Tagged: State Owned Enterprises

State-owned enterprises in the global economy - The Dismal Science

Paul Walker May 05, 2013

Some state-owned enterprises have become global players and the subject of much policymaking concern. There is a widespread perception that they may be acting differently when competing with private firms in the global market place. A new column at VoxEU.org, "State-owned enterprises in the global economy: Reason for concern?" introduces a new database on state-owned firms … Read More

Manufacturing the market we want - The Dismal Science

Bill Kaye-Blake Apr 02, 2013

A lot of economic theory is about markets. We then add government in as something that moves the market away from equilibrium. Subsidies, taxes, quotas, regulations, etc. — these are all ways in which government moves the market away from our assumption of what have happened otherwise. We never observe the counterfactual. We end up [...] … Read More