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

This book examines the twentieth-century rise and fall of state-owned enterprises in Western political economy.

Pier Angelo Toninelli (Edited by)

9780521780810, Cambridge University Press

Hardback, published 2 October 2000

336 pages, 6 b/w illus. 27 tables
22.9 x 15.2 x 2.2 cm, 0.66 kg

Review of the hardback: '… this is a fascinating book.' Business History

This book examines the rise and fall in the twentieth-century Western world of state-owned enterprises, a chief instrument of state economic intervention. It offers historical perspective on the origins and purpose of state-owned enterprises, their performance, and the reasons for their precipitate decline from their heyday in the 1960s to the waves of privatization in the 1980s and 1990s. Looking to the future as well as the past of state business, this book explores the concept of state-owned enterprise and its context in Western political economy, 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.

Preface
Part I. Setting the Stage: 1. The rise and fall of public enterprise: the framework Pier Angelo Toninelli
2. The decline of state-owned enterprise and the new foundations of the state-industry relationship Nicola Bellini
3. The performance of state-owned enterprises Yair Aharoni
4. The role of the state in economic growth Erik S. Reinert
Part II. National Cases: 5. The rise and fall of state-owned enterprise in Germany Ulrich Wengenroth
6. Beyond state or market: Italy's futile search for a third way Franco Amatori
7. State enterprise in Britain in the twentieth century Robert Millward
8. The rise and decline of state-owned industry in twentieth-century France Emmanuel Chadeau
9. The rise and decline of Spanish state-owned firms Albert Carreras, Xavier Tafunell and Eugenio Torres
10. Fifty years of state-owned industry in Austria, 1946–96 Dieter Stiefel
11. State-owned enterprises in the Netherlands in the long twentieth century M. Davids and Jan L. van Zanden
12. State-owned enterprises in a hostile environment Louis Galambos
Conclusion: Schumpeter revisited Louis Galambos and William Baumol.

Subject Areas: 20th century history: c 1900 to c 2000 [HBLW], General & world history [HBG]