Publication:
Zambia : Post-Privatization Study

Simple item page
dc.contributor.authorSerlemitsos, John
dc.contributor.authorFusco, Harmony
dc.date.accessioned2014-09-17T20:48:43Z
dc.date.available2014-09-17T20:48:43Z
dc.date.issued2003-12-16
dc.description.abstractThe World Bank seeks to assess the effectiveness of the privatization program which was initiated in Zambia in 1992 with significant assistance from the World Bank and other donor agencies. A review of representative sample of companies was undertaken in order to assess the effect of privatization on performance. The twenty largest non-copper mining companies by purchase price, the twenty by current assets at time of privatization, and a remaining sample of smaller companies were chosen for the study. The indicator most consistently reported by companies was turnover. This indicator was chosen as the most reliable available gauge for analysis of performance. Typically smaller and less export-oriented - the initial benefits of privatization have been difficult to sustain, and performance has faltered after the initial two years. Although recent performance has been better than in the immediate pre-privatization period, turnover among most companies has never recovered in real terms to early 1990 levels. Difficulty in sustaining the net benefits of privatization can also be attributed to a suboptimal domestic and regional environment for private sector growth. Greater attention to these constraints within the domestic and regional environment is warranted in future World Bank assistance strategies, in order to enhance the benefits of privatization and maximize new private sector growth.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/12/19881491/zambia-post-privatization-study
dc.identifier.doi10.1596/20225
dc.identifier.urihttps://hdl.handle.net/10986/20225
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CAPITAL
dc.subjectAGGREGATE DEMAND
dc.subjectAGRICULTURAL SECTOR
dc.subjectBANK OPERATIONS
dc.subjectBANKRUPTCY
dc.subjectBANKS
dc.subjectBORROWER
dc.subjectBRANCH
dc.subjectBUSINESS CLIMATE
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL INVESTMENTS
dc.subjectCOLLATERAL
dc.subjectCOLLECTIVE
dc.subjectCOLLECTIVE BARGAINING
dc.subjectCOLLECTIVE BARGAINING AGREEMENTS
dc.subjectCOMMERCIAL BANK
dc.subjectCOMPANY INFORMATION
dc.subjectCOMPETITORS
dc.subjectCONFIDENTIAL INFORMATION
dc.subjectCONFIDENTIALITY
dc.subjectCONSUMER DEMAND
dc.subjectCONSUMER PRICE INDEX
dc.subjectCORRUPTION
dc.subjectCOST OF CAPITAL
dc.subjectDEBT
dc.subjectDEVELOPMENT BANK
dc.subjectDOMESTIC MARKET
dc.subjectDONOR SUPPORT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LIBERALIZATION
dc.subjectECONOMIC SYSTEMS
dc.subjectEMPLOYEE
dc.subjectEMPLOYMENT
dc.subjectENTERPRISE DEVELOPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPORT EARNINGS
dc.subjectFARMERS
dc.subjectFINANCE COMPANIES
dc.subjectFINANCIAL STATEMENTS
dc.subjectFIRMS
dc.subjectFIXED ASSETS
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN OWNERS
dc.subjectFOREIGN OWNERSHIP
dc.subjectFREE TRADE
dc.subjectGREATER ACCESS
dc.subjectGROUP OF COMPANIES
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHOLDING COMPANY
dc.subjectINCOME
dc.subjectINCOME TAXES
dc.subjectINCORPORATED
dc.subjectINDEBTEDNESS
dc.subjectINDIGENOUS ENTREPRENEURS
dc.subjectINDIVIDUAL COMPANY
dc.subjectINEQUALITIES
dc.subjectINSTALLMENTS
dc.subjectINSURANCE
dc.subjectINVESTOR CONFIDENCE
dc.subjectLABOR MARKET
dc.subjectLARGE COMPANIES
dc.subjectLIMITED
dc.subjectLOAN
dc.subjectLOCAL CURRENCY
dc.subjectMANAGEMENT CONTRACT
dc.subjectMANAGERS
dc.subjectMANUFACTURER
dc.subjectMANUFACTURERS
dc.subjectMINIMUM WAGES
dc.subjectMINING CORPORATION
dc.subjectMISMANAGEMENT
dc.subjectMONOPOLY
dc.subjectOPERATING COMPANIES
dc.subjectOVERDRAFTS
dc.subjectPARENT COMPANY
dc.subjectPERFORMANCE DATA
dc.subjectPREEMPTIVE RIGHTS
dc.subjectPRIVATE ENTERPRISE
dc.subjectPRIVATE SECTOR GROWTH
dc.subjectPRIVATIZATION
dc.subjectPRIVATIZATIONS
dc.subjectPUBLIC EDUCATION
dc.subjectREGIONAL TRADE
dc.subjectSAVINGS
dc.subjectSEES
dc.subjectSMALL COMPANY
dc.subjectSMALLER COMPANIES
dc.subjectSOCIAL VALUE
dc.subjectSTOCKS
dc.subjectSUPPLIERS
dc.subjectTAX
dc.subjectTAX CREDITS
dc.subjectTAX LIABILITIES
dc.subjectTAX RATES
dc.subjectTAX STRUCTURE
dc.subjectTAXATION
dc.subjectTRACK RECORD
dc.subjectTRADE AGREEMENTS
dc.subjectTURNOVER
dc.subjectUNION
dc.subjectUNIONS
dc.subjectVILLAGE
dc.subjectWORKING CAPITAL
dc.titleZambia : Post-Privatization Studyen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.disclosure2014-07-23
okr.date.doiregistration2025-04-14T12:27:39.394472Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2003/12/19881491/zambia-post-privatization-study
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid908531468168871948
okr.identifier.externaldocumentum000442464_20140723145757
okr.identifier.internaldocumentum19881491
okr.identifier.report82092
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/07/23/000442464_20140723145757/Rendered/PDF/820920WP0zambi00Box379853B00PUBLIC0.pdfen
okr.region.administrativeAfrica
okr.region.countryZambia
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicSmall Scale Enterprise
okr.topicLaw and Development::Corporate Law
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicIndustry
okr.unitIEG Public Sector (IEGPS)
okr.volume1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
820920WP0zambi00Box379853B00PUBLIC0.pdf
Size:
1001.16 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
820920WP0zambi00Box379853B00PUBLIC0.txt
Size:
80.42 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
IEG Independent Evaluations & Annual Reviews