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Evaluating privatisation in Zambia: a tale of two processes

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  • John Craig

Abstract

The programme of state enterprise privatisation pursued by the Zambian government since 1992 has been subject to a number of conflicting evaluations. For some it is a model programme, ‘the most successful in Africa’ (Campbell White and Bhatia, 1998), which stands as an example to other developing countries. For others, it is a deeply flawed experience which allowed for the corrupt acquisition of assets by those linked to the ruling party. This paper argues that these conflicting evaluations are the result of two underlying processes which reflected the political and economic environment in which the policy was implemented. This required the Zambian government to balance, on the one hand, the demands of northern donors and the Bretton Woods institutions that international capital should be provided with an attractive and secure environment for investment and, on the other hand, those in the ruling party's domestic constituency who regarded privatisation as an opportunity for personal accumulation.

Suggested Citation

  • John Craig, 2000. "Evaluating privatisation in Zambia: a tale of two processes," Review of African Political Economy, Taylor & Francis Journals, vol. 27(85), pages 357-366.
    • Handle: RePEc:taf:revape:v:27:y:2000:i:85:p:357-366
    DOI: 10.1080/03056240008704472
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    Cited by:

    1. David Parker & Colin Kirkpatrick, 2005. "Privatisation in Developing Countries: A Review of the Evidence and the Policy Lessons," Journal of Development Studies, Taylor & Francis Journals, vol. 41(4), pages 513-541.
    2. Craig, John, 2002. "Privatisation and Indigenous Ownership: Evidence from Africa," Centre on Regulation and Competition (CRC) Working papers 30682, University of Manchester, Institute for Development Policy and Management (IDPM).
    3. Katherine V Gough & Francis Chigunta & Thilde Langevang, 2016. "Expanding the scales and domains of (in)security: Youth employment in urban Zambia," Environment and Planning A, , vol. 48(2), pages 348-366, February.
    4. Parker, David & Kirkpatrick, Colin, 2002. "Researching Economic Regulation in Developing Countries: Developing a Methodology for Critical Analysis," Centre on Regulation and Competition (CRC) Working papers 30665, University of Manchester, Institute for Development Policy and Management (IDPM).
    5. Stuart John Barton, 2016. "Policy Signals and Market Responses," Palgrave Studies in the History of Finance, Palgrave Macmillan, number 978-1-137-39098-1, December.

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