The Rise and Fall of State-Owned Enterprise in the Western World

Front Cover
Pierangelo Maria Toninelli
Cambridge University Press, Oct 2, 2000 - Business & Economics - 320 pages
This book examines the rise and fall in the twentieth-century Western world of state-owned enterprises (SOEs), a chief instrument of state economic intervention. The authors offer historical perspectives on the origins and purpose of SOEs, their performance, and the reasons for their precipitate decline. The volume explores the theory of state business as well as the permutations and future prospects of the institution in practice. The contributors present studies of the development of state-owned enterprises in seven Western European countries and the United States.
 

Contents

The Framework
3
The Decline of StateOwned Enterprise and the
25
The Performance of StateOwned Enterprises
49
The Role of the State in Economic Growth
73
The Rise and Fall of StateOwned Enterprise in Germany
103
Italys Futile Search
128
State Enterprise in Britain in the Twentieth Century
157
The Rise and Decline of StateOwned Industry
185
The Rise and Decline of Spanish StateOwned Firms
208
Fifty Years of StateOwned Industry in Austria 19461996
237
StateOwned
253
Schumpeter Revisited
303
Index
311
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