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Exposed to Innumerable Delusions: Public Enterprise and State Power in Egypt,
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Exposed to Innumerable Delusions: Public Enterprise and State Power in Egypt, India, Mexico, and Turkey Paperback - 1993

by John Waterbury


From the publisher

The states of Egypt, India, Mexico, and Turkey have all developed extensive public enterprise sectors and have sought to regulate most economic activities outside the state sector. Their experiences have been typical of scores of developing countries that followed similar paths of industrialization. This study examines the origins of these state sectors, the dynamics of their growth and crises, and the efforts to reform or liquidate them. It is argued that public ownership creates its own culture and pathology that are similar across otherwise different systems. The logic of principal-agent relations under public ownership is so powerful that it swamps culture and peculiar institutional histories. While public sectors accumulate powerful associated interests over time, against most predictions these prove relatively powerless to block the reform process.

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  • Title Exposed to Innumerable Delusions: Public Enterprise and State Power in Egypt, India, Mexico, and Turkey
  • Author John Waterbury
  • Binding Paperback
  • Edition Later Printing
  • Pages 368
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press, Spain
  • Date 1993-09-24
  • ISBN 9780521435499 / 0521435498
  • Weight 1.08 lbs (0.49 kg)
  • Dimensions 8.97 x 6.01 x 0.7 in (22.78 x 15.27 x 1.78 cm)
  • Library of Congress subjects Government business enterprises - Developing, Government ownership - Developing countries
  • Library of Congress Catalog Number 92045784
  • Dewey Decimal Code 338.900
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