Three arguments are normally presented as rationale for the privatisation of state owned enterprises. The first relates to the problem of the financing of higher levels of public expenditure / the second is based on the viewpoint that private ownership is more efficient than public ownership / whilst the third claims that the losses of inefficient public enterprise are responsible for excessive budget deficits and other fiscal problems.<br /> <br /> Although empirical evidence proves that privatisation enhances economic efficiency, it negatively affects the affordability of and access to essential services, which may have serous consequences for poorer households. This happens through increased prices of essential services, such as electricity and telecommunication, as well as through loss of employment opportunities during and after privatisation.<br /> <br /> Many countries, also in Africa, implemented various types of privatisation programmes over the past two decades in order to decrease the relative size of governments and to improve efficient delivery of services. Towards the end the 1990&rsquo / s and after the tragic genocide, Rwanda&rsquo / s Government of National Unity also embarked on an ambitious restructuring programme of its state-owned enterprises.<br /> The main purpose of this study was to assess the likely impact of privatisation on poor households in developing countries. The report presents a general overview of the literature, with a specific focus on Brazil, Argentina and South Africa. It investigates the experiences of these countries and derives lessons that can be learnt. Finally it assesses the possible impact of the privatisation of essential service delivery on poor households in Rwanda.<br /> <br /> The main conclusion of the study is that governments should look beyond efficiency benefits of restructuring and focus on the overall opportunity cost of the privatisation of essential service delivery. The specific method of privatisation may determine the final social impact. The case studies also highlight the need for more research into the challenges facing the privatisation of essential service delivery. It is clear that any restructuring should be preceded by a thorough analysis of the likely impact on the poorer sections of the community.

M.A. (Development Studies) / With the ever-increasing rate of urbanisation, developing countries are faced with a new problem - that is, the decline in the urban environment and living conditions. This scenario is likely to further deteriorate due to unprecedented levels of population growth and rural-urban and international migration. The employment-carrying capacity of urban areas is eroded by these trends, resulting in an influx of labour, which cannot be absorbed by the formal sector. As a way of circumventing poverty, the urban unemployed population resort to informal activities for survival, regardless of the legal consequences. The literature on the informal sector is very controversial. This is partly because the nature of the sector itself is contradictory and defies precise definition. More importantly, various analysts and policy-makers approach the informal sector with different expectations. These different expectations of the informal sector are, in turn, related to the preconceived points of view of the analysts as to what constitutes the proper dynamics of the informal sector and what the role of the sector is in alleviating urban poverty. Central to the views on the role of the informal sector in urban poverty alleviation have been the concerns of governments of developing countries on whether to support it or control its activities. The realisation by governments of the need for expansion of the informal sector has resulted in their intervention in this sector by means of regulations, programmes and frameworks to define how the business activities should be carried out. Interventions in the informal sector have resulted in a distortion of the production structure in favour of the formal sector. On the other hand, the very nature of informality and its inherent characteristics stimulate profitability for the hawkers (peddlers) or the small business entrepreneurs. The formalisation of the informal sector eradicates the economic dynamics, which necessitate the viability of the activities being undertaken. The consequences have been the further impoverishment of the small-scale entrepreneurs...

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Three arguments are normally presented as rationale for the privatisation of state owned enterprises. The first relates to the problem of the financing of higher levels of public expenditure / the second is based on the viewpoint that private ownership is more efficient than public ownership / whilst the third claims that the losses of inefficient public enterprise are responsible for excessive budget deficits and other fiscal problems.<br /> <br /> Although empirical evidence proves that privatisation enhances economic efficiency, it negatively affects the affordability of and access to essential services, which may have serous consequences for poorer households. This happens through increased prices of essential services, such as electricity and telecommunication, as well as through loss of employment opportunities during and after privatisation.<br /> <br /> Many countries, also in Africa, implemented various types of privatisation programmes over the past two decades in order to decrease the relative size of governments and to improve efficient delivery of services. Towards the end the 1990&rsquo / s and after the tragic genocide, Rwanda&rsquo / s Government of National Unity also embarked on an ambitious restructuring programme of its state-owned enterprises.<br /> The main purpose of this study was to assess the likely impact of privatisation on poor households in developing countries. The report presents a general overview of the literature, with a specific focus on Brazil, Argentina and South Africa. It investigates the experiences of these countries and derives lessons that can be learnt. Finally it assesses the possible impact of the privatisation of essential service delivery on poor households in Rwanda.<br /> <br /> The main conclusion of the study is that governments should look beyond efficiency benefits of restructuring and focus on the overall opportunity cost of the privatisation of essential service delivery. The specific method of privatisation may determine the final social impact. The case studies also highlight the need for more research into the challenges facing the privatisation of essential service delivery. It is clear that any restructuring should be preceded by a thorough analysis of the likely impact on the poorer sections of the community.

A number of studies by academics, scholars and researchers have been conducted on the subject of remittances. The focus of these studies has been on developing countries where remittance corridors have long been established. These studies have focused more on the effects of remittances at micro level, in other words poverty alleviation as result of the decline of FDI; PI and ODA. Established remittance corridors are found in Asia, the Pacific Rim, the Middle East, South America, the Caribbean, West Africa as well as North Africa. Few studies have been conducted into new emerging corridors that are still being established, such as the South Africa-Zimbabwe, Botswana-Zimbabwe and the Namibian-Zimbabwe corridors where a large number of Zimbabweans have migrated to. Economic growth and development are major challenges facing developing countries due to lack of finance. With the decline of FDI, PI, ODA as well as credit since the global financial crisis in 2008, there is a need for research to determine other alternative sustainable sources of finance to enable economic growth and development. Available literature and empirical evidence on the subject matter suggest remittances as a complementary source not a substitute of FDI, PI, ODA and credit. This means that governments in developing countries should not neglect their duty to collect revenue, should promote FDI and PI and not be dependant solely on remittances. Like FDI, PI and ODA, the flow of remittances is also determined by the socio-economic and political factors. Any negative effect on the socio-economic and political factors may also lead to the decline of remittance flows. Whilst other developing countries in established remittance corridors have put policies and systems in place to harness and ensure maximum benefits of remittances, countries such as Zimbabwe have not done much to realise potential and the impact that remittances can make. This is evidenced from the lack of reliable data which according to Chami et al. (2008:21) places severe constraints on the types of questions that can be asked and conclusions that can be drawn from statistical analyses. Secondly, emigration from Zimbabwe can be regarded to be in its infancy stage compared countries like Nigeria and Egypt where migration to developed countries has reached maturity stage. The evidence of this is seen on the volume of remittances currently being received by these two countries. Therefore, this study will complement existing data and literature available particularly on this corridor. Remittances are channelled either through formal or informal channels. The literature available and empirical evidence suggests that the bulk of remittances are channelled through informal channels as opposed to formal channels (Crush et al.,2012:20). Within the South Africa-Zimbabwe corridor, 85 percent of remittances to Zimbabwe are channelled informally (von Burgsdorff, 2012: 17) and are not captured in the official statistics such as the Balance of Payments. The drawback of this is lack of accurate data which precludes more rigorous statistical analysis in this field (von Burgsdorff, 2010:12). This study will endeavour to capture valuable statistics with regards to remittances. Most developing countries that have relied on aid are also burdened with huge unsustainable external debts (Obasanjo, 2000). The external debts continue to have an adverse effect of slowing down economic growth and development as these countries have an obligation to pay back the debts. Settling of external debts has been one of the biggest challenges facing developing countries. With the rise of remittances, Olubiyi (2013:1) sees them as a replacement to credit to a country that is constrained. Instead of borrowing finance for growth and development, remittances can be used instead. Apart from substituting credit with remittances, countries which are not burdened with external debts are able to use remittances as a leverage to obtain foreign loans (Taylor, 1999:69). The loans acquired can used for supplementing revenue derived from the fiscus and other sources of external finance such as FDI, PI and ODA.

The aim of this research was to examine the trade policies designed by the World Trade Organization to minimise poverty levels in developing countries through trade liberalization.

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The aim of this research was to examine the trade policies designed by the World Trade Organization to minimise poverty levels in developing countries through trade liberalization.