Marketing
Beginning of paper
The term Privatization is often loosely used to mean a number of related activities, including any expansion of the scope of
private sector activity in an economy and the adoption by the public sector of efficiency enhancing techniques commonly
employed by the private sector. While acknowledging th ....
Middle of paper
.... The past
decade has also seen the World Bank and other donors get increasingly involved in lending operations towards parastatal
sector reforms that included privatization components.
African countries share a number of common features in relation to the drive towards privatization. For most of these countries,
the first twenty years of independence were characterized by rapid growth, driven by favorable terms of trade and high levels of
public investments in infrastructure and servic ....
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Word count: 468
Page count: 2 (approximately 250 words per page)
