- We will send in 10–14 business days.
/images/books/3637481/9780521434973.jpg)
- Author: John Waterbury
- Publisher: Cambridge University Press
- ISBN-10: 0521434971
- ISBN-13: 9780521434973
- Format: 15.2 x 22.9 x 2.4 cm, hardcover
- Language: English
- SAVE -10% with code: EXTRA
Reviews
Description
The states of Egypt, India, Mexico, and Turkey have all developed extensive public enterprise sectors and have sought to regulate most economic activities outside the state sector. Their experiences have been typical of scores of developing countries that followed similar paths of industrialization. This study examines the origins of these state sectors, the dynamics of their growth and crises, and the efforts to reform or liquidate them. It is argued that public ownership creates its own culture and pathology that are similar across otherwise different systems. The logic of principal-agent relations under public ownership is so powerful that it swamps culture and peculiar institutional histories. While public sectors accumulate powerful associated interests over time, against most predictions these prove relatively powerless to block the reform process.
EXTRA 10 % discount with code: EXTRA
The promotion ends in 4d.14:15:39
The discount code is valid when purchasing from 10 €. Discounts do not stack.
- Author: John Waterbury
- Publisher: Cambridge University Press
- ISBN-10: 0521434971
- ISBN-13: 9780521434973
- Format: 15.2 x 22.9 x 2.4 cm, hardcover
- Language: English English
The states of Egypt, India, Mexico, and Turkey have all developed extensive public enterprise sectors and have sought to regulate most economic activities outside the state sector. Their experiences have been typical of scores of developing countries that followed similar paths of industrialization. This study examines the origins of these state sectors, the dynamics of their growth and crises, and the efforts to reform or liquidate them. It is argued that public ownership creates its own culture and pathology that are similar across otherwise different systems. The logic of principal-agent relations under public ownership is so powerful that it swamps culture and peculiar institutional histories. While public sectors accumulate powerful associated interests over time, against most predictions these prove relatively powerless to block the reform process.
Reviews