Overview

Since the global financial crisis of 2008-2009, there has been a growing interest among policy makers towards the more active role of the state in the enterprise sector. This book provides valuable insight into the changing role of state-owned enterprises in economic policy, a topic at the cross section of several interrelated, but usually independent research streams first of all transition research, varieties of capitalism literature, public choice approach and institutionalism studies.  With the existing literature on state ownership concentrating on the developed economies and on selected emerging economies, this book fills an important gap in focusing on the post-communist transition countries.  The Polish experience is looked at in a comparative perspective of selected transition countries, which deserve special attention as they had to cope with a radical change of their economic policies towards the enterprise sector.  This book will be valuable reading foracademics in economic policy, transition economics, and institutional economics, and policy makers and practitioners in EU bodies and emerging economies.

Full Product Details

Author:   Piotr Kozarzewski
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2021
Weight:   0.491kg
ISBN:  

9783030785642

ISBN 10:   3030785645
Pages:   360
Publication Date:   20 October 2022
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand  
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Table of Contents

1. Introduction  2. State Corporate Control in Transition: Research Perspectives 2.1. Transition Research 2.2. Economic Policy Research 2.3. Economic Systems Research 2.3.1. Varieties of Capitalism 2.3.2. State Capitalism 2.3.3. Resource/Distributive Economy 2.4. Public Choice Approach 2.4.1. Public Choice Approach as a Part of the Institutional Perspective 2.4.2. Rent-seeking and Interest Groups 2.4.3. Clientelism   3. State Corporate Control in Transition: Challenges and Goals 3.1. The “Heritage” of the Planned Economy 3.1.1. Failed Marxian Hopes 3.1.2. SOEs’ Self-management Reform in Poland 3.1.3. Decline and Fall of Socialism 3.1.4. Challenges and Barriers 3.2. Conceptual and Policy Challenges of the State Corporate Control in the Course of Post-communist Transition 3.2.1. Unprecedented Character of the Tasks and Challenges 3.2.2. Corporate Policy of the State as a Part of the Ownership Policy 3.2.3. Creating the Concept 3.2.4. Place of State Corporate Control Reform in the Transition 3.3. Creating the Policy of Corporate Control over SOEs 3.3.1. The Need of Special Attention towards SOEs 3.3.2. The Quest for the Right Solutions: Was Knowledge Import Possible? 3.3.3. Objectives of SOEs: Setting and Monitoring 3.3.4. Legal Challenges 3.3.5. Organizational Challenges 4. Evolution of the State Corporate Control in Poland during the Transition 4.1. Introductory Remarks 4.2. Phase One. From Invigilance to Statism: Stages of the Evolution in 1989-2015 4.2.1. The Initial Stage: Fighting the Crisis and Starting the Transition (1989-1993) 4.2.2. The Second Stage: Politicization of The state Corporate Control: The Bounty for Winners (1993-2001) 4.2.3. The Third Stage: Attempts to Consolidate the State Corporate Control (2001-2011) 4.2.4. The Forth Stage: Expansion of Statism (2011-2015) 4.3. Phase Two. Towards State Capitalism: Since 2016 4.3.1. The Paradigm Change 4.3.2. Organization of State Corporate Control under the New Paradigm 4.3.3. Ownership Policy   5. State Corporate Control in Polish Transition: Main Outcomes 5.1. Introductory Remarks 5.2. Achieving the Goals of State Corporate Control 5.2.1. Achieving the Goals of the System Area 5.2.2. Achieving the Economic Goals 5.2.3. Achieving the Fiscal Goals 5.2.4. Achieving the Social Goals 5.2.5. Achieving the Political Goals 5.3. The Place of the SOE Sector in the Polish Economy 5.3.1. The Scale of the SOE Sector 5.3.2. The Extent of the SOE Sector 5.3.3. The Importance of the SOE Sector   6. Sources of the State Corporate Control Policy in Poland and its Evolution 6.1. Acting in Good Faith vs. Pursuing Group Interests 6.1.1. Hypotheses, Mutual Dependence and Compromises 6.1.2. Good Faith 6.1.3. Rent Seeking 6.1.4. Impact of Good Faith and Rent Seeking on the Evolution of the State Corporate Control 6.2. Exogenous and Endogenous Factors 6.2.1. Exogenous Factors 6.2.2. Endogenous Factors 6.2.3. Impact of Exogenous and Endogenous Factors on the Evolution of the State Corporate Control  7. Polish Experience in a Comparative Perspective 7.1. Introductory Remarks 7.2. Hungary 7.2.1. Situation before the Transition 7.2.2. Shaping up and Evolution of the State Corporate Control during the Transition 7.2.3. Place of the SOE Sector in Hungarian Economy 7.2.4. Sources of the State Corporate Control Policy and its Evolution in Hungary 7.3. Russian Federation 7.3.1. Situation before the Transition 7.3.2. Shaping up and Evolution of the State Corporate Control during the Transition 7.3.3. Place of the SOE Sector in Russian Economy 7.3.4. Sources of the State Corporate Control Policy and its Evolution in Russia 7.4. Belarus 7.4.1. Situation before the Transition 7.4.2. Shaping up and Evolution of the State Corporate Control during the Transition 7.4.3. Place of the SOE Sector in Belarusian Economy 7.4.4. Sources of the State Corporate Control Policy and its Evolution in Belarus  8. Epilogue 8.1. Course and Effects of the Evolution of the State Corporate Control 8.1.1. Poland 8.1.2. Hungary, Russia and Belarus 8.2. Reasons and Driving Forces 8.3. What May Happen Next? 8.4. Things to Be Done 8.4.1. Fine-tuning the Use of the Research Perspectives and Tools 8.4.2. Universality and Specificity    

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Author Information

Piotr Kozarzewski is Associate Professor at Maria Curie-Skłodowska University in Lublin, Poland, in the Faculty of Economics.  He has been studying the ownership aspects of post-communist transition since its inception in 1989. His interests concentrated mainly on privatization, enterprise sector reform and corporate governance with a gradual shift towards the role of the state in the economy.  He is an author or co-author of more than 200 studies, reports and articles written in English, Polish, Russian, and Bulgarian.

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