Public Enterprise in an Underdeveloped and Dependent Economy

  • Armando Labra
Part of the International Economic Association Series book series (IEA)


The object of this chapter is to review the socioeconomic and political framework that determines the potential role of public enterprise in guiding economy towards development paths that benefit the more populous strata of society, in an underdeveloped and dependent capitalist economy — a so-called ‘mixed economy’ — in which private ownership of production goods and productive investment predominates and contributes to the persistence of increasing inflationary pressures, unemployment, balance of payments deficits and social inequality.


Income Defend Baumol 


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Copyright information

© International Economic Association 1980

Authors and Affiliations

  • Armando Labra
    • 1
  1. 1.Colegio Nacional de EconomistasMexico

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