKETS COMMERCIAL CREDIT COMMERCIAL ENTERPRISES COMPANY CONTRACT TERMINATION CORPORATIZATION DEBT DEPRECIATION ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC POLICIES ELECTRIC GENERATORS ELECTRICITY ELECTRICITY GENERATION EMPIRICAL EVIDENCE EMPLOYMENT ENERGY MARKETS ENERGY SECTOR ENTERPRISE REFORM ENTREPRENEURS EXPANSION FINANCIAL BURDEN FINANCIAL BURDENS FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL REPORTING FIRMS GOVERNMENT CONTROL GOVERNMENT INTERVENTION GOVERNMENT INVOLVEMENT HEAVY RELIANCE INCOME DISTRIBUTION INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PERFORMANCE INFRASTRUCTURE REFORM INFRASTRUCTURE SECTORS INFRASTRUCTURE SERVICES INVESTMENT CAPITAL LEGAL STATUS LIQUIDATION NET LOSSES NET WORKING CAPITAL OPERATING COSTS PETROLEUM PRODUCTS PRIVATE CAPITAL PRIVATE FIRMS PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENT IN INFRASTRUCTURE PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR INVOLVEMENT PRIVATE SECTOR PARTICIPATION PRIVATIZATION PUBLIC PUBLIC ENTERPRISE SECTOR PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SECTOR INVOLVEMENT PUBLIC TRANSPORT QUALITY OF SERVICE RAILWAYS REFORM PROGRAMS ROAD STATE INTERVENTION STRUCTURAL ADJUSTMENT SUB-SAHARAN AFRICA SUPPLIERS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADERS TRANSITION ECONOMIES TRANSPORT TRANSPORT SECTOR URBAN WATER WATER DEPARTMENT WATER SYSTEM WEALTH WORKING CAPITAL From the outset state-owned enterprises (SOE) financial and economic performance generally failed to meet the expectations of their creators and funders. There were African SOEs that performed, at least for a time, adequately and sometimes very well, by the most stringent of standards (e.g., Ethiopian Airlines, the Kenya Tea Development Authority, Sierra Leone's Guma Valley Water Company). But the good performers were heavily outnumbered by the bad. Numerous studies and reports from this period document the poor technical and financial performance of African SOEs in general and infrastructure SOEs in particular. Many of the latter failed to produce a sufficient quantity or a high quality of service or product, and posed increasing financial burdens on strained state budgets. 2012-06-19T19:51:21Z 2012-06-19T19:51:21Z 2005-11 http://documents.worldbank.org/curated/en/2005/11/6759039/evolution-enterprise-reform-africa-fromm-stat-owned-enterprises-private-participation-infrastructure-back http://hdl.handle.net/10986/8472 English en_US Energy Sector Management Assistance Programme (ESMAP) technical paper series;no. 84 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Infrastructure Study Economic & Sector Work Africa Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING AIR AUDITORS AUTONOMY BANKING SYSTEM BRIDGE CAPITAL MARKETS COMMERCIAL CREDIT COMMERCIAL ENTERPRISES COMPANY CONTRACT TERMINATION CORPORATIZATION DEBT DEPRECIATION ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC POLICIES ELECTRIC GENERATORS ELECTRICITY ELECTRICITY GENERATION EMPIRICAL EVIDENCE EMPLOYMENT ENERGY MARKETS ENERGY SECTOR ENTERPRISE REFORM ENTREPRENEURS EXPANSION FINANCIAL BURDEN FINANCIAL BURDENS FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL REPORTING FIRMS GOVERNMENT CONTROL GOVERNMENT INTERVENTION GOVERNMENT INVOLVEMENT HEAVY RELIANCE INCOME DISTRIBUTION INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PERFORMANCE INFRASTRUCTURE REFORM INFRASTRUCTURE SECTORS INFRASTRUCTURE SERVICES INVESTMENT CAPITAL LEGAL STATUS LIQUIDATION NET LOSSES NET WORKING CAPITAL OPERATING COSTS PETROLEUM PRODUCTS PRIVATE CAPITAL PRIVATE FIRMS PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENT IN INFRASTRUCTURE PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR INVOLVEMENT PRIVATE SECTOR PARTICIPATION PRIVATIZATION PUBLIC PUBLIC ENTERPRISE SECTOR PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SECTOR INVOLVEMENT PUBLIC TRANSPORT QUALITY OF SERVICE RAILWAYS REFORM PROGRAMS ROAD STATE INTERVENTION STRUCTURAL ADJUSTMENT SUB-SAHARAN AFRICA SUPPLIERS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADERS TRANSITION ECONOMIES TRANSPORT TRANSPORT SECTOR URBAN WATER WATER DEPARTMENT WATER SYSTEM WEALTH WORKING CAPITAL |
| spellingShingle |
ACCOUNTING AIR AUDITORS AUTONOMY BANKING SYSTEM BRIDGE CAPITAL MARKETS COMMERCIAL CREDIT COMMERCIAL ENTERPRISES COMPANY CONTRACT TERMINATION CORPORATIZATION DEBT DEPRECIATION ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC POLICIES ELECTRIC GENERATORS ELECTRICITY ELECTRICITY GENERATION EMPIRICAL EVIDENCE EMPLOYMENT ENERGY MARKETS ENERGY SECTOR ENTERPRISE REFORM ENTREPRENEURS EXPANSION FINANCIAL BURDEN FINANCIAL BURDENS FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL REPORTING FIRMS GOVERNMENT CONTROL GOVERNMENT INTERVENTION GOVERNMENT INVOLVEMENT HEAVY RELIANCE INCOME DISTRIBUTION INFRASTRUCTURE INVESTMENT INFRASTRUCTURE PERFORMANCE INFRASTRUCTURE REFORM INFRASTRUCTURE SECTORS INFRASTRUCTURE SERVICES INVESTMENT CAPITAL LEGAL STATUS LIQUIDATION NET LOSSES NET WORKING CAPITAL OPERATING COSTS PETROLEUM PRODUCTS PRIVATE CAPITAL PRIVATE FIRMS PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENT IN INFRASTRUCTURE PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR INVOLVEMENT PRIVATE SECTOR PARTICIPATION PRIVATIZATION PUBLIC PUBLIC ENTERPRISE SECTOR PUBLIC ENTERPRISES PUBLIC OWNERSHIP PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SECTOR INVOLVEMENT PUBLIC TRANSPORT QUALITY OF SERVICE RAILWAYS REFORM PROGRAMS ROAD STATE INTERVENTION STRUCTURAL ADJUSTMENT SUB-SAHARAN AFRICA SUPPLIERS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADERS TRANSITION ECONOMIES TRANSPORT TRANSPORT SECTOR URBAN WATER WATER DEPARTMENT WATER SYSTEM WEALTH WORKING CAPITAL World Bank The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back? |
| geographic_facet |
Africa Africa |
| relation |
Energy Sector Management Assistance Programme (ESMAP) technical paper series;no. 84 |
| description |
From the outset state-owned enterprises (SOE) financial and economic performance generally failed to meet the expectations of their creators and funders. There were African SOEs that performed, at least for a time, adequately and sometimes very well, by the most stringent of standards (e.g., Ethiopian Airlines, the Kenya Tea Development Authority, Sierra Leone's Guma Valley Water Company). But the good performers were heavily outnumbered by the bad. Numerous studies and reports from this period document the poor technical and financial performance of African SOEs in general and infrastructure SOEs in particular. Many of the latter failed to produce a sufficient quantity or a high quality of service or product, and posed increasing financial burdens on strained state budgets. |
| format |
Economic & Sector Work :: Other Infrastructure Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back? |
| title_short |
The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back? |
| title_full |
The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back? |
| title_fullStr |
The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back? |
| title_full_unstemmed |
The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back? |
| title_sort |
evolution of enterprise reform in africa : from state-owned enterprises to private participation in infrastructure—and back? |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2005/11/6759039/evolution-enterprise-reform-africa-fromm-stat-owned-enterprises-private-participation-infrastructure-back http://hdl.handle.net/10986/8472 |
| _version_ |
1764405487614296064 |