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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The Politics of State Divestiture in Ghana
Author:Tangri, Roger
Periodical:African affairs: the journal of the Royal African Society
Geographic term:Ghana
Subjects:public sector
Politics and Government
Economics and Trade
Abstract:A consensus has emerged that Africa's State-owned sector has performed poorly. With few exceptions, public enterprises have revealed pervasive patterns of inefficiency, maladministration, and financial liability. Privatization or divestiture of State-owned enterprises is widely viewed as a key step on the road to economic recovery. Yet political reasons make privatization on a large scale in Africa unlikely. Instead, African governments have shown more concern for reform and rehabilitation of public enterprises to improve their operations than they have to divest them to the private sector. At first glance, the process of privatization in Ghana under the Provisional National Defence Council (PNDC) would appear to conform to this picture. Very limited public divestiture has, in fact, been implemented. As to why State divestiture in Ghana has been limited, and as to whether it will remain limited, are questions examined in this paper. Notes, ref.