Public Enterprise Revisited

Author : Chrisafis H. Iordanoglou
Publisher : Edward Elgar Publishing
Page : 671 pages
File Size : 50,5 Mb
Release : 2001-01-01
Category : Business & Economics
ISBN : 9781781950371

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Public Enterprise Revisited by Chrisafis H. Iordanoglou Pdf

"The book compares the 1954-79 labour productivity record of five expanding public sector industries to that of 24 expanding, capital intensive, mass-production industries in the British private sector. The author shows that the public sector industries' labour productivity growth was significantly faster than that of the private sector industries. Strikingly, he also finds that the state-owned industries were narrowing their productivity gap with their US counterparts at a significantly faster rate than the private sector industries. Dr. Iordanoglou concludes that it is possible that public ownership had - in the historical period investigated - a long-term positive effect on these industries."--BOOK JACKET.

Author : Robert Millward
Publisher : Cambridge University Press
Page : 388 pages
File Size : 53,6 Mb
Release : 2005
Category : Energy industries
ISBN : 0521835240

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Private and Public Enterprise in Europe by Robert Millward Pdf

Author : Luc Bernier,Massimo Florio,Philippe Bance
Publisher : Routledge
Page : 679 pages
File Size : 49,8 Mb
Release : 2020-05-27
Category : Business & Economics
ISBN : 9781351042536

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The Routledge Handbook of State-Owned Enterprises by Luc Bernier,Massimo Florio,Philippe Bance Pdf

State-owned enterprises make up roughly 10 percent of the world economy, yet they are woefully understudied. This handbook offers the first synthesis of the topic since the 1980s and offers a comprehensive reference for a generation. The authors provide a detailed explanation of the theory that underpins the expansion of state-owned enterprises in the 21st century. Each chapter delivers an overview of current knowledge, as well as identifying issues and relevant debates for future research. The authors explain how state-owned enterprises are used in both developed and developing countries and offer an insight into complex and fascinating organizations such as the German municipal conglomerates or the multinational companies owned by states. New modes of governance and regulation have been invented to make sure they act in the public interest. This handbook brings together a wealth of international scholars, offering multiple theoretical perspectives to help shape a brave new world. It will be of interest to teachers and students of Economics, Public Administration and Business, academics, established researchers and PhD students seeking rigorous literature reviews on specific aspects of SOEs, as well as practitioners and decision makers in international organizations.

Author : Franco Amatori,Robert Millward,Pier Angelo Toninelli
Publisher : Routledge
Page : 301 pages
File Size : 51,6 Mb
Release : 2013-06-17
Category : Business & Economics
ISBN : 9781136738302

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Reappraising State-Owned Enterprise by Franco Amatori,Robert Millward,Pier Angelo Toninelli Pdf

After a quarter century of almost general condemnation and rebuttal of the entire nationalization experience, it appears that there are second thoughts about governmental direct intervention in the economy. Reappraising State-Owned Enterprise deals with a topic often undervalued in the past decade but which now, with the crisis of 2008-2009, calls for greater attention: the direct intervention of the State as Entrepreneur. The collection of essays in this volume – prepared by some of the leading authorities in the field – offers a contribution to this debate by providing a balanced assessment of two of the most relevant experiences of mixed economies, the United Kingdom and Italy. In this respect, a comparison between these two countries is very much appropriate since in both nations the State played an important role as "Entrepreneur" starting in the early 20th century. In Great Britain and Italy, the heyday of the "State as Entrepreneur" was in the years right after WWII when it was used as a tool for promoting a modern society in which citizens acquired a stronger sense of belonging to their nations. The UK and Italy saw the State take on a too-pervasive role in the 70s; the two nations responded in different ways. In the 1980s Great Britain embarked on a harsh process of privatizations while Italians struggled on until finally submitting to privatizations in their nation in the following decade. The deep crisis of the final years of the 21st century forced both nations to reconsider State interventions as an appropriate tool in order to protect the wellbeing of the national economy.

Author : V. V. Ramanadham
Publisher : Routledge
Page : 488 pages
File Size : 40,5 Mb
Release : 2019-02-11
Category : Business & Economics
ISBN : 9780429576027

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The Economics of Public Enterprise by V. V. Ramanadham Pdf

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.

Author : William G. Shepherd
Publisher : Unknown
Page : 264 pages
File Size : 54,5 Mb
Release : 1976
Category : Business & Economics
ISBN : STANFORD:36105036570906

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Public Enterprise by William G. Shepherd Pdf

Author : Avner Offer
Publisher : Cambridge University Press
Page : 243 pages
File Size : 40,5 Mb
Release : 2022-04-07
Category : Business & Economics
ISBN : 9781108496209

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Understanding the Private–Public Divide by Avner Offer Pdf

A distinctive new account of why markets focus on short-term goals, while government needs to concentrate on society's long-term interests.

Author : Maria Vagliasindi
Publisher : World Bank Publications
Page : 38 pages
File Size : 41,7 Mb
Release : 2012
Category : Electronic
ISBN : 8210379456XXX

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Governance Arrangements for State Owned Enterprises by Maria Vagliasindi Pdf

The aim of this paper is to shed new light on key challenges in governance arrangements for state owned enterprises in infrastructure sectors. The paper provides guidelines on how to classify the fuzzy and sometimes conflicting development goals of infrastructure and the governance arrangements needed to reach such goals. Three policy recommendations emerge. First, some of the structures implied by internationally adopted principles of corporate governance for state owned enterprises favoring a centralized ownership function versus a decentralized or dual structure have not yet been sufficiently "tested" in practice and may not suit all developing countries. Second, general corporate governance guidelines (and policy recommendations) need to be carefully adapted to infrastructure sectors, particularly in the natural monopoly segments. Because the market structure and regulatory arrangements in which state owned enterprises operate matters, governments may want to distinguish the state owned enterprises operating in potentially competitive sectors from the ones under a natural monopoly structure. Competition provides not only formidable benefits, but also unique opportunities for benchmarking, increasing transparency and accountability. Third, governments may want to avoid partial fixes, by tackling both the internal and external governance factors. Focusing only on one of the governance dimensions is unlikely to improve SOE performance in a sustainable way.

Author : David Parker
Publisher : Routledge
Page : 1030 pages
File Size : 49,7 Mb
Release : 2009-01-29
Category : Business & Economics
ISBN : 9781134031399

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The Official History of Privatisation Vol. I by David Parker Pdf

This first volume of the Official History studies the background to privatisation, and the privatisations of the first two Conservative Governments led by Margaret Thatcher from May 1979 to June 1987. First commissioned by the then Prime Minister Tony Blair as an authoritative history, this volume addresses a number of key questions: To what extent was privatisation a clear policy commitment within the Thatcher Governments of the 1980s - or did Government simply stumble on the idea? Why were particular public corporations sold early in the 1980s and other sales delayed until well into the 1990s? What were the privatisation objectives and how did they change over time, if at all? How was each privatisation planned and executed, how were different City advisers appointed and remunerated, what precise roles did they play? How was each privatisation administered; in what ways did the methods evolve and change and why? How were sale prices determined? Which government departments took the lead role; what was the input of the Treasury and Bank of England; and what was the relationship between Ministers and civil servants? The study draws heavily from the official records of the British Government to which the author was given full access and from interviews with leading figures involved in each of the privatisations – including ex-Ministers, civil servants, business and City figures, as well as academics that have studied the subject. This new official history will be of much interest to students of British political history, economics and business studies.

Author : Jos?? A. G??mez-Ib????ez
Publisher : Unknown
Page : 128 pages
File Size : 49,9 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931670451

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Alternatives to Infrastructure Privatization Revisited by Jos?? A. G??mez-Ib????ez Pdf

Frustration with the performance of State-owned enterprises (SOEs) has led to two rounds of reform: the first round, from the 1960s through the 1980s, attempted to improve SOE performance while maintaining public ownership while the second, beginning in the late 1980s, viewed privatization as the answer. Interest in the earlier round of reform has increased recently as controversy has slowed or halted privatization in many countries, especially for SOEs providing infrastructure services that are basic to everyday life and are thought to have elements of monopoly. This paper reexamines the earlier round of reforms, focusing particularly on efforts to increase the firms' capacity with infusions of human and physical capital, to strengthen managerial incentives through performance contracts and corporatization and to alter the mix of political and economic forces that impinge on the firm by strengthening the involvement of taxpayers, customers or private investors. The review suggests that these earlier approaches generated only modest success but that some of them, selectively applied, may be helpful in improving the performance of infrastructure firms that remain in public hands.

Author : Tharun Dolla,Boeing Laishram,Ganesh Devkar
Publisher : Springer Nature
Page : 281 pages
File Size : 40,5 Mb
Release : 2023-12-29
Category : Law
ISBN : 9783031370151

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Revisiting Public-Private Partnerships by Tharun Dolla,Boeing Laishram,Ganesh Devkar Pdf

This edited volume discusses the resilience of public-private partnerships (PPPs) in the wake of the COVID-19 pandemic. Using a comparative lens, the book assesses the degree to which global PPP infrastructure projects have been affected by the pandemic and details short term and long-term measures undertaken by governments and private parties to mitigate disruption to infrastructure delivery. Secondly, it focuses on improving the state-of-art knowledge by suggesting future directions to be taken by governments, practitioners, and researchers in order to create resilience in infrastructure projects when using PPPs as the delivery model. Chapters present diverse case studies of PPP governance across countries, covering topics such as regulatory issues, risk management, financing, contractual governance, arbitration, and stakeholder management. Providing a systematic review, assessment, and research agenda on lessons learned from the pandemic, this volume will appeal to researchers and students of public administration, public economics, construction management, infrastructure management, and public management, as well as practitioners and government professionals.

Author : V. V. Ramanadham
Publisher : Routledge
Page : 312 pages
File Size : 49,8 Mb
Release : 2019-02-11
Category : Business & Economics
ISBN : 9780429594533

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The Nature of Public Enterprise by V. V. Ramanadham Pdf

In both the developed world and the third world public enterprise has come to assume considerable importance in the structure and development of national economies. Originally published in 1984, this book, by an acknowledged international authority on public enterprise, explores this concept in both the major and the developing economies. He analyses how public enterprise functions and demonstrates how it may be integrated into both traditional Western mixed economies and third world economies with a much high level of state control.

Author : Ray Rees
Publisher : Weidenfeld & Nicolson
Page : 264 pages
File Size : 50,7 Mb
Release : 1984
Category : Government business enterprises
ISBN : UCAL:B4265825

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Public Enterprise Economics by Ray Rees Pdf

Author : Gündüz Atalik,Manfred M. Fischer
Publisher : Springer Science & Business Media
Page : 220 pages
File Size : 40,9 Mb
Release : 2012-12-06
Category : Science
ISBN : 9783642561948

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Regional Development Reconsidered by Gündüz Atalik,Manfred M. Fischer Pdf

In the last few years research on regional development has increased dramatically. Real-world concerns have - to a certain extent - driven this scientific concern of interest. The field has been given a big boost in particular by the process of European integration and the attempt to understand how this deeper integration will work at the regional level. This volume makes a modest attempt to reconsider the issue of regional development mainly from an European perspective and in the light of the transition of society towards a knowledge-driven economy. It originated from the Thirteenth European Advanced Studies Institute in Regional Science, held in Istanbul, July 2-8, 2000. In producing the book, as friends and colleagues, we have benefited from the possibility of exchange of ideas and experience. We have also received useful assistance from the referees who have offered observations and advice in their written reports. The soundness of their comments has contributed immensely to the quality of the volume. We should, in addition, like to acknowledge the timely manner in which contributing authors have responded to our requests, and their willingness to follow the stringent editorial guidelines.

Author : Leroy P. Jones
Publisher : Cambridge University Press
Page : 0 pages
File Size : 53,8 Mb
Release : 2010-08-04
Category : Business & Economics
ISBN : 0511752989

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Public Enterprise in Less Developed Countries by Leroy P. Jones Pdf

This volume consists of papers chosen from the Boston Area Public Enterprise Group Conference that was held in 1980 and concentrated on public enterprises in less-developed countries. The Boston Area Public Enterprise Group is composed of scholars dedicated to understanding the public enterprises operating in the world's mixed economies. Public enterprises are government-owned firms that sell goods or services in a market. Involved in public production for private consumption, they are a hybrid of government and private enterprise. Thus, an analysis of public enterprise requires insights from economics, management, political science and law. Each of these disciplines is represented in addressing the following questions: Why public enterprise? Who should control public enterprise? How are decisions made in practice? How do public enterprises behave in international markets? How does risk and uncertainty alter public enterprise decisions'? How are incentive structures to be designed'? How do public enterprises compare with other public policy tools for dealing with particular problems'? The contributions combine theory and practice in analysing a variety of less-developed countries.