The term paper examined the experiences of Ghana in the management of public enterprises and it assessed the comparative analysis of Benin and USA public enterprises.
Inhaltsverzeichnis (Table of Contents)
- MANAGEMENT OF PUBLIC ENTERPRISES IN GHANA
- PUBLIC ENTERPRISE RESTRUCTURING AND PRIVATIZATION IN GHANA
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper explores the management of public enterprises in Ghana, contrasting its experiences with those of the USA and Benin Republic. It investigates the historical development of state-owned enterprises in Ghana, analyzing the impact of privatization on the economy and its implications for the workforce.
- The historical evolution of public enterprises in Ghana
- The impact of privatization on the Ghanaian economy
- The challenges of public enterprise reform and divestiture
- The role of political factors in the privatization process
- The social and economic consequences of divestiture, including employment and user charges
Zusammenfassung der Kapitel (Chapter Summaries)
- MANAGEMENT OF PUBLIC ENTERPRISES IN GHANA: This chapter traces the history of state-owned enterprises in Ghana, highlighting their evolution from colonial times to the post-World War II era. It examines the government's efforts to improve the performance of these enterprises, including the implementation of performance monitoring systems and incentives.
- PUBLIC ENTERPRISE RESTRUCTURING AND PRIVATIZATION IN GHANA: This chapter delves into the privatization of state-owned enterprises in Ghana. It analyzes the rationale behind the divestiture program, highlighting the economic and political motivations. The chapter also explores the various methods of privatization employed, including the sale of majority and minority stakes, as well as outsourcing divestitures. It further examines the challenges and controversies surrounding the privatization process, particularly the transparency of transactions, the impact on employment, and the handling of severance pay.
Schlüsselwörter (Keywords)
Public enterprises, state-owned enterprises (SOEs), privatization, divestiture, Ghana, Benin, USA, economic reform, performance monitoring, efficiency, employment, user charges, transparency, political influence, structural adjustment.
Frequently Asked Questions
How has the management of public enterprises in Ghana evolved?
It shifted from heavy state control in the post-colonial era toward restructuring and privatization as part of economic reform programs supported by international organizations.
What were the main reasons for privatizing SOEs in Ghana?
The primary goals were to reduce the financial burden on the state, improve operational efficiency, and encourage private sector participation in the economy.
What challenges did the divestiture program face in Ghana?
Key challenges included political interference, lack of transparency in transactions, and concerns over massive job losses and severance pay for workers.
How does Ghana's experience compare to the USA and Benin?
The paper contrasts Ghana's developing-nation reform struggles with the established public enterprise frameworks in the USA and the different regional approaches in Benin.
What are the social consequences of public enterprise reform?
Significant consequences include changes in employment structures and the introduction of user charges for services that were previously state-subsidized.
- Citation du texte
- Adeola Ajayi (Auteur), 2010, Experiences of Ghana in the Management of Public Enterprises and a Comparative Analysis of USA and Benin Public Enterprise, Munich, GRIN Verlag, https://www.grin.com/document/197847