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Déterminants et perspectives de la privatisation des infrastructures à Djibouti : Leçons tirées de trois études de cas

Author

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  • Arthur Foch

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper questions the determinants of infrastructure privatization in Djibouti and seeks to explain why this policy is still implemented today. Through case studies, the paper analyses the privatization processes of the port, electricity, and railway sectors. The paper shows that privatization has four major determinants: the presence of favourable contingent elements; the presence of political interests; the extent to which the contractual arrangements conform to government expectations, and the existence of alternative solutions. Furthermore, the paper explains that privatization is still considered today because the change of its target makes the interests of the government, donors, and private investors compatible.

Suggested Citation

  • Arthur Foch, 2013. "Déterminants et perspectives de la privatisation des infrastructures à Djibouti : Leçons tirées de trois études de cas," Post-Print halshs-00824823, HAL.
  • Handle: RePEc:hal:journl:halshs-00824823
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00824823
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