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2651. Privatization in sub-Saharan Africa: On Factors Affecting Implementation

Author:
Steve Kayizzi-Mugerwa
Publication Date:
01-2002
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
Although privatization has been a key feature of economic policy in Africa since the early 1990s its sequencing and intensity have varied from country to country, with donor leverage being an important determinant of the pace of implementation. However, although many privatization schemes were undertaken in response to donor demands for reduced government participation in business, the process soon achieved its own dynamics. The positive view of privatization suggests that it went ahead, in spite of domestic opposition, because politicians and bureaucrats perceived real benefits to themselves and their supporters. They could influence the sales to their own benefit, while, on the other hand, a more focused public sector improved service delivery.
Topic:
Development, Economics, and Government
Political Geography:
Africa

2652. Making Debt Relief Conditionality Pro-Poor

Author:
Oliver Morrissey
Publication Date:
01-2002
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This paper considers how the conditionality inherent in HIPC debt relief should be constituted to promote pro-poor policies. There are two dimensions to this. First, the extent to which the policies proposed are pro-poor. Second, the potential for releasing resources for pro-poor expenditures. The paper provides an analytical framework to describe the policy environment for poverty reduction, and identifies where donor effort and influence are most likely to be effective. The paper argues that the elements of debt relief conditionality should be tailored to the features of the poverty-reduction policy environment and provides guidelines for the design of conditionality.
Topic:
Development and International Organization
Political Geography:
Africa

2653. Performance of Microfinance Institutions in Burkina Faso

Author:
Youssoufou Congo
Publication Date:
01-2002
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This study tests the performance of microfinance institutions (MFIs) in Burkina Faso using indicators such as the sustainable interest rate and the subsidy dependence index. The results indicate that MFIs outreach performance remains very low compared with potential demand, and the factors responsible appear to be both the refusal of most MFIs to mobilize local savings and the high costs of supply of microfinancial services. The results also show that MFIs are not viable and sustainable. Their interest rates are kept low and do not allow them to cover all the costs. In addition, the results indicate that MFIs are dependent on subsidies. However, the oldest MFIs and/or institutions providing deposit services have the lowest subsidy dependence index. It is suggested that more attention should be placed on savings mobilization and ceilings on interest rates should be removed in order to allow MFIs to charge sustainable interest rates.
Topic:
Development and Economics
Political Geography:
Africa

2654. Back to the Nest? Europe's Relations with the African, Caribbean and Pacific Group of Countries

Author:
John Ravenhill
Publication Date:
12-2002
Content Type:
Working Paper
Institution:
Institute of European Studies
Abstract:
Europe's association with African, Caribbean and Pacific (ACP) countries was the first of its interregional relationships. In the nearly half century since the signature of the Treaty of Rome, it developed into Europe's most institutionalized and multidimensional interregional relationship. It embraces not only trade and investment issues but also a development "partnership" that includes what has traditionally been the EU's largest single aid program, a joint parliamentary assembly, meetings of organizations representing civil society, and a dialogue on human rights. This chapter examines the factors that have shaped this relationship over the last four decades. The principal focus is on the trade regime, not just for consistency with the other contributions to this volume but also because it is in its trade dimension that the relationship has changed most dramatically over time.
Topic:
International Political Economy and International Trade and Finance
Political Geography:
Africa, Europe, Caribbean, and Rome

2655. Lessons of the Euro for the Rest of the World

Author:
Barry Eichengreen
Publication Date:
12-2002
Content Type:
Working Paper
Institution:
Institute of European Studies
Abstract:
Europe's single currency is widely invoked as a potential solution to the monetary and exchange rate problems of other regions, including Asia, Latin America, North America and even Africa. This lecture asks whether the Europe's experience in creating the euro is exportable. It argues that the single currency is the result of a larger integrationist project that has political as well as economic dimensions. The appetite for political integration being less in other parts of the world, the euro will not be easily emulated. Other regions will have to find different means of addressing the tension between domestic monetary autonomy and regional integration. Harmonized inflation targeting may be the best available solution.
Topic:
Economics, International Trade and Finance, and Political Economy
Political Geography:
Africa, Europe, Asia, and Latin America

2656. Rwanda at the End of the Transition: A Necessary Political Liberalisation

Publication Date:
11-2002
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Nine years after the 1994 genocide, Rwanda has reached another crossroads. The transition period defined by the Arusha Accords will be concluded in less than a year by a constitutional referendum and by multi-party elections which should symbolize the successful democratisation of the country. Today, however, there are multiple restrictions on political and civil liberty and no sign of any guarantee, or even indication, in the outline of the constitutional plan that the political opposition will be able to participate in these elections on an equal footing with the Rwandan Patriotic Front (RPF), in power since 1994.
Topic:
Conflict Resolution, Security, Ethnic Conflict, Politics, and Treaties and Agreements
Political Geography:
Africa and Rwanda

2657. Zimbabwe: The Politics of National Liberation and International Division

Publication Date:
10-2002
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Despite the rising humanitarian costs of the crisis in Zimbabwe, the international community remains deeply divided about its response, allowing President Mugabe to believe that he can exploit the policy fissure between – broadly – the West and Africa. The foreign media's emphasis on the plight of white commercial farmers plays into the regime's liberation rhetoric, reinforcing the erroneous but widespread belief in Africa that the West is concerned about Zimbabwe only because white property interests have been harmed. What is happening in Zimbabwe and the lack of a continental response have damaged perceptions of Africa in the wider international community, weakening in the process the promising but still embryonic New Partnership for Africa's Development (NEPAD) and the African Union (AU).
Topic:
Conflict Resolution, Civil War, International Cooperation, and Treaties and Agreements
Political Geography:
Africa and Zimbabwe

2658. The Burundi Rebellion and the Ceasefire Negotiations

Publication Date:
08-2002
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Prospects are still weak for a ceasefire agreement in Burundi that includes all rebel factions. Despite the Arusha agreement in August 2000 and installation of a transition government on 1 November 2001, the warring parties, the Burundi army and the various factions of the Party for the Liberation of the Hutu People/National Liberation Forces (PALIPEHUTU-FNL) and of the National Council for the Defense of Democracy/Defense Forces of Democracy (CNDD-FDD), are still fighting. Neither side has been able to gain a decisive military advantage, although the army recently claimed several important victories.
Topic:
Conflict Resolution and International Cooperation
Political Geography:
Africa and Burundi

2659. The International Criminal Tribunal for Rwanda: The Countdown

Publication Date:
08-2002
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
Il reste officiellement un peu plus de cinq ans au Tribunal pénal international pour le Rwanda (TPIR) pour achever le mandat qui lui a été confié, en novembre 1994, par le Conseil de sécurité des Nations unies. Le TPIR se trouve donc exactement à mi-parcours de son mandat. Depuis un an et demi, plusieurs nouveaux procès ont été initiés. Toutefois malgré cette amélioration significative marquée par un fort regain d'activité, le Tribunal d'Arusha n'a pas établi, les priorités judiciaires qui lui permettraient de remplir son mandat avant 2008. En mai 2001, ICG publiait un premier rapport bilan des activités du TPIR intitulé: "L'urgence de juger". Cette urgence reste, malheureusement, toujours d'actualité.
Topic:
Conflict Resolution, Ethnic Conflict, Genocide, Treaties and Agreements, and United Nations
Political Geography:
Africa and Rwanda

2660. Zimbabwe: What Next?

Publication Date:
06-2002
Content Type:
Working Paper
Institution:
International Crisis Group
Abstract:
In the aftermath of the deeply flawed March 2002 presidential election, Zimbabwe has dropped off the radar screen of most policy-makers and media but its crisis is deepening: the ruling ZANU-PF party and the government are systematically using violence to intimidate the opposition Movement for Democratic Change (MDC) and civil society in order to punish and compel them to accept the results; the economy is further deteriorating as foreign investment and food both become scarce commodities; with regional drought compounding the land seizure crisis, UN agencies warn of possible famine; and as the opposition considers mass protests, the prospect of serious internal conflict is becoming imminent, with grave implications for the stability of the wider Southern African region.
Topic:
Conflict Resolution, International Cooperation, and Treaties and Agreements
Political Geography:
Africa and Zimbabwe