Privatization in Africa
In a way, the story of privatization in Africa reflects some of the problems which have beset many other development processes: lack of political commitment, poor design, insufficient resources, weak management, and corruption. Privatization in Afr...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/1999/04/12586597/privatization-africa http://hdl.handle.net/10986/9869 |
| Summary: | In a way, the story of privatization in
Africa reflects some of the problems which have beset many
other development processes: lack of political commitment,
poor design, insufficient resources, weak management, and
corruption. Privatization in Africa is the outcome of a
study undertaken during 1995 and 1996. Up to that time,
privatization throughout the continent had been slow, with
few visible results and a general feeling among observers
and donors that African governments' commitment to the
process was generally half-hearted. The purpose of the study
was to answer three questions about privatization: (i) what
has been happening? (ii) What has resulted? And (iii) what
could be done to improve the process in terms of outcome.
The data and analyses presented to answer these questions
fill a significant gap in the published literature on
privatization in Africa. The case-study countries were
Benin, Burkina Faso, Ghana, Kenya, Madagascar, Nigeria,
Togo, Uganda, and Zambia. The study shows that more
privatization has been happening across Africa than was
generally thought to be the case; but it also raises many
issues about how the process has been planned and
implemented. The controversy starts with why African
governments have privatized. The study maintains that the
evidence suggests that most governments have privatized
reluctantly and not for the reasons set out in policy statements. |
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