Determinants of Privatisation in Selected Sub-Saharan African Countries: Is Privatisation Politically Induced?

Osman Suliman and Ghirmay Ghebreysus
Additional contact information
Ghirmay Ghebreysus: Grambling State University

Journal of Economic Development, 2001, vol. 26, issue 2, 33-48

Abstract: While African governments and international donors generally support privatisation for stabilisation as an imperative of public finance problems, academicians are more inclined to discuss the efficiency gains of privatisation. Antithetically, some political economists argue that whereas African governments actually de-emphasise privatisation, donors mainly insist on privatisation to promote neoclassical views without offering an alternative to state reform. This paper realises that the main purposes of privatisation in Sub-Saharan Africa have, so far, been multidimensional. It envisages, empirically, the determinants of privatisation in Sub-Saharan Africa using a probit model over the period 1970-1994. The results are supportive of the hypothesis that privatisation in the sample countries is induced by macro-instability and political bias.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.jed.or.kr/full-text/26-2/suliman.PDF (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jed:journl:v:26:y:2001:i:2:p:33-48

Access Statistics for this article

Journal of Economic Development is currently edited by Sung Y. Park

More articles in Journal of Economic Development from Chung-Ang Unviersity, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sung Y. Park ().