THE GOVERNANCE OF PUBLIC ENTERPRISES: THE QUEBEC EXPERIENCE

Luc Bernier · Louis Simard

11 citations0/0 files storedAnnals of Public and Cooperative Economics

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Public Policy and Administration Research Public-Private Partnership Projects State Capitalism and Financial Governance

Abstract

ABSTRACT ** : Have public enterprises become obsolete policy instruments? Should they be privatized or can their governance be radically transformed so that they could still be used as policy instruments? The world around them has changed and forced governments to move. After a discussion on the arguments in favour of privatization, this article suggests an analysis of three cases in the Canadian province of Quebec. Considering the pressures linked to the liberalization of trade resulting from NAFTA, this article suggests that the governance of public enterprises can be transformed and adapted and that consequently, it is not useful or necessary to privatize them. There is in reality a lot of room in the public enterprise governance to reform them, room that has been neglected over the last decades.

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References

2001From State to Market: A Survey of Empirical Studies on Privatization 2000Governance, Politics and the State 1994The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis 1951TVA and the Grass Roots 1978Between Power And Plenty: Foreign Economic Policies Of Advanced Industrial States 1982State Capacity and Economic Intervention in the Early New Deal 2000Studying Governance and Public Management: Challenges and Prospects 1986Governing the economy

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