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State-owned enterprises: in search for a new consensus

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  • Eduardo Levy Yeyati
  • Juan Negri

Abstract

The objective of this study is to identify whether there is a contemporary consensus on the role of SOEs in different countries on selected issues, through the view of experts around the globe. We conducted a survey to formulate prospective forecasts of the evolution of the role of SOE and to summarize the state of knowledge. Here we present a selection of the results obtained, with an emphasis on identifying consensus on SOE governance and conflicting goals. Because of that, the qualitative approach adopted in this paper is a natural complement to the more quantitative ones. We find that guaranteeing autonomy from state authorities and transparency in SOEs management are the most important challenges that public firms currently face.

Suggested Citation

  • Eduardo Levy Yeyati & Juan Negri, 2023. "State-owned enterprises: in search for a new consensus," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 26(1), pages 82-96, January.
    • Handle: RePEc:taf:jpolrf:v:26:y:2023:i:1:p:82-96
    DOI: 10.1080/17487870.2022.2076679
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    References listed on IDEAS

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    1. Taghizadeh-Hesary, Farhad & Yoshino, Naoyuki & Kim, Chul Ju & Mortha, Aline, 2019. "A Comprehensive Evaluation Framework on the Economic Performance of State-Owned Enterprises," ADBI Working Papers 949, Asian Development Bank Institute.
    2. Francis Fukuyama, 2013. "What Is Governance?," Working Papers 314, Center for Global Development.
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