State Owned Enterprises in Emerging Europe The Good the Bad and the Ugly is popular PDF and ePub book, written by Uwe Böwer in 2017-10-30, 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, State Owned Enterprises in Emerging Europe The Good the Bad and the Ugly can be Read Online from any device for your convenience.
State Owned Enterprises in Emerging Europe The Good the Bad and the Ugly Book PDF Summary
State-owned enterprises (SOEs) play an important role in Emerging Europe’s economies, notably in the energy and transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across countries and vis-à-vis private firms, and evaluates recent SOE governance reform experience in 11 Emerging European countries, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms in most sectors, with substantial cross-country variation. Poor SOE performance raises three main risks: large and risky contingent liabilities could stretch public finances; sizeable state ownership of banks coupled with poor governance could threaten financial stability; and negative productivity spillovers could affect the economy at large. SOE governance frameworks are partly weak and should be strengthened along three lines: fleshing out a consistent ownership policy; giving teeth to financial oversight; and making SOE boards more professional.
Detail Book of State Owned Enterprises in Emerging Europe The Good the Bad and the Ugly PDF
- Author : Uwe Böwer
- Release : 30 October 2017
- Publisher : International Monetary Fund
- ISBN : 9781484315163
- Genre : Business & Economics
- Total Page : 27 pages
- Language : English
- PDF File Size : 13,6 Mb
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