Author: OECD
Publisher: OECD Publishing
ISBN: 9264280669
Category :
Languages : en
Pages : 79
Book Description
State-owned enterprises (SOEs) are important elements of many national economies. They are also increasingly active internationally, which has led to renewed concerns in recent years about whether their competitive conditions in home markets might adversely impact “fair” competition.
The Size and Sectoral Distribution of State-Owned Enterprises
Author: OECD
Publisher: OECD Publishing
ISBN: 9264280669
Category :
Languages : en
Pages : 79
Book Description
State-owned enterprises (SOEs) are important elements of many national economies. They are also increasingly active internationally, which has led to renewed concerns in recent years about whether their competitive conditions in home markets might adversely impact “fair” competition.
Publisher: OECD Publishing
ISBN: 9264280669
Category :
Languages : en
Pages : 79
Book Description
State-owned enterprises (SOEs) are important elements of many national economies. They are also increasingly active internationally, which has led to renewed concerns in recent years about whether their competitive conditions in home markets might adversely impact “fair” competition.
The Size and Sectoral Distribution of SOEs in OECD and Partner Countries
Author: OECD
Publisher: OECD Publishing
ISBN: 9264215611
Category :
Languages : en
Pages : 70
Book Description
This report analyses a dataset detailing the size of national state-owned enterprise (SOE) sectors (by number, value and employment) and their composition by sector and corporate forms for the year 2012.
Publisher: OECD Publishing
ISBN: 9264215611
Category :
Languages : en
Pages : 70
Book Description
This report analyses a dataset detailing the size of national state-owned enterprise (SOE) sectors (by number, value and employment) and their composition by sector and corporate forms for the year 2012.
The Size and Sectorial Distribution of State-Owned Enterprises
Author: Chunlin Zhang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper contributes to the development of a global view of the landscape of state-owned enterprises (SOEs). It focuses on three specific questions: the size of the SOE sector in national economies as measured by its share in output or employment; the economic sectors in which the role of SOEs is the most prominent; and the sectorial composition of the SOE portfolio of national economies. Gathering available data into one dataset, the paper shows that while SOEs operate in virtually every country around the world, they account for no more than a minority share of output and employment in economies where data are available. In some transition economies including China, the SOE sector contributes 1/4 to 1/3 of GDP. In most other economies it has a share of less than 5 percent in non-agriculture labor force. Banking and oil industries are among those where SOE dominance is the most prominent, while SOEs contribute only about 20 percent of output or employment in manufacturing industries of China, India, and Russia. As to the sectorial composition of the SOE portfolio, network industries represent the largest share in most OECD and some transition economies, while finance, energy, and manufacturing stand out with high shares as well in some economies. While SOE is a global phenomenon, China is unique in the size of its SOEs as well as the critical roles they play in the national economy.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This paper contributes to the development of a global view of the landscape of state-owned enterprises (SOEs). It focuses on three specific questions: the size of the SOE sector in national economies as measured by its share in output or employment; the economic sectors in which the role of SOEs is the most prominent; and the sectorial composition of the SOE portfolio of national economies. Gathering available data into one dataset, the paper shows that while SOEs operate in virtually every country around the world, they account for no more than a minority share of output and employment in economies where data are available. In some transition economies including China, the SOE sector contributes 1/4 to 1/3 of GDP. In most other economies it has a share of less than 5 percent in non-agriculture labor force. Banking and oil industries are among those where SOE dominance is the most prominent, while SOEs contribute only about 20 percent of output or employment in manufacturing industries of China, India, and Russia. As to the sectorial composition of the SOE portfolio, network industries represent the largest share in most OECD and some transition economies, while finance, energy, and manufacturing stand out with high shares as well in some economies. While SOE is a global phenomenon, China is unique in the size of its SOEs as well as the critical roles they play in the national economy.
State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges
Author: Mr. Ernesto Ramirez Rigo
Publisher: International Monetary Fund
ISBN: 1513594087
Category : Business & Economics
Languages : en
Pages : 153
Book Description
Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.
Publisher: International Monetary Fund
ISBN: 1513594087
Category : Business & Economics
Languages : en
Pages : 153
Book Description
Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.
Reforms, Opportunities, and Challenges for State-Owned Enterprises
Author: Edimon Ginting
Publisher: Asian Development Bank
ISBN: 9292622838
Category : Business & Economics
Languages : en
Pages : 355
Book Description
State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.
Publisher: Asian Development Bank
ISBN: 9292622838
Category : Business & Economics
Languages : en
Pages : 355
Book Description
State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.
State Ownership in the Russian Economy
Author: Carsten Sprenger
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This article analyzes the extent and sectoral distribution of state ownership in the Russian economy. The different legal forms of state-owned enterprises (SOEs) in Russia are described. Official data on the evolution of the size of the state sector is provided, where the size is measured by the number of SOEs, their share in employment, fixed assets, investment and industrial production. The sectoral distribution of SOEs, the degree of their internationalization and data on the subset of listed SOEs are described. The latter gives a picture of a much stronger involvement of the government in medium and large sized companies than what can be inferred from the official data. Furthermore, this article discusses the objectives and challenges for corporate governance of SOEs in Russia, and provides an international perspective of the performance of SOEs as compared to privately owned companies. Recent trends in the policy and management of state property are presented. The problems of corporate governance in Russia are described in an agency perspective, and survey evidence on corporate governance and transparency of Russian SOEs is provided. Particular attention is given to the legal construction of the state corporation. The final section on the performance effects of state ownership summarizes the key contributions in the international economic literature in this field.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This article analyzes the extent and sectoral distribution of state ownership in the Russian economy. The different legal forms of state-owned enterprises (SOEs) in Russia are described. Official data on the evolution of the size of the state sector is provided, where the size is measured by the number of SOEs, their share in employment, fixed assets, investment and industrial production. The sectoral distribution of SOEs, the degree of their internationalization and data on the subset of listed SOEs are described. The latter gives a picture of a much stronger involvement of the government in medium and large sized companies than what can be inferred from the official data. Furthermore, this article discusses the objectives and challenges for corporate governance of SOEs in Russia, and provides an international perspective of the performance of SOEs as compared to privately owned companies. Recent trends in the policy and management of state property are presented. The problems of corporate governance in Russia are described in an agency perspective, and survey evidence on corporate governance and transparency of Russian SOEs is provided. Particular attention is given to the legal construction of the state corporation. The final section on the performance effects of state ownership summarizes the key contributions in the international economic literature in this field.
Privatization and Control of State-owned Enterprises
Author: Ravi Ramamurti
Publisher: World Bank Publications
ISBN: 9780821318638
Category : Business & Economics
Languages : en
Pages : 344
Book Description
Publisher: World Bank Publications
ISBN: 9780821318638
Category : Business & Economics
Languages : en
Pages : 344
Book Description
Corporate Governance of State-Owned Enterprises
Author: World Bank Publications
Publisher: World Bank Publications
ISBN: 1464802297
Category : Business & Economics
Languages : en
Pages : 391
Book Description
This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.
Publisher: World Bank Publications
ISBN: 1464802297
Category : Business & Economics
Languages : en
Pages : 391
Book Description
This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.
State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly
Author: Uwe Böwer
Publisher: International Monetary Fund
ISBN: 1484326261
Category : Business & Economics
Languages : en
Pages : 27
Book Description
State-owned enterprises (SOEs) play an important role in Emerging Europe’s economies, notably in the energy and transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across countries and vis-à-vis private firms, and evaluates recent SOE governance reform experience in 11 Emerging European countries, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms in most sectors, with substantial cross-country variation. Poor SOE performance raises three main risks: large and risky contingent liabilities could stretch public finances; sizeable state ownership of banks coupled with poor governance could threaten financial stability; and negative productivity spillovers could affect the economy at large. SOE governance frameworks are partly weak and should be strengthened along three lines: fleshing out a consistent ownership policy; giving teeth to financial oversight; and making SOE boards more professional.
Publisher: International Monetary Fund
ISBN: 1484326261
Category : Business & Economics
Languages : en
Pages : 27
Book Description
State-owned enterprises (SOEs) play an important role in Emerging Europe’s economies, notably in the energy and transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across countries and vis-à-vis private firms, and evaluates recent SOE governance reform experience in 11 Emerging European countries, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms in most sectors, with substantial cross-country variation. Poor SOE performance raises three main risks: large and risky contingent liabilities could stretch public finances; sizeable state ownership of banks coupled with poor governance could threaten financial stability; and negative productivity spillovers could affect the economy at large. SOE governance frameworks are partly weak and should be strengthened along three lines: fleshing out a consistent ownership policy; giving teeth to financial oversight; and making SOE boards more professional.
Towards New Arrangements for State Ownership in the Middle East and North Africa
Author: OECD
Publisher: OECD Publishing
ISBN: 9264169113
Category :
Languages : en
Pages : 175
Book Description
This publication provides insight into the varied and rich experience in SOE reform in the region over the past decade, highlighting reform initiatives undertaken at national and country specific levels.
Publisher: OECD Publishing
ISBN: 9264169113
Category :
Languages : en
Pages : 175
Book Description
This publication provides insight into the varied and rich experience in SOE reform in the region over the past decade, highlighting reform initiatives undertaken at national and country specific levels.