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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: 41.99 GBP
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Description

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: paperback
ASIN: 0367304236
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Corporate
Domain: Amazon UK
Release Date: 31 May 2021
Listed Since: 13 April 2021

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

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