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Introduction / Luc Bernier, Massimo Florio and Philippe Bance -- The scope of the phenomenon -- Perspectives on history and geography -- Approaches to the study of state-owned enterprises -- Financial dimensions of public ownership -- Issues about governance -- The activities and performance of...
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"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...
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positive effects, and the effects of domestic privatization tend to be larger in countries with a more competitive business …
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data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …
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positive effects, and the effects of domestic privatization tend to be larger in countries with a more competitive business …
Persistent link: https://www.econbiz.de/10011421952
The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...
Persistent link: https://www.econbiz.de/10011324982