The Economics of Public Enterprise (Routledge Library Editions: Public Enterprise and Privatization) - Softcover

Book 11 of 14: Routledge Library Editions: Public Enterprise and Privatization

Ramanadham, V.

 
9780367190576: The Economics of Public Enterprise (Routledge Library Editions: Public Enterprise and Privatization)
Softcover
ISBN 10: 0367190575 ISBN 13: 9780367190576
Publisher: Routledge, 2021

Synopsis

Public enterprises have played a central part in the development of all mixed economies in the post-war period, but they are now in a crisis phase. Privatisation has pushed back the level of public enterprise almost throughout the world. Where public enterprises remain, they are being brought under significant reforms.

Originally published in 1991, this book presents a comprehensive critique of public enterprise, analysing why its performance has fallen far short of expectations. Part one is concerned with the establishment of public enterprises: the case for them, the circumstances in which they emerged, the extra enterprise objectives attached to them, and the decisions on their investment feasibility and capital structure.

Part two looks at the working of public enterprises: the state of their financial performance, the peculiarities of pricing, the determination of targets which they should meet, the continuous monitoring and evaluation of their operations.

Macro concerns are the focus of Part three. Among the issues addressed are the level of indirect taxation and subsidisation implicit in the pricing structures of public enterprises, the links between public enterprise and the public exchequer and the implications of their operations for distributional equity. In Part four the extent to which privatisation can solve the problems of public enterprise is discussed. The book ends with some broad conclusions on the future of public enterprise. Throughout, the approach is analytical, but the arguments are supported by extensive examples from both developed and developing economies.

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About the Author

Ramanadham, V. V.

"About this title" may belong to another edition of this title.

Publisher
Routledge
Publication date
2021
Language
English
ISBN 10 
0367190575
ISBN 13 
9780367190576
Binding
Paperback
Edition number
1
Number of pages
490

Other Popular Editions of the Same Title

9780367190453: The Economics of Public Enterprise (Routledge Library Editions: Public Enterprise and Privatization)

Featured Edition

ISBN 10:  0367190451 ISBN 13:  9780367190453
Publisher: Routledge, 2019
Hardcover