Exposed to Innumerable Delusions by John Waterbury
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Exposed to Innumerable Delusions
By John Waterbury

Exposed to Innumerable Delusions

Public Enterprise and State Power in Egypt, India, Mexico, and Turkey

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Format: Paperback

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Exposed to Innumerable Delusions by John Waterbury

Book 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 1993 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.

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Book Details

ISBN: 9780521435499
ISBN-10: 0521435498
Format: Paperback
(228mm x 152mm x 21mm)
Pages: 368
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 24-Sep-1993
Country of Publication: United Kingdom

Other Editions...


Books By Author John Waterbury

Political Economy of the Middle East by John Waterbury Political Economy of the Middle East, Paperback (August 2007)

Presents a comprehensive analysis of the transformation of the political economy of development in the contemporary Middle East. This work focuses on the interaction of economic development processes, state systems and social factors, whilst also documenting the many changes in demography, education, labour markets, and water and agriculture.

Exposed to Innumerable Delusions by John Waterbury Exposed to Innumerable Delusions, Hardback (September 1993)

A comparative 1993 analysis of the growth of public enterprise sectors in Egypt, India, Mexico and Turkey.

Political Economy of Risk and Choice in Senegal by John Waterbury Political Economy of Risk and Choice in Senegal, Paperback (June 1987)

First Published in 1987. Routledge is an imprint of Taylor & Francis, an informa company.

» View all books by John Waterbury

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