In both the developed world and the third world public enterprise has come to assume considerable importance in the structure and development of national economies.
Originally published in 1984, this book, by an acknowledged international authority on public enterprise, explores this concept in both the major and the developing economies. He analyses how public enterprise functions and demonstrates how it may be integrated into both traditional Western mixed economies and third world economies with a much high level of state control.
Preface. List of Tables. List of Figures. List of Appendices. Part 1: The Concept of Public Enterprise 1. Introduction 2. The ‘Public’ Concept 3. The ‘Enterprise’ Concept 4. Synthesis between the ‘Public’ and the ‘Enterprise’ Concepts 5. Taxonomy and the Concept of Public Enterprise 6. The Definitional Issue Part 2: Public Enterprise in Developing Countries Introduction 7. The Development Perspective 8. The Genesis of Public Enterprise 9. Monopoly Elements 10. Sectoral Coverage 11. The Financial Performance 12. The Real Costs of Public Enterprise 13. The Impact on the Public Exchequer 14. The Concept of Comparative Advantage 15. Classification of Developing Countries Part 3: Decentralisation of Public Enterprise Control 16. The Theme 17. Independent Commissions 18. Consumer Councils 19. Techniques of Enterprise Organisation 20. The Market 21. Conclusion. Appendices. Index.