[DOWNLOAD] "Is the Private Sector More Productive Than the Public Sector?(Human RESOURCE Development) (Report)" by Pakistan Development Review # eBook PDF Kindle ePub Free

eBook details
- Title: Is the Private Sector More Productive Than the Public Sector?(Human RESOURCE Development) (Report)
- Author : Pakistan Development Review
- Release Date : January 22, 1991
- Genre: Economics,Books,Business & Personal Finance,
- Pages : * pages
- Size : 282 KB
Description
1. INTRODUCTION In developing countries the rapid growth of the public sector during the past few decades was viewed as an important means for accelerating the pace of economic growth. In most developing countries the public sector now accounts for a prominent share of total production and investment. But the contribution of the public sector to growth has been much below expectations. In many cases public enterprises require large subsidies from the government and impose a significant fiscal burden on the economy, which leads to the notion that the private sector is much more productive than the public sector. However, little empirical work has been done in this field so that the proposals that emphasize the private sector vis-a-vis the public sector rest largely on theoretical considerations.
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