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Routledge Stateowned Enterprises In A Mixed Economy: Micro Versus Macro Economic Objectives

Name: Stateowned Enterprises In A Mixed Economy: Micro Versus Macro Economic Objectives
Brand: Routledge
Price: 95.69 GBP
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Political Science

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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 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.

Product Specifications

Brand: Routledge
Format: Hardcover
ASIN: 036728877X
Category: Books > Subjects > Politics, Philosophy & Social Sciences > Government & Politics > Political Science & Ideology > Political Science
Domain: Amazon UK
Release Date: 09 September 2019
Listed Since: 04 September 2019

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Routledge Stateowned Enterprises In A Mixed Economy: Micro Versus Macro Economic Objectives

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