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Politik og regering

Stateowned Enterprises In A Mixed Economy

Micro Versus Macro Economic Objectives

Udgivet af Taylor & Francis Ltd

Bogdetaljer

  • Hæftet
  • 198 sider
  • Engelsk
ISBN 9780367304232
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A distinctive feature of economic trends of the past three decades has been the increase in microeconomic intervention by state-owned enterprises (SOEs) in the market economies of rich industrial and poor developing nations. The majority of SOEs were established as policy instruments of choice in response to a variety …

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Bogdetaljer
Forfatter Mehdi Haririan
Forlag Taylor & Francis Ltd
Kategori Politik og regering
ISBN-13 9780367304232
EAN 9780367304232
Format Hæftet
Sprog Engelsk
sider 198
Undertitel - Micro Versus Macro Economic Objectives
Produktbeskrivelse
A distinctive feature of economic trends of the past three decades has been the increase in microeconomic intervention by state-owned enterprises (SOEs) in the market economies of rich industrial and poor developing nations. The majority of SOEs were established as policy instruments of choice in response to a variety of socioeconomic needs and socio-political problems. As persuasively demonstrated in this book, microeconomic efficiency criteria alone, stemming from the theory of a perfectly competitive economy, are badly designed criteria for public firms. The historical part of the book, in particular, discusses quite compellingly a number of causes other than market failures for the existence of state-owned enterprises. This discussion develops complex answers regarding causes for the existence of public firms.

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