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Public Enterprises and the Budget in Developing Countries
Author(s) -
Lacey Robert
Publication year - 1990
Publication title -
public budgeting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.694
H-Index - 30
eISSN - 1540-5850
pISSN - 0275-1100
DOI - 10.1111/1540-5850.00860
Subject(s) - restructuring , business , developing country , public sector , government (linguistics) , economic policy , private sector , budget process , budget constraint , government budget , economics , finance , public finance , economic growth , macroeconomics , politics , economy , linguistics , philosophy , neoclassical economics , political science , law
Public enterprises have a substantial fiscal impact in developing countries. This has led to the enterprises impinging on the budgetary process of the government while public enterprises are burdened by budget policies and macroeconomic policies. Such difficulties may necessitate the restructuring of public enterprises, either through privatization or reform to make them more competitive with the private sector.