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Privatization in Developing Countries Its Impact on Economic Development and Democracy
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Book Code: C5007
ISBN: 0-275-95007-7
ISBN-13: 978-0-275-95007-1
176 pages, figures, tables
Praeger Publishers
Publication: 3/30/1995
List Price: $75.00 (UK Sterling Price: £41.95)
Availability: Print on demand
Media Type: Hardcover
Trim Size: 6 1/8 x 9 1/4
Subjects: Reviews:
  • ...clear, lucid, and readable volume that is both timely and important. The book should be compulsory reading for all politicians and government officials in charge of charting the developmental plan for their countries in order to make them prosperous and democratic.

    Journal of Developing Areas
Description: This work concludes that privatization promotes economic development and democracy in developing countries. Several governments have opted for privatization to maximize consumer choice, to promote competition, and to improve the quality and efficiency of goods and services. Many governments in Asia, Africa, and Latin America are cautiously turning state-owned enterprises over to the private sector because of the benefits coming with a free market economy and free enterprise spirit. The case of Zaire shows the failure of state-owned enterprises to meet national economic, social, and political goals. The case of the Cameroon shows privatization at work in a developing country.
Table of Contents:
  • Illustrations
  • Foreword
  • Preface
  • Acknowledgments
  • A Theoretical Framework of Privatization
  • Theoretical Framework of Economic Development and Democracy
  • The Role of the World Bank, International Monetary Fund and the United States in Privatization in Developing Countries
  • Privatization in Developing Countries: Theory and Practice
  • Theoretical Framework of Multinational Corporations (MNCs) and Foreign Direct Investment in the Developing Countries
  • The Case of Zaire: How State-Owned Enterprises Failed
  • The Case of Cameroon: Prospect for Success of Privatization
  • Conclusions: Who Is to Gain from Privatization, the Western World or the Developing Countries?
  • Bibliography
  • Index
LC Card Number: 94-32925
LCC Class: HD4420
Dewey Class: 338.9
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