The Nile on eBay Exposed to Innumerable Delusions by John Waterbury
A comparative analysis of the growth of public enterprise sectors in Egypt, India, Mexico and Turkey.
FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher Description
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 industrialisation. 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.
Author Biography
Waterbury is president of The American University of Beirut.
Table of Contents
Preface; 1. Introduction: property and change; 2. The will to transform; 3. Strategies and policies of industrialization; 4. Bald comparisons; 5. Principals and agents: the characteristics of public enterprise performance; 6. Reform and divestiture; 7. Managerial careers and interests; 8. The coalitional basis of state sectors; 9. The public-private symbiosis; 10. Public enterprise and organised labor; 11. Conclusion; Bibliography.
Review
"This book is one of the most important books written on the political economy of economic reform in developing, non-Communist countries that I have read." The Annals of the American Academy "This book is a model of how to do context-sensitive yet truly comparative politics...such a good book that I find it impossible not to ask its author to delve deeper and wider. I learned so much from what he did write that I am eager to learn from what more he could write." Margaret Levi, American Political Science Review "John Waterbury has written another classic. He fully lives up to his reputation for presenting rich, prodigiously researched descriptions of political economies, theoretically informed by mainstream American political science...Country experts will find this book a treasure trove of information about macroeconomics; government structures; the mazes of public-sector and other business regulations; the size, history, structures, and management of state enterprises; business groups; and labor unions." International Journal of Middle East Studies
Promotional
A comparative 1993 analysis of the growth of public enterprise sectors in Egypt, India, Mexico and Turkey.
Review Quote
"This book is one of the most important books written on the political economy of economic reform in developing, non-Communist countries that I have read." The Annals of the American Academy
Promotional "Headline"
A comparative 1993 analysis of the growth of public enterprise sectors in Egypt, India, Mexico and Turkey.
Description for Bookstore
This 1993 study uses the experience of Egypt, India, Mexico and Turkey to lay bare the dynamics of public sector growth, crisis and reform.
Description for Library
This 1993 study uses the experience of Egypt, India, Mexico and Turkey to lay bare the dynamics of public sector growth, crisis and reform.
Details ISBN0521435498 Author John Waterbury Short Title EXPOSED TO INNUMERABLE DELUSIO Pages 368 Publisher Cambridge University Press Series Political Economy of Institutions and Decisions Language English ISBN-10 0521435498 ISBN-13 9780521435499 Media Book Format Paperback Imprint Cambridge University Press Subtitle Public Enterprise and State Power in Egypt, India, Mexico, and Turkey Place of Publication Cambridge Country of Publication United Kingdom Residence US Birth 1949 Affiliation Princeton University, New Jersey Illustrations 52 Tables, unspecified; 1 Line drawings, unspecified DOI 10.1604/9780521435499 UK Release Date 1993-09-24 AU Release Date 1993-09-24 NZ Release Date 1993-09-24 Year 1993 Publication Date 1993-09-24 Alternative 9780521434973 DEWEY 351.007 Audience Professional & Vocational We've got this
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