Seeking the Best Master is popular PDF and ePub book, written by Miklós Szanyi in 2020-02-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Seeking the Best Master can be Read Online from any device for your convenience.
Seeking the Best Master Book PDF Summary
The economic crisis of 2008–2009 signaled the end of the Post-Washington Consensus on restricting the role of the state in economic and development policy. Since then, state ownership and state intervention have increased worldwide. This volume offers a comparative analysis of the evolution of direct state intervention in the economy through state-owned companies in Austria, Brazil, France, Germany, Hungary, Poland, Turkey, Singapore, and Slovenia. Each case study includes substantial explanations of historical, cultural, and institutional contexts. All the contributors point to the complex nature of the current revival in state economic interventions. The few models that are successful cannot hide the potential problems of excessive state intervention, linked to high levels of moral hazard. State-owned enterprises are primary tools of market and price manipulation for political purposes. They can be used outright for rent seeking. Yet state-owned enterprises can also play important roles in prestigious national initiatives, like major public works or high-profile social and sports events. The authors conclude that after the uniform application of democratic market economic principles, the 2000s witnessed a path-dependent departure from standard economic and political operating procedures in developed countries.
Detail Book of Seeking the Best Master PDF
- Author : Miklós Szanyi
- Release : 01 February 2020
- Publisher : Central European University Press
- ISBN : 9789633863220
- Genre : Business & Economics
- Total Page : 380 pages
- Language : English
- PDF File Size : 16,8 Mb
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