{"product_id":"stateowned-enterprises-in-a-mixed-economy-hardback","title":"Stateowned Enterprises In A Mixed Economy - Hardback","description":"\u003cp\u003eA 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.\u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Default Title","offer_id":45548669665518,"sku":"9780367288778","price":227.2,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9780367288778.jpg?v=1720266971","url":"https:\/\/bookland.com.au\/products\/stateowned-enterprises-in-a-mixed-economy-hardback","provider":"Book Land AU","version":"1.0","type":"link"}