Bureaucrats in Business The Economics and Politics of Government Ownership

Despite more than a decade of privatization, state-owned enterprises account for nearly as large a share of developing countries' economies today as twenty years ago. Often inefficient government firms and the resulting deficits hinder growth, making it harder for people to escape poverty.Bureaucrats in Business shows how divestiture and other reforms can improve the economy, why politics often impedes reform, and how countries that reformed successfully overcame these obstacles.World Bank Staff is the author of 'Bureaucrats in Business The Economics and Politics of Government Ownership' with ISBN 9780195211061 and ISBN 0195211065.