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: Centre d'Economie de la Sorbonne, https://centredeconomiesorbonne.univ-paris1.fr

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

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; determinants; impacts; Djibouti (search for similar items in EconPapers)
JEL-codes: F23 F33 F35 H54 H82 L33 O17 O55 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2013-04
New Economics Papers: this item is included in nep-tre
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:13036

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