Privatization in Africa: Domestic Origins, Current Status and Future Scenarios
- 1 January 1987
- journal article
- Published by Cambridge University Press (CUP) in Issue: A Journal of Opinion
- Vol. 16 (2) , 24-29
- https://doi.org/10.1017/s0047160700500687
Abstract
Few phenomena in recent years have sparked as much fervent support and militant opposition as “privatization.” Narrowly defined, privatization means selling state owned assets to private buyers. Its proponents insist that privatization improves micro-economic efficiency and enhances macro-economic growth. Its opponents counter that privatization is a non-starter politically and impractical economically. One side tends to see privatization as a private sector panacea; the other an imperialist curse.Keywords
This publication has 2 references indexed in Scilit:
- Privatization in Theory and PracticeEconomic Policy, 1986
- Marketing without and with marketing boards: the origins of state marketing boards in NigeriaReview of African Political Economy, 1985