Privatisation in Sub-Saharan Africa: Results, Prospects, and New Approaches

Abstract

Reform of public enterprise sectors has been a key element in adjustment programmes since the early 1980s, in Sub-Saharan Africa as in the rest of the developing world. 1 The prime objective of most PE reform programmes is to increase efficiency of resource use; reduction of fiscal burdens is a linked objective. These are to be achieved first by making the enterprises that are retained in the public sector more productive and, second, by divestiture — reducing the size of the PE sector through the sale or liquidation of state assets, or through other forms of privatisation. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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