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Exposed to Innumerable Delusions Public Enterprise and State Power in Egypt, India, Mexico, and Turkey

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ISBN-10: 0521435498

ISBN-13: 9780521435499

Edition: 1993

Authors: John Waterbury, Randall Calvert, Thrainn Eggertsson

List price: $54.99
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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…    
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Book details

List price: $54.99
Copyright year: 1993
Publisher: Cambridge University Press
Publication date: 9/24/1993
Binding: Paperback
Pages: 368
Size: 6.25" wide x 9.00" long x 0.75" tall
Weight: 1.100
Language: English

Introduction: property and change
The will to transform
Strategies and policies of industrialization
Bald comparisons
Principals and agents: the characteristics of public enterprise performance
Reform and divestiture
Managerial careers and interests
The coalitional basis of state sectors
The public-private symbiosis
Public enterprise and organised labor