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State and Enterprise: The Case of SOEs in Europe in the Twentieth Century

  • Franco Amatori
Chapter
Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)

Abstract

State-owned enterprises (SOEs) had a great relevance along the twentieth-century history of European economies. A very important issue is the role played by politics in the various European states. In the strong core of European capitalism, SOEs managed by the “right hands” enjoyed a substantial amount of independence. But at the dawn of the current era of globalization, SOEs declined in most European countries.

Still, in the early twenty-first century, we have seen a rebirth of SOEs in new lighter forms: the government acts more as a regulator and advisor than as a direct protagonist.

Keywords

State-owned enterprise State intervention Public managers 

JEL Classification

L32 N48 N24 

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Franco Amatori
    • 1
  1. 1.Department of Policy Analysis and Public ManagementBocconi UniversityMilanItaly

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