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Public Enterprise in Less Developed Countries 1st Edition by Leroy P Jones ISBN 052110291X 9780521102919

  • SKU: BELL-2243320
Public Enterprise in Less Developed Countries 1st Edition by Leroy P Jones ISBN 052110291X 9780521102919
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Public Enterprise in Less Developed Countries 1st Edition by Leroy P Jones ISBN 052110291X 9780521102919 instant download after payment.

Publisher: Cambridge University Press
File Extension: PDF
File size: 3.73 MB
Pages: 365
Author: Leroy P. Jones
ISBN: 052110291X, 9780521102919, 0521248213
Language: English
Year: 2009
Edition: 1

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Public Enterprise in Less Developed Countries 1st Edition by Leroy P Jones ISBN 052110291X 9780521102919 by Leroy P. Jones 052110291X, 9780521102919, 0521248213 instant download after payment.

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Product details:

ISBN 10: 052110291X 
ISBN 13: 9780521102919
Author: Leroy P Jones

This volume consists of papers chosen from the Boston Area Public Enterprise Group Conference that was held in 1980 and concentrated on public enterprises in less-developed countries. The Boston Area Public Enterprise Group is composed of scholars dedicated to understanding the public enterprises operating in the world's mixed economies. Public enterprises are government-owned firms that sell goods or services in a market. Involved in public production for private consumption, they are a hybrid of government and private enterprise. Thus, an analysis of public enterprise requires insights from economics, management, political science and law. Each of these disciplines is represented in addressing the following questions: Why public enterprise? Who should control public enterprise? How are decisions made in practice? How do public enterprises behave in international markets? How does risk and uncertainty alter public enterprise decisions'? How are incentive structures to be designed'? How do public enterprises compare with other public policy tools for dealing with particular problems'? The contributions combine theory and practice in analysing a variety of less-developed countries.

Public Enterprise in Less Developed Countries 1st Table of contents:

1. Introduction

  • Are public enterprises a useful unit of observation?

  • What determines the size and structure of the public-enterprise sector?

  • Principal-agent relationships: Who should control public enterprises?

  • How are decisions made in practice?

  • How do public enterprises behave in international markets?

  • How do public-enterprise managers respond to risk?

  • How are incentive systems to be designed?

  • How does public enterprise compare with other intervention mechanisms?

Part I: Why Public Enterprise?

  1. Role of economic factors in determining the size and structure of the public-enterprise sector in less-developed countries with mixed economies
    Leroy P. Jones and Edward S. Mason

    • Introduction

    • Evidence on size and structure

    • Benefits and costs of public enterprise in an optimal economic order

    • Evidence on revealed institutional advantage of public enterprise

    • Conclusion

  2. Political economy of public enterprise
    Muzaffer Ahmad

    • Traditional economics versus political economy

    • Political economy: an alternative approach

    • The nature of the contending social forces

    • Evolution of social forces in the colonial period

    • Categories of public enterprise in dominant-subordinate countries

    • Stability of public-enterprise regimes

    • Conflict within the public-enterprise sector

    • Generation and distribution of surplus

Part II: Principal-Agent Relationships: Who Should Control Public Enterprise?

  1. State-owned enterprise: An agent without a principal
    Yair Aharoni

    • Introduction

    • The principal-agent problem

    • State-owned enterprises as agents

    • The role of government as principal

    • Implications for management and performance

  2. Public enterprise and the principal-agent problem
    Edward S. Mason

    • Theoretical framework

    • Application to public enterprises

    • Case studies and examples

    • Policy implications

Part III: Performance and Evaluation

  1. Performance of public enterprises in developing countries
    Richard D. Mallon

    • Criteria for performance evaluation

    • Methodologies and approaches

    • Findings from case studies

    • Recommendations for improvement

  2. Comparative performance of public and private enterprises
    Paul N. Rosenstein-Rodan

    • Theoretical considerations

    • Empirical evidence

    • Factors influencing performance

    • Policy recommendations

Conclusion

  1. Summary and policy implications
    Raymond Vernon

    • Key findings

    • Implications for policy and practice

    • Directions for future research

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Tags: Leroy P Jones, Enterprise, Countries

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