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Evaluating privatisation in Zambia

A tale of two processes

Bibliographic Data

ID11904745
AuthorsJohn Craig (0000-0002-5350-0602, University of Leeds, corresponding author)
Year2000
Volume27
Issue85
Publication date2000-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueReview of African Political Economy (JOURNAL)
Journal identifiersISSN: 0305-6244 • E-ISSN: 1740-1720
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/03056240008704472
OpenAlexW1966538767
LanguageEN
Citations received12
References cited6

The programme of state enterprise privatisation pursued by the Zambian government since 1992 has been subject to a number of conflicting evaluations. For some it is a model programme, ‘the most successful in Africa’ (Campbell White and Bhatia, 1998), which stands as an example to other developing countries. For others, it is a deeply flawed experience which allowed for the corrupt acquisition of assets by those linked to the ruling party. This paper argues that these conflicting evaluations are the result of two underlying processes which reflected the political and economic environment in which the policy was implemented. This required the Zambian government to balance, on the one hand, the demands of northern donors and the Bretton Woods institutions that international capital should be provided with an attractive and secure environment for investment and, on the other hand, those in the ruling party's domestic constituency who regarded privatisation as an opportunity for personal accumulation

Balance (ability · Business · Capital (architecture · Developing country · Economic growth · Economic policy · Economic system · Economics · Government (linguistics · Investment (military · Political economy · Political science · Politics · State (computer science · Corporate Finance and Governance · Law · Private Equity and Venture Capital

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    Open Access•James Musonda•Review of African Political Economy•2024

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    Open Access•Asoka F Balasooriya, Asoka Balasooriya et al.•International Review of…•2007

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    Open Access•William Tordoff, Ralph A Young et al.•Government and Opposition•2005

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  • Who is subsidising whom? Water supply cross-subsidisation policy, practice and lessons from Zambia

    Open Access•Horman Chitonge•The Journal of Modern African…•2010

  • Privatisation in Africa

    Open Access•Ralph A Young•Review of African Political Economy•1991

  • Political graft and the spoils system in Zambia — the state as a resource in itself

    Open Access•Morris Szeftel•Review of African Political Economy•1982

  • Eat With Us”

    Morris Szeftel•Journal of Contemporary African…•2000

  • Privatization in Sub-Saharan Africa

    Open Access•Paul Bennell•World Development•1997

Unique citing works12
Citations per year0,57
Citation span2005 - 2026 (22)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 12
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