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      Evaluating privatisation in Zambia: a tale of two processes

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      research-article
      a
      Review of African Political Economy
      Review of African Political Economy
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            Abstract

            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.

            Content

            Author and article information

            Journal
            crea20
            CREA
            Review of African Political Economy
            Review of African Political Economy
            0305-6244
            1740-1720
            September 2000
            : 27
            : 85
            : 357-366
            Affiliations
            a University of Leeds and the Open University , Yorkshire Region
            Article
            8704472 Review of African Political Economy, Vol. 27, No. 85, September 2000, pp. 357-366
            10.1080/03056240008704472
            09d03ebc-c55b-4556-85ba-0d5691018d18

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            History
            Page count
            Figures: 0, Tables: 0, References: 24, Pages: 10
            Categories
            Original Articles

            Sociology,Economic development,Political science,Labor & Demographic economics,Political economics,Africa

            Endnotes

            1. ( The Post , 20 Febuary 1998 )

            2. (CDC Magazine , no. 3 , 1994 : 12 3 )

            3. ( The Post , 14 April 1998 ).

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