Privatization in Developing Countries: Its Impact on Economic Development and Democracy - Hardcover

Dinavo, Jacques V.

9780275950071: Privatization in Developing Countries: Its Impact on Economic Development and Democracy

Hardcover

ISBN 10: 0275950077 ISBN 13: 9780275950071

Publisher: Praeger, 1995

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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.

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About the Author

JACQUES V. DINAVO is vice president of International Trade Investment Corporation, Inc., a company specializing in international trade and development. Dinavo was an advisor to the Prime Minister of Zaire and teaches seminars at U.S. universities on international trade.

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