STUDY OF PUBLIC ENTERPRISES IN ECONOMIC DEVELOPMENT

Abstract

One of the outstanding features of the entrepreneurial systems that emerged in the twentieth century has been the prominence of the public sector in the distribution of resources and the organization of economic processes. Of course, in much of the world—in the Soviet Union, China, Eastern Europe, and, more recently, in Cuba and Chile—the transfer of a considerable proportion of economic activity to the public sector appears to have responded primarily to ideological preferences.