Minga Negash, Seid Hassan, Abu Girma and Ezana Kebede have made a case for “Rethinking the Ethiopian Privatization,” focused on state owned enterprises. “Privatization in a networked or captured economy of course transfers public assets in disguised and opaque ways to those who are already connected. Privatization without institutional reforms may only relieve the government from temporary illiquidity but does neither affect the efficiency nor make the market contestable nor prevents throwing away public assets at questionable prices.”)