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Privatization and Social Spending in the Least Developed African Economies: A Study of Ethiopia

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  • Jesiah, Selvam

Abstract

This paper examines the linkage between privatization and social spending in the least developed African economies with reference to Ethiopia. Many previous studies have proved that privatisation has had a direct and positive effect on social welfare. The study used data over ten years, 1994/95-2003/04, and simple econometrics model to test whether or not there is any connectivity between privatisation and social spending. Four major overheads are selected for this study: Education, health, road construction and social welfare. The empirical results show that the connectivity of privatisation in relation to these overheads is weak and fragile, owing to the small size of privatisation programme which was implemented in Ethiopia. War is also identified as an affecting factor on social spending. This study concludes that the objectives when they are set must be compatible with the programme. Inconsistent and lavish objectives may cause damage about the opinion of the particular policy when evaluated.

Suggested Citation

  • Jesiah, Selvam, 2006. "Privatization and Social Spending in the Least Developed African Economies: A Study of Ethiopia," MPRA Paper 73936, University Library of Munich, Germany, revised Oct 2006.
    • Handle: RePEc:pra:mprapa:73936
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    1. repec:wbk:wbpubs:13980 is not listed on IDEAS
    2. John Nellis, 2003. "Privatization in Africa: What has Happened? What is to be Done?," Working Papers 25, Center for Global Development.
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    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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