ABSTRACT
This chapter analyses the measures of privatization adjustment or “shock therapy”, applied in African countries in the last three decades. The work continues with the results of this application, after identifying and analysing the principles or philosophy on which these measures are based, as outlined in the previous paragraph. The failure of development and the disappearance of East/West bipolarity force African countries to submit to the New Order based on the neoliberal structural adjustment plans or programmes (SAP), imposed by the “international financial sister institutions”, the “troika” or the three pillars of globalization. The weakening of the State in order to serve the interests of the private sector and repay the foreign debt has generated ungovernability and the rupture between society and the State, historically delegitimized by its imported character and its dictatorial and exclusive practices.
