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Impact of Privatization on Public Enterprises Case of Tanzania
Paschal 1 *,Ge Jiuyan 2
1.School of Business and Economics, Hohai University, Nanjing 210098, China
2.hohai university business school
*Correspondence author
#Submitted by
Funding: none
Opened online:11 January 2007
Accepted by: none
Citation: Paschal,Ge Jiuyan.Impact of Privatization on Public Enterprises Case of Tanzania[OL]. [11 January 2007] http://en.paper.edu.cn/en_releasepaper/content/10677
It’s more than a decade now since Tanzania embarked upon comprehensive programme of restructuring public enterprises through privatization. During this period privatization has shown both success and failure to the economy. The success seems to outweigh the failure. Success can be measured by number of enterprises that have already been divested, performance of the firms, particularly those involved in the supply of public utilities which for the time being remain in the public sector domain, and the degree of competition enhanced by privatization in general. Failure seems to hinge primarily on the retrenches. This factor calls for further research to quantify the exact amount of loss job opportunities, since there are cases where divesture led to an increase in job opportunities. Indeed there are also cases where some of the retrenched were redeployed.
Keywords:Privatization; Impact; Public Enterprises

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