This study spotlights the progress made in the region’s privatisation effort over the last decade. With cumulative proceeds of privatisation accounting for just $8 billion compared to $46 billion in transition economies over the same period, it is clearly still in its infancy.
Until now, available data on privatisation in Sub-Saharan Africa has been, at best, sketchy and, at worst, non-existent. This book is an important step in bridging the gap by drawing together analysis on the conditions of both successful and failed projects throughout the region. It charts progress, outlines the privatisation methods used, then questions whether the objectives have been achieved using case studies to highlight certain projects. Finally, it takes a closer look at the impact privatisation has had on alleviating poverty in terms of the fiscal, pricing and employment implications.
Privatisation in Sub-Saharan Africa: Where Do We Stand? shows that, where governance issues, regulation and transparency are given prominence, privatisation can, and has, delivered much of its promises.
It is essential reading for policy makers involved in the privatisation process, as well as for those who advise them and for donors who support them.
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Development Centre Studies
Privatisation in Sub-Saharan Africa: Where Do We Stand?
Jean-Claude Berthélemy, Céline Kauffmann, Marie-Anne Valfort, Lucia Wegner
Available in print (paperback) and electronic format (pdf)
156 pages, OECD, Paris 2003
This publication is available from the OECD Online Bookshop: www.oecd.org/bookshop .