The economics of public enterprise
著者
書誌事項
The economics of public enterprise
Routledge, 1991
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
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.
目次
- Part 1 The genesis: the concept and rationale of public enterprise
- the emergence of public enterprise
- extra-enterprise objectives
- investment and capital structure. Part 2 The working: financial performance
- pricing
- targets
- monitoring
- evaluation. Part 3 The macro aspects: tax and subsidy elements in public enterprise prices
- public enterprise and the public exchequer
- the distributional effects of public enterprise
- government relationships with public enterprise. Part 4 Conclusion: privatization.
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