Publication:
The Business of the State

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dc.contributor.authorWorld Bank
dc.date.accessioned2023-09-13T17:45:36Z
dc.date.available2023-09-13T17:45:36Z
dc.date.issued2023-11-28
dc.description.abstractThe state, as an owner of businesses, competes and collaborates with the private sector at the firm level, market level, and economywide, and this involvement has profound implications for investment and growth. Governments actively participate in commercial markets in different forms, from controlling the production of goods and services to investing in firms as a minority shareholder. The impact of state participation on an economy’s growth depends on the type of public-private ownership, the types of markets, and the importance of those markets in the economy. The impact also depends on how policies and institutions regulate both the businesses with state ownership and the markets in which they are active. The Business of the State uses new evidence covering 91 countries from the World Bank’s Global Businesses of the State database to highlight the distinction between businesses of the state and traditionally understood state-owned enterprises. The report analyzes how different ownership arrangements across sectors and institutional settings affect private investment, productivity, technology adoption, and job creation. It also analyzes how these government arrangements influence the ability of economies to respond to shocks, from pandemics to climate change. The report proposes a clear analytical framework for understanding the consequences of relying on businesses of the state to attain specific development goals.
dc.identifier.doi10.1596/978-1-4648-1998-8
dc.identifier.doi10.1596/40343
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40343
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectSTATE OWNERSHIP
dc.subjectSEOs
dc.subjectOWNERSHIP FORMS
dc.subjectPRIVATE INVESTMENT
dc.subjectDEVELOPMENT GOALS
dc.titleThe Business of the Stateen
dc.typeBook
dspace.entity.typePublication
okr.crossref.titleThe Business of the State
okr.date.disclosure2023-11-28
okr.date.doiregistration2025-04-15T11:23:22.992159Z
okr.doctypePublications & Research::Publication
okr.guid099025011282357844
okr.guid099025011282357844
okr.identifier.doihttp://dx.doi.org/10.1596/40343
okr.language.supporteden
okr.statistics.combined12053
okr.statistics.dr099025011282357844
okr.statistics.drstats2413
okr.topicPublic Sector Development::State Owned Enterprise Reform
okr.unitECREF
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