Abulecentrism by Olurinde Lafe
Author:Olurinde Lafe
Language: eng
Format: epub
Publisher: Springer International Publishing, Heidelberg
Therefore, the EAS-type concept is beneficial to both developed and developing countries. It is an excellent Public–Private-Partnership model. Critical transportation services are provided to the public by the private sector with an economically sustainable support from the government.
We recognize that subsidy programs have been abused by corrupt government officials in many developing countries. For example, political problems emanating from corruption and fuel subsidy removal almost ground Nigeria to a halt in early 2012 (BBC News Africa, 2012). This is where strong public institutions, accountability and the enforcement of rule of law all come in. Subsidy programs, which essentially involve the use of public funds, must be operated with utmost transparency. Abulecentrism provides a hedge against corruption by severely limiting the involvement of government in project execution and promoting the participation of local stakeholders whose economic interests are tied to the success of the development project.
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