IDEAS home Printed from
   My bibliography  Save this article

Ghana's Privatization Policy: Rationale, Problems and Prospects


  • A. H. O. Mensah


Like many other developing countries, Ghana tried to use the creation of state-owned enterprises as instruments of development in the 1960s through the 1980s. Since the late 1980s she has embarked on a program to privatize the state-owned enterprises. Aiding economic development, capturing revenue, and accomplishing social goals justified the early attempts at socialization, while economic efficiencies and related synergies within the economy underlie the need for privatization. This study finds that valuation problems and employment related issues are among the major elements slowing down the privatization process, and calls for political commitment and operational transparency in the process to ensure the success of the privatization program.

Suggested Citation

  • A. H. O. Mensah, 1998. "Ghana's Privatization Policy: Rationale, Problems and Prospects," Journal of African Development, African Finance and Economic Association, vol. 3(1), pages 105-134.
  • Handle: RePEc:afe:journl:v:3:y:1998:i:1:p:105-134

    Download full text from publisher

    File URL:
    Download Restriction: no


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afe:journl:v:3:y:1998:i:1:p:105-134. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mwangi wa Githinji). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.