Bureaucrats in Business: The Economics and Politics of Government Ownership (World Bank Policy Research Report)

By World Bank.

Bureaucrats in Business: The Economics and Politics of Government Ownership (World Bank Policy Research Report)

Description

Despite more than a decade of privatization, state-owned enterprises account for nearly as large a share of developing countries' economies today as twenty years ago. Often inefficient government firms and the resulting deficits hinder growth, making it harder for people to escape poverty. Drawing on extensive data and detailed case studies, this report shows students how divestiture and other reforms can improve the economy, and why politics often impedes reform. It also focuses on how successfully reformed countries have overcome such obstacles. The authors analyze three types of com...

ISBN(s)

0195211065, 9780195211061

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