LEADER 03977oam 22004934a 450 001 996483170903316 005 20210915045954.0 010 $a963-386-322-8 035 $a(CKB)4100000011325102 035 $a(MiAaPQ)EBC6571537 035 $a(Au-PeEL)EBL6571537 035 $a(OCoLC)1090282837 035 $a(MdBmJHUP)muse75878 035 $a(DE-B1597)633469 035 $a(DE-B1597)9789633863220 035 $a(EXLCZ)994100000011325102 100 $a20190318d2019 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aSeeking the Best Master$eState Ownership in the Varieties of Capitalism /$fedited by Miklo?s Szanyi 210 1$aNew York :$cCentral European University Press,$d[2019] 210 4$dİ[2019] 215 $a1 online resource (388 pages) 300 $aIncludes index. 311 $a963-386-321-X 327 $tFrontmatter -- $tContents -- $tIntroduction: The Revival of the State -- $tChapter 1: Crisis Management in Europe: Nationalizations and Privatizations -- $tChapter 2: The Changing Role of the State in France: from Crisis to Crisis -- $tChapter 3: The Involvement of the State in the German Economy -- $tChapter 4: The Relationship between State and Private Enterprise in the Austrian Economy -- $tChapter 5: Some Aspects of State Ownership in East-Central European Transition -- $tChapter 6: Listed Companies with State Ownership: The Case of Poland -- $tChapter 7: The Changing Role of the State in Slovenia: Privatizations and Banks? consolidations -- $tChapter 8: The Role of State Ownership in and after Hungary?s Transition to Market Economy -- $tChapter 9: The Changing Role of the State in Development in Emerging Economies: The Developmental State Perspective -- $tChapter 10: A Successful Model of State Capitalism: Singapore -- $tChapter 11: The Changing Role of the State in Turkish Economy -- $tChapter 12: Strong State Influence in the Brazilian Economy: Continuity or Change? -- $tConcluding Remarks and Further Research Agenda -- $tList of Contributors -- $tIndex 330 $aThe economic crisis of 2008?2009 signaled the end of the Post-Washington Consensus on restricting the role of the state in economic and development policy. Since then, state ownership and state intervention have increased worldwide. This volume offers a comparative analysis of the evolution of direct state intervention in the economy through state-owned companies in Austria, Brazil, France, Germany, Hungary, Poland, Turkey, Singapore, and Slovenia. Each case study includes substantial explanations of historical, cultural, and institutional contexts. All the contributors point to the complex nature of the current revival in state economic interventions. The few models that are successful cannot hide the potential problems of excessive state intervention, linked to high levels of moral hazard. State-owned enterprises are primary tools of market and price manipulation for political purposes. They can be used outright for rent seeking. Yet state-owned enterprises can also play important roles in prestigious national initiatives, like major public works or high-profile social and sports events. The authors conclude that after the uniform application of democratic market economic principles, the 2000s witnessed a path-dependent departure from standard economic and political operating procedures in developed countries. 606 $aCapitalism 606 $aGovernment ownership 608 $aElectronic books. 610 $aCapitalism, Economic policy, Central and Eastern Europe, Ownership, Poland, Political economy. 615 0$aCapitalism. 615 0$aGovernment ownership. 676 $a338.6/2 702 $aSzanyi$b M. 801 0$bMdBmJHUP 801 1$bMdBmJHUP 906 $aBOOK 912 $a996483170903316 996 $aSeeking the Best Master$91893604 997 $aUNISA