The Role of Public Enterprises in the National Economy

Public enterprises are state-owned production units that market their output and are thus directly involved in the market process, unlike the state provision of roads, defense, and law and order which are provided, not marketed. Their existence raises the fundamental question of why they are in the...

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Bibliographic Details
Main Author: David M. Newbery
Format: Article
Language:English
Published: World Scientific Publishing 1992-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110592000083

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