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Public Enterprise at the Crossroads (Hardcover)
Loot Price: R4,606
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Public Enterprise at the Crossroads (Hardcover)
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In many parts of the world, public enterprise is in crisis.
Privatization programs are being widely promoted as the solution to
many of the problems of inefficiency and slow rates of growth
associated with public enterprise. This book discusses the
underlying causes of those problems, and critically examines some
of the solutions that have been adopted.
"Public Enterprise at the Crossroads" has a wide geographical
scope and cuts across the political spectrum. The experiences of
countries in four continents are analyzed, with explorations of
current problems. The contributors find recurrent patterns;
problems are often found to be political as well as economic, and
bureaucracy and administrative confusion are seen as a major cause
of poor financial performance. Yet since political aims, the
economic environment, and administrative and managerial capacities
vary so widely, universal solutions remain more difficult to define
than universal problems.
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