Download or read book Privatization and Enterprise Performance in Nigeria written by Afeikhena Jerome and published by . This book was released on 2008 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization and Public Enterprises written by Mr.Richard Hemming and published by International Monetary Fund. This book was released on 1998-09-15 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the public to the private sector, with particular reference to asset sales. It is therefore equated with total or partial denationalization. Economic efficiency is not only the key to improving the performance of the public enterprise sector, but is also the source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises that are subject to national or international competition, privatization offers the possibility of increased productive efficiency as government financial backing is withdrawn and bankruptcy and takeover become possibilities. The admissibility and desirability of privatization, as well as what types of enterprise should be privatized, ought to be determined by similar considerations in both industrial and developing countries.
Download or read book Principles and Practice of Governing of Men written by Felix K. Alonge and published by University Press Plc Nigeria. This book was released on 2005 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive outline of the principles and concepts of governance in society, the rights and responsibilities of citizens in a development context, and the successes and failures of government in Nigeria. It further assesses the political role of Nigeria in the international community, in particular, its relationship with the UN, the African Union, ECOWAS and the Commonwealth.
Download or read book Privatization and Foreign Investments in Nigeria written by Lawrence Okechukwu Azubuike and published by Universal-Publishers. This book was released on 2009 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria's political economy has straddled the ideological divide between socialism and capitalism. The country produces oil, and at some point in its existence, it embarked on robust state involvement in the economy. This was marked by the acquisition, or establishment, of numerous state enterprises. Over the years, the performance of these enterprises was found to be dismal, and as part of the overall reform of the economy, Nigeria has joined the global trend toward reduction in direct state ownership of enterprises. Indeed, it has embarked on massive divestment of state interests in once publicly owned firms. Besides the universal rationale of efficiency, one of the objectives of the privatization exercise in Nigeria is the attraction and retention of foreign investments. This work examines the direct and indirect linkage between the government's divestiture of its interests in firms, on the one hand, and foreign investments in the country, on the other hand. The book is divided into seven chapters. Chapter 1 reviews the political and economic history of Nigeria, to set the background and context that necessitated the introduction of the reform package of which privatization is just an aspect. Chapter 2 is a discussion of various natures of state involvement in an economy. This ranges from mere regulation to active participation. The chapter discusses the competing conceptual and ideological theories and tries to situate the Nigerian experience within the broader conceptual dichotomies of capitalism, socialism and the via media of mixed economy. Chapter 3 is an examination of the meaning and rationales for privatization of state owned enterprises generally and the Nigerian attempts in particular. Nigeria's privatization program is an ongoing exercise. Yet two distinct attempts are identifiable: one which started in 1988 and the reinvigoration of the exercise, albeit with new constitutive frameworks, in 1999. Thus, Chapters 4 and 5 review the legal and institutional frameworks for these two exercises. Chapter 6 deals with foreign investments in Nigeria. The discussion encapsulates the pros and cons of foreign investments, especially in Nigeria. Chapter 7 explores the direct and indirect linkages between the privatization program in Nigeria and foreign investments in the country. This is particularly apposite because one of the touted objectives of the privatization exercise is the attraction of foreign investments. A conclusion follows. The work finds that although foreign investments appear to have been indirectly boosted by the privatization exercise, foreign investors initially did not show interest in direct acquisition of the shares and other interests being relinquished by the government, but that that attitude has been changing gradually.
Download or read book Privatization written by John R. Nellis and published by World Bank Publications. This book was released on 1992-01-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development. The report deemed it is within the Bank's mandate to focus on the following: -the process by which authority is exercised in the management of a country's economic and social resources -the capacity of governments to design, formulate, and implement policies and discharge functions. Also available: Governance: The World Bank's Experience (ISBN 0-8213-2804-2) Stock No. 12804.
Download or read book How Does Privatization Work written by Anthony Bennett and published by Routledge. This book was released on 2002-09-11 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization has been one of the most important elements of public policy in the last decade and there have been massive transfers of ownership from the public to the private sector on a national and international level. This book combines thematic papers with country case studies to discuss the mechanisms which have enabled this to occur, and to assess privatization's mixed achievements. The authors, international academics, practitioners and consultants and the process of privatization is discussed in East Germany, Nigeria, Pakistan, Guyana, Sri Lanka, Trinidad and Tobago, and Great Britain.
Download or read book Privatization in Nigeria written by Dennis O. Odife and published by . This book was released on 1988 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Sector Reform written by Jan-Erik Lane and published by SAGE. This book was released on 1997-12-12 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deregulation, privatization and marketization have become the bywords for the reforms and debates surrounding the public sector. This major book is unique in its comparative analysis of the reform experience in Western and Eastern Europe, Australia, New Zealand and Canada. Leading experts identify a number of key factors to systematically explain the similarities and differences, map common problems and together reflect on the future shape of the public sector, exploring significant themes in a lively and accessible way.
Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
Download or read book Human Rights Or Global Capitalism written by Manfred Nowak and published by University of Pennsylvania Press. This book was released on 2017 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human Rights or Global Capitalism examines the application of neoliberal policies from a human rights perspective and asks whether states, by outsourcing to the private sector many services with a direct impact on human rights, abdicate their responsibilities to uphold human rights and violate international law.
Download or read book Democratic Governance and Political Participation in Nigeria 1999 2014 written by Femi Omotoso and published by African Books Collective. This book was released on 2016-05-21 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 1999 was a watershed in the history of Nigeria as it witnessed the peaceful transfer of power from the military to the political class. Given Nigerias tumultuous history of successive military interventions, this development was the first genuine transition that saw the military elite transferring political power to civilians without itching to stage a comeback. This edited volume, composed of 22 chapters discusses the form, trajectory and substance of democratic governance in post-military Nigeria between 1999 and 2014. It is a compilation of well researched essays and narratives on Nigerian government and politics. The book is a multi-disciplinary assessment of Nigerias democratic strides, including contributions from scholars in a broad range of disciplines such as history, sociology and anthropology, political science, economics, international relations, among others. The book examines the factors responsible for the resilience of the current democratic governance structures, in spite of centripetal and centrifugal forces frustrating democratic consolidation in the country. It equally interrogates these factors and makes appropriate recommendations for overcoming them. Key themes covered in the book in the Boko Haram insurgency, governance and corruption, militancy, sharia law, Islamic banking amongst others. It sheds light on contending issues affecting, afflicting and retarding the countrys progress. Issues like ethnicity, electoral corruption, human rights abuses, privatization of national assets, kidnapping and armed robbery, overbearing leadership personality and many more are critically discussed. Local government autonomy and the challenges of grassroots development and civil service administration are also thoroughly analysed. Democratic Governance and Political Participation in Nigeria 1999-2014 is a detailed, exhaustive, deep, stimulating and captivating narrative of the Nigerian situation. It is enthusiastically recommended for those who wish to know more about contemporary Nigerian history. As a collection of contemporary issues on the Nigerian government and politics, the book is recommended for courses in politics and governance in Nigeria in particular and Africa in general. It is an invaluable companion for both graduate and undergraduate students as well as scholars of African politics.
Download or read book Privatization in Africa written by Emile Sawaya and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Note analyzes Zambia's reasons, and measures for success in privatization. It stipulates the following key indicators for assessing the performance of divestiture programs in Africa: the extent of divestiture; fiscal impact; the efforts made, and achievement in broadening ownership; the level of foreign direct investment attracted; enterprise post-privatization performance; the depth and quality of program design and management; and, transparency and government commitment. Of these, Zambia rates medium to high on all indicators, and the note outlines that commitment is what gave prominence to the private sector's role in the process. However, the privatization program has not been without its problems. Because of its fragile economic situation, the country was not readily attractive to foreign investors; but, multinational companies who have invested in Zambia are impressed with the way the program is being managed. As a result, the country is now one of the most attractive to investors in Africa.
Download or read book Reforming the Unreformable written by Ngozi Okonjo-Iweala and published by MIT Press. This book was released on 2014-08-29 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: A report on development economics in action, by a crucial player in Nigeria's recent reforms. Corrupt, mismanaged, and seemingly hopeless: that's how the international community viewed Nigeria in the early 2000s. Then Nigeria implemented a sweeping set of economic and political changes and began to reform the unreformable. This book tells the story of how a dedicated and politically committed team of reformers set out to fix a series of broken institutions, and in the process repositioned Nigeria's economy in ways that helped create a more diversified springboard for steadier long-term growth. The author, Harvard- and MIT-trained economist Ngozi Okonjo-Iweala, currently Nigeria's Coordinating Minister for the Economy and Minister of Finance and formerly Managing Director of the World Bank, played a crucial part in her country's economic reforms. In Nigeria's Debt Management Office, and later as Minister of Finance, she spearheaded negotiations with the Paris Club that led to the wiping out of $30 billion of Nigeria's external debt, 60 percent of which was outright cancellation. Reforming the Unreformable offers an insider's view of those debt negotiations; it also details the fight against corruption and the struggle to implement a series of macroeconomic and structural reforms. This story of development economics in action, written from the front lines of economic reform in Africa, offers a unique perspective on the complex and uncertain global economic environment.
Download or read book Development Centre Studies Privatisation in Sub Saharan Africa Where Do We Stand written by Berthélemy Jean-Claude and published by OECD Publishing. This book was released on 2004-02-12 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines recent progress made in the region’s privatisation effort in Sub-Saharan Africa. With cumulative proceeds of privatisation accounting for just $8 billion compared to $46 billion in transition economies over the same period, it is ...
Download or read book Corporate Governance A Policy Maker s Guide to Privatisation written by OECD and published by OECD Publishing. This book was released on 2019-03-21 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers and privatisation experts agree that it is critical to “get privatisation right.” A well-planned and executed transaction, backed by sound rationales, institutional and regulatory arrangements, good governance, and integrity can have consequences on future divestment activity by enhancing investor confidence while gaining the support of stakeholders and the public.
Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Administration written by 'Ladipo Adamolekun and published by Longman Publishing Group. This book was released on 1983 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
