Abstract
One would never expect a politician in charge of healthcare, or their ministry appointees, to run a hospital or decide which X-ray equipment to buy. Yet, as long as the governance of public commercial assets is kept inside government, as in a centrally planned economy, politicians and government bureaucrats will always be suspected of interference. If fear of being accused of interference leads to totally passive ownership, orphaned SOEs may also fail.
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© 2015 Dag Detter and Stefan Fölster
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Detter, D., Fölster, S. (2015). Monetizing value improves democracy and yields. In: The Public Wealth of Nations. Palgrave Macmillan, London. https://doi.org/10.1057/9781137519863_9
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DOI: https://doi.org/10.1057/9781137519863_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-70490-3
Online ISBN: 978-1-137-51986-3
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