Déterminants et perspectives de la privatisation des infrastructures à Djibouti: Leçons tirées de trois études de cas

Arthur Foch ()
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Arthur Foch: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This paper questions the determinants of infrastructure privatization in Djibouti and seeks to explain why this policy is still implemented today. Through case studies, the paper analyses the privatization processes of the port, electricity, and railway sectors. The paper shows that privatization has four major determinants: the presence of favourable contingent elements; the presence of political interests; the extent to which the contractual arrangements conform to government expectations, and the existence of alternative solutions. Furthermore, the paper explains that privatization is still considered today because the change of its target makes the interests of the government, donors, and private investors compatible.

Keywords: Privatization; infrastructure; Privatisation; infrastructures; déterminants; impacts; Djibouti (search for similar items in EconPapers)
Date: 2013-04
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00824823
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Published in 2013

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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-00824823

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