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Privatization in the name of public private partnership: the case of Tanzania Breweries Ltd., an evaluation

Author

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  • Samson Paschal

    (University Of Bucharest, Doctoral Law School)

Abstract

The policies of International Monetary Fund (IMF) and the World Bank (WB) have made significant impact in most developing countries, particularly in South of the Sahara. Foreign direct investment (FDI) is one of the policies spearheaded by these institutions. Countries like Tanzania, Uganda and Kenya, have experienced a wave of economic reforms in recent years. These reforms, to a larger extent, which have been inspired by International Institutions, have recently faced with a magnitude of concerns which is expressed in terms of whether the right kind of pre-conditions exists for these measures since some of the measures don’t produce the desired outcomes in some developing countries. The thrust of the evaluation has been on whether privatization through Public Private Partnership presents a profitable policy in Tanzania. In other words, if there is any evidence of significant performance of State Operated Enterprises after privatization. This research takes stock of the evidence in pre and post three privatized companies and shows that in competitive environment privatization has been a resounding success in improving performance of public enterprises.

Suggested Citation

  • Samson Paschal, 2015. "Privatization in the name of public private partnership: the case of Tanzania Breweries Ltd., an evaluation," Juridical Tribune - Review of Comparative and International Law, Bucharest Academy of Economic Studies, vol. 5(2), pages 70-87, December.
  • Handle: RePEc:asr:journl:v:5:y:2015:i:2:p:70-87
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    References listed on IDEAS

    as
    1. Narjess Boubakri & Jean-Claude Cosset, 1998. "Privatization in Developing Countries : An Analysis of the Performance of Newly Privatized Firms," World Bank Publications - Reports 11529, The World Bank Group.
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    Cited by:

    1. Armand Krasniqi, 2016. "The issue of the liquidation process of social enterprises during privatization process in Kosovo," Juridical Tribune - Review of Comparative and International Law, Bucharest Academy of Economic Studies, vol. 6(Special), pages 186-195, October.

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    More about this item

    Keywords

    privatization; public private partnership; Tanzania Breweries Ltd.; the World Bank.;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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