The Economics of Public Enterprise - Couverture rigide
Livre 11 sur 14: Routledge Library Editions: Public Enterprise and Privatization
Synopsis
Public enterprises have played a central part in the development of mixed economies in the post-World War II period, but they are now in a crisis phase. Privatization has pushed back the level of public enterprise almost throughout the world. Where public enterprises remain, they are subject to more severe and restrictive regimes. This critique of public enterprise analyzes why its performance has fallen far short of expectations. The book deals with the establishment of public enterprises, micro and macro considerations and possible solutions to shortcomings, including privatization. Throughout, the approach is analytical, but the arguments are supported by extensive examples from both developed and developing economies.
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