State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges

State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges
Author: Mr. Ernesto Ramirez Rigo
Publisher: International Monetary Fund
Total Pages: 153
Release: 2021-09-20
Genre: Business & Economics
ISBN: 1513594087

Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.

Reforms, Opportunities, and Challenges for State-Owned Enterprises

Reforms, Opportunities, and Challenges for State-Owned Enterprises
Author: Edimon Ginting
Publisher: Asian Development Bank
Total Pages: 355
Release: 2020-07-01
Genre: Business & Economics
ISBN: 9292622838

State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.

State-Owned Multinationals

State-Owned Multinationals
Author: Alvaro Cuervo-Cazurra
Publisher: Springer
Total Pages: 287
Release: 2017-10-24
Genre: Business & Economics
ISBN: 3319517155

This book provides a deep understanding of state-owned multinationals (SOMNCs) and their role in global business. SOMNCs have emerged as a force to contend with in global competition, and their study connects several fields such as economics, political economy, international business and global strategy. This prestigious collection of articles presents insights into the interaction between government ownership and internationalization, and aims to provoke new research approaches and insights on the topic. The book includes some of the key contributions to our understanding of these firms and new commentaries explaining how to analyze them. This book is essential reading for academics and consultants looking to gain a clearer understanding of SOMNCs and how to research them.

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

The Rise and Fall of State-Owned Enterprise in the Western World
Author: Pierangelo Maria Toninelli
Publisher: Cambridge University Press
Total Pages: 342
Release: 2000-10-02
Genre: Business & Economics
ISBN: 9780521780810

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

The Socialist Market Economy in Asia

The Socialist Market Economy in Asia
Author: Arve Hansen
Publisher: Springer Nature
Total Pages: 358
Release: 2020-10-26
Genre: History
ISBN: 9811562482

This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Governance and State-Owned Enterprises: How Costly is Corruption?

Governance and State-Owned Enterprises: How Costly is Corruption?
Author: Ms.Anja Baum
Publisher: International Monetary Fund
Total Pages: 43
Release: 2019-11-22
Genre: Social Science
ISBN: 1513522221

State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affected by corruption. However, there is limited cross-country analysis on the costs of corruption for SOEs. We present new evidence on how corruption affects the performance of SOEs using firm level data across a large number of countries. One striking result is that SOEs perform as well as private firms in core sectors when corruption is low. Taking advantage of a novel database reforms, we also show that SOE governance reforms can generate significant performance gains.

State-Owned Entities and Human Rights

State-Owned Entities and Human Rights
Author: Mihaela Maria Barnes
Publisher: Cambridge University Press
Total Pages: 341
Release: 2021-12-02
Genre: Law
ISBN: 1108832873

Examines the fundamental role played by international law in the regulation of State-owned entities from a human rights perspective.

International Debt Statistics 2021

International Debt Statistics 2021
Author: World Bank
Publisher: World Bank Publications
Total Pages: 227
Release: 2020-12-21
Genre: Business & Economics
ISBN: 1464816115

International Debt Statistics (IDS), a long-standing annual publication of the World Bank, features external debt statistics and analysis for the 120 low- and middle-income countries that report to the World Bank Debtor Reporting System. IDS 2021 includes (1) an overview analyzing global trends in debt stocks of and debt flows to low- and middle-income countries within the framework of aggregate capital flows (debt and equity); (2) a feature story on the World Bank and International Monetary Fund Debt Service Suspension Initiative in response to the COVID-19 pandemic; (3) tables and charts detailing debtor and creditor composition of debt stock and flows, terms of new commitments, and maturity structure of future debt service payments and debt burdens, measured in relation to gross national income and export earnings for each country; (4) one-page summaries per country, plus global, regional, and income group aggregates showing debt stocks and flows, relevant debt indicators, and metadata for six years (2009 and 2015†“19); and (5) a user guide describing the tables and content, definitions and rationale for the country and income groupings used in the report, data notes, and information about additional resources and comprehensive data sets available to users online. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDS 2021 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDS 2021 and related products, please visit the World Bank’s Data Catalog at https://datacatalog.worldbank.org/dataset/international-debt-statistics.

Oil and Governance

Oil and Governance
Author: David G. Victor
Publisher: Cambridge University Press
Total Pages: 1035
Release: 2011-12-08
Genre: Political Science
ISBN: 1139502883

National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.