The Economics of Public Enterprise

The Economics of Public Enterprise PDF Author: V. V. Ramanadham
Publisher: Routledge
ISBN: 0429576021
Category : Business & Economics
Languages : en
Pages : 488

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Book Description
Public enterprises have played a central part in the development of all mixed economies in the post-war period, but they are now in a crisis phase. Privatisation has pushed back the level of public enterprise almost throughout the world. Where public enterprises remain, they are being brought under significant reforms. Originally published in 1991, this book presents a comprehensive critique of public enterprise, analysing why its performance has fallen far short of expectations. Part one is concerned with the establishment of public enterprises: the case for them, the circumstances in which they emerged, the extra enterprise objectives attached to them, and the decisions on their investment feasibility and capital structure. Part two looks at the working of public enterprises: the state of their financial performance, the peculiarities of pricing, the determination of targets which they should meet, the continuous monitoring and evaluation of their operations. Macro concerns are the focus of Part three. Among the issues addressed are the level of indirect taxation and subsidisation implicit in the pricing structures of public enterprises, the links between public enterprise and the public exchequer and the implications of their operations for distributional equity. In Part four the extent to which privatisation can solve the problems of public enterprise is discussed. The book ends with some broad conclusions on the future of public enterprise. Throughout, the approach is analytical, but the arguments are supported by extensive examples from both developed and developing economies.

The Economics of Public Enterprise

The Economics of Public Enterprise PDF Author: V. V. Ramanadham
Publisher: Routledge
ISBN: 0429576021
Category : Business & Economics
Languages : en
Pages : 488

Get Book Here

Book Description
Public enterprises have played a central part in the development of all mixed economies in the post-war period, but they are now in a crisis phase. Privatisation has pushed back the level of public enterprise almost throughout the world. Where public enterprises remain, they are being brought under significant reforms. Originally published in 1991, this book presents a comprehensive critique of public enterprise, analysing why its performance has fallen far short of expectations. Part one is concerned with the establishment of public enterprises: the case for them, the circumstances in which they emerged, the extra enterprise objectives attached to them, and the decisions on their investment feasibility and capital structure. Part two looks at the working of public enterprises: the state of their financial performance, the peculiarities of pricing, the determination of targets which they should meet, the continuous monitoring and evaluation of their operations. Macro concerns are the focus of Part three. Among the issues addressed are the level of indirect taxation and subsidisation implicit in the pricing structures of public enterprises, the links between public enterprise and the public exchequer and the implications of their operations for distributional equity. In Part four the extent to which privatisation can solve the problems of public enterprise is discussed. The book ends with some broad conclusions on the future of public enterprise. Throughout, the approach is analytical, but the arguments are supported by extensive examples from both developed and developing economies.

The Future of Public Enterprises

The Future of Public Enterprises PDF Author: Luc Bernier
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Public enterprises have been an integral part of the involvement of the state in the economy for most of the 20th century. After 1980, privatization has been the dominant trend until the 2008-2010 economic crisis when new nationalizations happened. Ownership is only an element of a complex system of relations between a public enterprise and its institutional environment where the role of the board of directors, the mechanisms of coordination, the role of senior civil servants, etc. come to play. Using the Canadian experience with public enterprises, we suggest in this article that public enterprises could be interesting economic policy instruments in the future as in the past if such an economic policy exists. In other words, privatization did not solve the control issue over many large enterprises. Improved corporate governance should be considered. This article aims at improving the understanding of how by focusing on various aspects of the governance of public enterprises on their potential use and work. In Canada, public enterprises have been used to face the recent global crisis but they also come from a long tradition of intervention in the economy, a tradition closer to the European than the American. After reviewing recent developments in their governance, paths for future research are proposed.

The Future of Public Enterprises

The Future of Public Enterprises PDF Author: Robert Millward
Publisher:
ISBN:
Category :
Languages : en
Pages : 156

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Book Description


Entrepreneurial State

Entrepreneurial State PDF Author: Mariana Mazzucato
Publisher: Anthem Press
ISBN: 1783085215
Category :
Languages : en
Pages : 284

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Book Description
List of Tables and Figures; List of Acronyms; Acknowledgements; Introduction: Thinking Big Again; Chapter 1: From Crisis Ideology to the Division of Innovative Labour; Chapter 2: Technology, Innovation and Growth; Chapter 3: Risk-Taking State: From 'De-risking' to 'Bring It On!'; Chapter 4: The US Entrepreneurial State; Chapter 5: The State behind the iPhone; Chapter 6: Pushing vs. Nudging the Green Industrial Revolution; Chapter 7: Wind and Solar Power: Government Success Stories and Technology in Crisis; Chapter 8: Risks and Rewards: From Rotten Apples to Symbiotic Ecosystems; Chapter 9: So.

Governance, Administration and Development

Governance, Administration and Development PDF Author: Mark Turner
Publisher: Palgrave
ISBN: 9780333567531
Category : Decentralization in government
Languages : en
Pages : 272

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Book Description
This comprehensive introduction to the public policy processes and public administration in developing countries begins by describing the complex, varied environments of the developing world, then goes on to analyse key contemporary issues.

Public Enterprise at the Crossroads

Public Enterprise at the Crossroads PDF Author: John Heath
Publisher: Routledge
ISBN: 1134949588
Category : Business & Economics
Languages : en
Pages : 285

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Book Description
In many parts of the world public enterprise is in crisis. Privatisation programmes are being widely touted as the solution to many of the problems of inefficiency and slow rates of growth associated with public enterprise. This book discusses the underlying causes of those problems, and critically examines some of the solutions that have been adopted. Its geographical coverage is wide and it cuts across the political spectrum. The experiences of countries in four continents are analysed in an attempt to shed light on current dilemmas. Recurrent patterns are found; problems are frequently seen to be political as much as economic, and bureaucracy and administrative confusion is often found to be at the heart of poor financial performance.Yet since political aims, economic environment, and administrative and managerial capabilities vary so widely, universal solutions remain more difficult to define than universal problems.

Public Enterprise in Crisis

Public Enterprise in Crisis PDF Author: John Redwood
Publisher: Wiley-Blackwell
ISBN: 9780631130536
Category : Government ownership
Languages : en
Pages : 211

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Book Description


Public Sector Reform

Public Sector Reform PDF Author: Jan-Erik Lane
Publisher: SAGE
ISBN: 085702616X
Category : Political Science
Languages : en
Pages : 322

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Book Description
Deregulation, privatization and marketization have become the bywords for the reforms and debates surrounding the public sector. This major book is unique in its comparative analysis of the reform experience in Western and Eastern Europe, Australia, New Zealand and Canada. Leading experts identify a number of key factors to systematically explain the similarities and differences, map common problems and together reflect on the future shape of the public sector, exploring significant themes in a lively and accessible way.

The Public Sector Pivot

The Public Sector Pivot PDF Author: Kaitlyn Rentala
Publisher:
ISBN: 9781636769097
Category : Political Science
Languages : en
Pages : 178

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Book Description
The future of the U.S. is in jeopardy - and it's not just because of partisanship. In the end, hope for the future always lies in the next generation, and yet the government is ignoring this crop of energetic, purpose-driven workers. Did you know only 7.3% of government employees are under the age of 30? If the U.S. is to thrive in the future then the public sector must seriously start considering hiring prospects in demographics like Gen Z. Addressing why so few young people work in government and what we can do to fix that, Kaitlyn Rentala's The Public Sector: How Gen Z Will Lead a Renaissance in Public Service explores the intersection of: Public Service Private sector methodologies Government reform Immense societal issues like climate change, healthcare disparities, and economic inequality threaten the very existence of our country and world. None of these problems can be properly addressed without a strong public sector workforce. The Public Sector Pivot is both a wake-up call to the public sector and to young people who may have dismissed it as a career option.

Privatisation in the European Union

Privatisation in the European Union PDF Author: Judith Clifton
Publisher: Springer Science & Business Media
ISBN: 9781402074813
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
At the end of the 1970s, the prospect of privatising public enterprises which operated in sectors such as water, telecommunications, railways or air transportation seemed a thoroughly unappealing one in political terms. Not even the future privatisation `champion', the British Conservative Party, envisaged this kind of reform when it came to power in 1979. Only two decades later, however, privatisation had become a global fashion. The EU region has been at the forefront of these developments. What are the factors that explain this shift? Judith Clifton, Francisco Comín and Daniel Díaz Fuentes in Privatisation in the European Union reject the two dominant explanations provided in literature, which include a simple 'Americanisation' of policy and a 'varied' privatisation experience without a common driving force. Using a systematic comparative analysis of privatisation experiences in each country from the 1980s to the beginning of the twenty first century, the authors show how the process of European integration and the need for internationally competitive industries have constituted key driving forces in the quest for privatisation across the EU. As privatisation slows down at the turn of the millennium, what future can citizens expect for public enterprises? Privatisation in the European Union is essential reading for researchers, students and policy-makers interested in privatisation, EU policy and the history of public enterprises.