Bureaucrats in Business The Economics and Politics of Government Ownership |
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| Author:
| World Bank, World |
| Series title: | World Bank Policy Research Report |
| ISBN: | 978-0-19-521106-1 |
| Publication Date: | Jan 1996 |
| Publisher: | Oxford University Press, Incorporated
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| Book Format: | Paperback |
| List Price: | USD $38.95 |
Book Description:
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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. This report shows how divestiture and other reforms can improve the economy, why politics often impedes reform, and how countries that reformed successfully overcame these obstacles.
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. This report shows how divestiture and other reforms can improve the economy, why politics often impedes reform, and how countries that reformed successfully overcame these obstacles.