The legal aspects of privatisation in Cameroon: the experience and the lessons

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Periodical article

Title:	The legal aspects of privatisation in Cameroon: the experience and the lessons
Author:	Akonumbo, Atangcho N.
Year:	2003
Periodical:	Verfassung und Recht in Übersee
Volume:	36
Issue:	1
Pages:	75-102
Language:	English
Geographic term:	Cameroon
Subjects:	economic law privatization
Abstract:	The need for the privatization of public and semi-public enterprises in Cameroon featured among the solutions proposed to halt the economic recession that started hitting the country at the close of the eighties. From 1986, Government embarked on the route towards privatization. Since then, the programme has been fraught with a panoply of texts churned out and aimed at sanctifying the programme. These efforts have proved to be dilatory and confused amidst a dire zeal to speed up the programme. In fact the course undertaken within the artifice of this Herculean edifice has been left unhoused and unguarded on the fields of wilderness and now seems exposed to the caprices of shaky policy and politics obfuscated in legal technicalities. This article explores the different features of the privatization programme in Cameroon in the light of policy considerations. It identifies and assesses the impact of the different hitches suffocating the programme and expounds possible avenues for dispelling its intrinsic incongruities. Notes, ref., sum. (p. 5). [Journal abstract, edited]