Business and the State in Developing Countries

Business and the State in Developing Countries

Author: Sylvia Maxfield

Publisher: Cornell University Press

Published: 2018-09-05

Total Pages: 364

ISBN-13: 1501731971

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Much of the debate about development in the past decade pitted proponents of unfettered markets against advocates of developmental states. Yet, in many developing countries what best explains variations in economic performance is not markets or states but rather the character of relations between business and government. The studies in Business and the State in Developing Countries identify a range of close, collaborative relations between bureaucrats and capitalists that enhance elements of economic performance and defy conventional expectations that such relations lead ineluctably to rent-seeking, corruption, and collusion. All based on extensive field research, the essays contrast collaborative and collusive relations in a wide range of developing countries, mostly in Latin America and Asia, and isolate the conditions under which collaboration is most likely to emerge and survive. The contributors highlight the crucial roles played by capable bureaucracies and strong business associations.


Big Business and the State

Big Business and the State

Author: Harland Prechel

Publisher: State University of New York Press

Published: 2000-05-04

Total Pages: 340

ISBN-13: 0791492494

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In Big Business and the State Harland Prechel develops a conceptual framework that contrasts with prevailing definitions of the corporation. His analysis shows that corporate property rights and the legal basis of ownership are crucial to understanding corporate behavior. The book examines how historical transitions affected the three most significant corporate transformations in the last 110 years (1880s–1900s, 1920s–1930s, 1980s–1990s). During each period, in response to economic crisis, big business engaged in political behavior to pressure state managers to realign the institutional arrangements in which corporations were embedded. The historical multicausal method shows that economic crisis, managerial inefficiencies, dependence on external capital markets, and the political processes of redefining corporate property rights and corporate tax laws are crucial to understanding corporate transformation.


State-Business Relations and Economic Development in Africa and India

State-Business Relations and Economic Development in Africa and India

Author: Kunal Sen

Publisher: Routledge

Published: 2013-05-07

Total Pages: 230

ISBN-13: 1135129061

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When the state and business interact effectively they can promote a more efficient allocation of scarce resources, appropriate industrial policy and a more effective and prioritised removal of key obstacles to growth, than when the two sides fail to co-operate or engage in harmful collusion. This book, based on original empirical research undertaken in Africa and India, addresses what constitutes the effectiveness of state-business relations, what explains their formation and evolution over time and whether effective state-business relations matter for economic performance. Analysing the effects of state-business relations on economic performance at both the macro and micro levels, the book concludes that where effective state-business relations are established – either through formal or informal institutional patterns and relationships – the growth effects are generally positive. Establishing, sustaining and renewing effective state-business relations are political processes. The better organized the business community and the government are for purposes of such relations, the more effective state-business relations will be in negotiating growth enhancing policies. The book is of interest to researchers in the fields of development studies, management, economics and political science.


Reinventing State Capitalism

Reinventing State Capitalism

Author: Aldo Musacchio

Publisher: Harvard University Press

Published: 2014-04-22

Total Pages: 358

ISBN-13: 0674419596

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The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. 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”). Focusing on a detailed quantitative assessment of Brazil’s economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts as a majority investor, granting the state-owned enterprise (SOE) financial autonomy and allowing professional management. This form, the authors argue, has reduced many agency problems commonly faced by state ownership. 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. Yet neither model has entirely eliminated the temptation of governments to intervene in the operation of natural resource industries and other large strategic enterprises. Nevertheless, the longstanding debate over whether private ownership is superior or inferior to state capitalism has become irrelevant, Musacchio and Lazzarini conclude. Private ownership is now mingled with state capital on a global scale.


Business And The State In International Relations

Business And The State In International Relations

Author: Ronald W Cox

Publisher: Routledge

Published: 2019-04-11

Total Pages: 238

ISBN-13: 0429723741

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Challenging the traditional notion that state officials act autonomously in formulating and implementing international policy, the contributors to this volume argue that the influence of organized business groups has been consistently underestimated in recent decades. Each uses a "business conflict" model of state-society relations as a new paradig


The State, Business and Education

The State, Business and Education

Author: Gita Steiner-Khamsi

Publisher: Edward Elgar Publishing

Published: 2018-10-26

Total Pages: 207

ISBN-13: 1788970330

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Businesses, philanthropies and non-profit entities are increasingly successful in capturing public funds to support private provision of schooling in developed and developing countries. Coupled with market-based reforms that include weak regulation, control over workforces, standardization of processes and economies of scale, private provision of schooling is often seen to be convenient for both public authorities and businesses. This book examines how the public subsidization of these forms of private education affects quality, equality and the realization of human rights. With original research from leading experts, The State, Business and Educationsheds light on the privatization of education in fragile circumstances. It illustrates the ways in which private actors have expanded their involvement in education as a business, and shows the influence of policy borrowing on the spread of for-profit education. Case studies from Argentina, Bangladesh, Brazil, China, India and Syrian refugee camps illustrate the ways in which private actors have expanded their involvement in education as a business. This book will be of interest not only to academics and students of international and comparative education, but also to education development professionals in both the private and public sectors, with its empirical assessment of case studies, and careful consideration of the lessons to be learned from each. Contributors include: M. Avelar, J. Barkan, M. de Koning, A. Draxler, C. Fontdevila, S. Kamat, F. Menashy, M.C. Moschetti, E. Richardson, B. Schulte, C.A. Spreen, G. Steiner-Khamsi, A. Verger, Z. Zakharia, A. Zancajo


How Local Politics Shape Federal Policy

How Local Politics Shape Federal Policy

Author: Sarah S. Elkind

Publisher: Univ of North Carolina Press

Published: 2011

Total Pages: 285

ISBN-13: 0807834890

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Focusing on five Los Angeles environmental policy debates between 1920 and 1950, Sarah Elkind investigates how practices in American municipal government gave business groups political legitimacy at the local level as well as unanticipated influence over


State and Business in Modern Turkey

State and Business in Modern Turkey

Author: Ayse Bugra

Publisher: State University of New York Press

Published: 1994-02-03

Total Pages: 344

ISBN-13: 079149795X

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This book analyzes the factors that shape business activity in Republican Turkey and examines the presence of some of these factors in other societies with highly different cultures and histories. Bugra's premise is that neither the institutional framework nor the behavioral regularities of a market economy emerge spontaneously following principles of a universally rational behavior. Rather, these reflect societal characteristics to be shaped by policy measures that ensure the smooth functioning of the market mechanism. The author investigates the sociopolitical context of Turkish entrepreneurship by looking at the development of the private sector in the Republican period; policy process under successive Republican governments; socially defined features of the holding company, the typical big-business unit; and the nature of business associations in Turkey. Her analysis is relevant both to the study of business organization and to the study of structural change in late-industrializing countries and former socialist societies where the shortcomings of standard economic approaches are clear.


The Business of State

The Business of State

Author: Pál Fodor

Publisher: Walter de Gruyter GmbH & Co KG

Published: 2020-09-23

Total Pages: 402

ISBN-13: 3112209435

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Studien zur Sprache, Geschichte und Kultur der Turkvölker was founded in 1980 by the Hungarian Turkologist György Hazai. The series deals with all aspects of Turkic language, culture and history, and has a broad temporal and regional scope. It welcomes manuscripts on Central, Northern, Western and Eastern Asia as well as parts of Europe, and allows for a wide time span from the first mention in the 6th century to modernity and present.