Enhancing accountability in the management of public enterprises in Africa

Abstract

This study examines how this could be done by enhancing the accountability mechanisms of Africa's public enterprises to market and non-market institutions. The latter include not only the executive units of the government but the totality of governance institutions: the legislature, executive and the rule of law as well as to local community organizations and members of the public as citizens and consumers. The original draft of this paper was written by Professor Bamidele Olowu who was visiting from Obafemi Awolowo University, Me - Ife, Nigeria. It has benefitted from discussions within the Division and also from the comments of two Regional Advisers based in the Division: Drs. M.J. Balogun and Asmelash Beyene.