Privatization in Africa : The Zambian Example

The Note analyzes Zambia's reasons, and measures for success in privatization. It stipulates the following key indicators for assessing the performance of divestiture programs in Africa: the extent of divestiture; fiscal impact; the efforts ma...

Full description

Bibliographic Details
Main Author: Emile Sawaya
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/1996/10/5496419/privatization-africa-zambian-example
http://hdl.handle.net/10986/9952
id okr-10986-9952
recordtype oai_dc
spelling okr-10986-99522021-04-23T14:02:47Z Privatization in Africa : The Zambian Example Emile Sawaya PRIVATIZATION POLICY PRIVATIZATION CRITERIA GOVERNMENT COMMITMENTS PERFORMANCE INDICATORS DIVESTITURE PROGRAM MANAGEMENT FISCAL EFFICIENCY PRIVATE OWNERSHIP FOREIGN DIRECT INVESTMENTS INVESTOR CONFIDENCE ENTERPRISE DEVELOPMENT PROGRAM DESIGN The Note analyzes Zambia's reasons, and measures for success in privatization. It stipulates the following key indicators for assessing the performance of divestiture programs in Africa: the extent of divestiture; fiscal impact; the efforts made, and achievement in broadening ownership; the level of foreign direct investment attracted; enterprise post-privatization performance; the depth and quality of program design and management; and, transparency and government commitment. Of these, Zambia rates medium to high on all indicators, and the note outlines that commitment is what gave prominence to the private sector's role in the process. However, the privatization program has not been without its problems. Because of its fragile economic situation, the country was not readily attractive to foreign investors; but, multinational companies who have invested in Zambia are impressed with the way the program is being managed. As a result, the country is now one of the most attractive to investors in Africa. 2012-08-13T09:58:28Z 2012-08-13T09:58:28Z 1996-10 http://documents.worldbank.org/curated/en/1996/10/5496419/privatization-africa-zambian-example http://hdl.handle.net/10986/9952 English Africa Region Findings & Good Practice Infobriefs; No. 72 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa Zambia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PRIVATIZATION POLICY
PRIVATIZATION CRITERIA
GOVERNMENT COMMITMENTS
PERFORMANCE INDICATORS
DIVESTITURE
PROGRAM MANAGEMENT
FISCAL EFFICIENCY
PRIVATE OWNERSHIP
FOREIGN DIRECT INVESTMENTS
INVESTOR CONFIDENCE
ENTERPRISE DEVELOPMENT
PROGRAM DESIGN
spellingShingle PRIVATIZATION POLICY
PRIVATIZATION CRITERIA
GOVERNMENT COMMITMENTS
PERFORMANCE INDICATORS
DIVESTITURE
PROGRAM MANAGEMENT
FISCAL EFFICIENCY
PRIVATE OWNERSHIP
FOREIGN DIRECT INVESTMENTS
INVESTOR CONFIDENCE
ENTERPRISE DEVELOPMENT
PROGRAM DESIGN
Emile Sawaya
Privatization in Africa : The Zambian Example
geographic_facet Africa
Zambia
relation Africa Region Findings & Good Practice Infobriefs; No. 72
description The Note analyzes Zambia's reasons, and measures for success in privatization. It stipulates the following key indicators for assessing the performance of divestiture programs in Africa: the extent of divestiture; fiscal impact; the efforts made, and achievement in broadening ownership; the level of foreign direct investment attracted; enterprise post-privatization performance; the depth and quality of program design and management; and, transparency and government commitment. Of these, Zambia rates medium to high on all indicators, and the note outlines that commitment is what gave prominence to the private sector's role in the process. However, the privatization program has not been without its problems. Because of its fragile economic situation, the country was not readily attractive to foreign investors; but, multinational companies who have invested in Zambia are impressed with the way the program is being managed. As a result, the country is now one of the most attractive to investors in Africa.
format Publications & Research :: Brief
author Emile Sawaya
author_facet Emile Sawaya
author_sort Emile Sawaya
title Privatization in Africa : The Zambian Example
title_short Privatization in Africa : The Zambian Example
title_full Privatization in Africa : The Zambian Example
title_fullStr Privatization in Africa : The Zambian Example
title_full_unstemmed Privatization in Africa : The Zambian Example
title_sort privatization in africa : the zambian example
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1996/10/5496419/privatization-africa-zambian-example
http://hdl.handle.net/10986/9952
_version_ 1764411267529834496