The efficiency and effectiveness of Malawian parastatals
Colin Lawson and
Ben Kaluwa
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Ben Kaluwa: Department of Economics, University of Malawi, Postal: Department of Economics, University of Malawi
Journal of International Development, 1996, vol. 8, issue 6, 747-765
Abstract:
Eight Malawian parastatals are studied. Using published data and unique material from structured interviews with senior management, the governance, mode of operation, objectives, efficiency and effectiveness of the companies are examined. They are found to be subject to multiple principals and conflicting objectives. Intervention is multifaceted and non-commercial constraints have been imposed. They have rarely followed or been allowed to follow the reform agendas suggested by either theory or by international agencies. A novel methodology to assess effectiveness is developed, and the characteristics of consistent objectives, autonomy, accountability and performance indicators are identified as crucial to improved performance.
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:8:y:1996:i:6:p:747-765
DOI: 10.1002/(SICI)1099-1328(199611)8:6<747::AID-JID266>3.0.CO;2-#
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