State-owned enterprises: in search for a new consensus

Eduardo Levy Yeyati and Juan Negri

Journal of Economic Policy Reform, 2023, vol. 26, issue 1, 82-96

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.

Date: 2023
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Working Paper: State-owned Enterprises: In Search for a New Consensus (2022)
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DOI: 10.1080/17487870.2022.2076679

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