{"product_id":"stateowned-enterprises-in-a-mixed-economy-1","title":"Stateowned Enterprises In A Mixed Economy","description":"A distinctive feature of economic trends of the past three decades has been the increase in microeconomic intervention by state-owned enterprises (SOEs) in the market economies of rich industrial and poor developing nations. The majority of SOEs were established as policy instruments of choice in response to a variety of socioeconomic needs and socio-political problems. As persuasively demonstrated in this book, microeconomic efficiency criteria alone, stemming from the theory of a perfectly competitive economy, are badly designed criteria for public firms. The historical part of the book, in particular, discusses quite compellingly a number of causes other than market failures for the existence of state-owned enterprises. This discussion develops complex answers regarding causes for the existence of public firms.","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":54244692918616,"sku":"9780367304232","price":55.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780367304232_069e4db3-e81f-4023-b896-0257f124acf6.jpg?v=1777722347","url":"https:\/\/agendabookshop.com\/products\/stateowned-enterprises-in-a-mixed-economy-1","provider":"Agenda Bookshop","version":"1.0","type":"link"}