Reinventing State Capitalism: Leviathan in Business, Brazil and Beyond
| Author | : | |
| Rating | : | 4.92 (568 Votes) |
| Asin | : | 0674729684 |
| Format Type | : | paperback |
| Number of Pages | : | 368 Pages |
| Publish Date | : | 2017-03-19 |
| Language | : | English |
DESCRIPTION:
According to another hybrid model, the state uses sovereign wealth funds, holding companies, and development banks to acquire a small share of equity ownership in a corporation, thereby potentially alleviating capital constraints and leveraging latent capabilities.Both models have benefits and costs. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called "national champions"). The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. This fo
. Lazzarini is Professor of Organization and Strategy at the Insper Institute of Education and Research. Aldo Musacchio is Associate Professor of Strategy and Director of the Brazil and Latin America Initiatives at Brandeis University.Sergio G
Balanced and Insightful Most observers see SOES as inefficient soviet companies. However, the typical SOE model is changing. Traditional state capitalism had governments own and manage SOEs as extensions of the public bureaucracy. The authors define state capitalism today as 'the widespread influence of the government in the economy, either by owning majority or minority equity positions (the latter comprises the fastest growing group) in companies or by providing subsidiz. Great book. It's an easy read for any student Great book. It's an easy read for any student looking to get to know a little bit more on how state capitalism evolved along the years and how countries have different policies regarding it.
(Ben Ross Schneider, Massachusetts Institute of Technology)What should one make of the revival of state capitalism? …Reinventing State Capitalism…sheds fresh light on the question. (The Economist 2014-06-21) . It opens broad new fields of research and analysis, and brings fresh insights and extensive data to bear on the topic. It is truly path-breaking. This excellent book is likely to shift the terms of the debate on new and growing forms of state intervention into capitalist economies