Privatization and Public Enterprises

Privatization and Public Enterprises

Author: Mr.Richard Hemming

Publisher: International Monetary Fund

Published: 1998-09-15

Total Pages: 34

ISBN-13: 9781557750051

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This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the public to the private sector, with particular reference to asset sales. It is therefore equated with total or partial denationalization. Economic efficiency is not only the key to improving the performance of the public enterprise sector, but is also the source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises that are subject to national or international competition, privatization offers the possibility of increased productive efficiency as government financial backing is withdrawn and bankruptcy and takeover become possibilities. The admissibility and desirability of privatization, as well as what types of enterprise should be privatized, ought to be determined by similar considerations in both industrial and developing countries.


The Causes of Instability in Nigeria and Implications for the United States

The Causes of Instability in Nigeria and Implications for the United States

Author: Clarence J. Bouchat

Publisher: Army War College Press

Published: 2013

Total Pages: 136

ISBN-13:

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The political economy problems of Nigeria, the root cause for ethnic, religious, political and economic strife, can be in part addressed indirectly through focused contributions by the U.S. military, especially if regionally aligned units are more thoroughly employed.


Nigerian Unity

Nigerian Unity

Author: Gerald McLoughlin

Publisher: Army War College Press

Published: 2013

Total Pages: 0

ISBN-13: 9781584875772

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Nigeria¿s future as a unified state is in jeopardy. Those who make or execute U.S. policy will find it difficult to advance U.S. interests in Africa without an understanding of the pressures that tear and bind Nigeria. Despite this, the centrifugal forces that tear at the country and the centripetal forces that have kept it whole are not well understood and rarely examined. After establishing Nigeria¿s importance to the United State as a cohesive and functioning state, this monograph examines the historic, religious, cultural, political, physical, demographic, and economic factors that will determine Nigeria¿s fate. It identifies the specific fault lines along which Nigeria may divide. It concludes with practical policy recommendations for the United States to support Nigerians in their efforts to maintain a functioning and integrated state, and, by so doing, advance U.S. interests.


State-owned enterprises in Africa and the economics of public service delivery

State-owned enterprises in Africa and the economics of public service delivery

Author: Fulufhelo G. Netswera

Publisher: AOSIS

Published: 2023-03-01

Total Pages: 290

ISBN-13: 1776342380

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This book intends to provide a continuous assessment of the crisis in governance in Africa. As it is, there are huge deficits in the capacity of African states to harness vast human and material resources to promote good governance. This manifests in pervasive corruption, collapsed service delivery, collapsed state-owned enterprises, eroded social trust, capital flight, escalating levels of poverty and wars, human insecurity, and stunted growth. The public sector is the pulse of service delivery because the entire governance system revolves around the sourcing of materials and services, mostly from the private sector, in order to achieve its public policy intents. The procurement process, therefore, ordinarily ought to yield positive economic outcomes and an efficiency-driven system in favour of the government itself and its service recipients. However, this more often than not is not the case. Despite its enormous wealth, the African continent is in an economic quagmire, a dilemma that requires multi-facet research activities. This is the motivation for this book.


Democracy and Nigeria's Fourth Republic

Democracy and Nigeria's Fourth Republic

Author: Wale Adebanwi

Publisher: Boydell & Brewer

Published: 2023-09-19

Total Pages: 465

ISBN-13: 1847013511

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Examines Nigeria's challenges with consolidating democracy and the crisis of governance arising from structural errors of the state and the fundamental contradictions of the society in Nigeria's Fourth Republic reflect a wider crisis of democracy globally. 'Today we are taking a decisive step on the path of democracy, ' the newly sworn-in President Olusegun Obasanjo told Nigerians on 27 May 1999. 'We will leave no stone unturned to ensure sustenance of democracy, because it is good for us, it is good for Africa, and it is good for the world.' Nigeria's Fourth Republic has survived longer than any of the previous three Republics, the most durable Republic in Nigeria's more than six decades of independence. At the same time, however, the country has witnessed sustained periods of violence, including violent clashes over the imposition of Sharia'h laws, insurgency in the Niger Delta, inter-ethnic clashes, and the Boko Haram insurgency. Despite these tensions of, and anxieties about, democratic viability and stability in Nigeria, has democratic rule come to stay in Africa's most populous country? Are the overall conditions of Nigerian politics, economy and socio-cultural dynamics now permanently amenable to uninterrupted democratic rule? Have all the social forces which, in the past, pressed Nigeria towards military intervention and autocratic rule resolved themselves in favour of unbroken representative government? If so, what are the factors and forces that produced this compromise and how can Nigeria's shallow democracy be sustained, deepened and strengthened? This book attempts to address these questions by exploring the various dimensions of Nigeria's Fourth Republic in a bid to understand the tensions and stresses of democratic rule in a deeply divided major African state. The contributors engage in comparative analysis of the political, economic, social challenges that Nigeria has faced in the more than two decades of the Fourth Republic and the ways in which these were resolved - or left unresolved - in a bid to ensure the survival of democratic rule. This key book that examines both the quality of Nigeria's democratic state and its international relations, and issues such as human rights and the peace infrastructure, will be invaluable in increasing our understanding of contemporary democratic experiences in the neo-liberal era in Africa.


African Management

African Management

Author: Aida Sy

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2020-07-06

Total Pages: 236

ISBN-13: 311062902X

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This book offers a panoramic view of the state of management research and practice in Africa. One of its objectives is to recognize current advances in management, applied economics and organizational research in some of the 54 nations that form the continent. The focus will be on new developments across the region with a particular emphasis on the defining cultural and traditional elements and innovations that make African management different.


Corporate Governance in Emerging Markets

Corporate Governance in Emerging Markets

Author: Sabri Boubaker

Publisher: Springer Science & Business Media

Published: 2014-04-01

Total Pages: 625

ISBN-13: 3642449557

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This book fills the gap between theories and practices of corporate governance in emerging markets by providing the reader with an in-depth understanding of governance mechanisms, practices and cases in these markets. It is an invaluable resource not only for academic researchers and graduate students in law, economics, management and finance but also for people practicing governance such as lawmakers, policymakers and international organizations promoting best governance practices in emerging countries. Investors can benefit from this book to better understand of these markets and to make judicious investment decisions.