Price theory has provided solutions to myriad problems affecting society without invoking any precepts beyond those encapsulated in the standard economic postulate. Fiscal theory, meanwhile, has been closely attentive to the political, sociological and historical circumstances that bear upon the...

Major theoretical approaches stress the superiority of privately-owned over state-owned companies without addressing how corporate performance should best be measured. This book investigates performance of both private and state-owned, applying factor analysis to compare the two states

It is widely admitted that markets are the main driving force of the economy but governments' intervention could, in some circumstances, improve on their outcomes. This book provides a structured analysis relating theoretical arguments, implementation approaches and effectiveness of industrial...