Politics, Finance and the Role of Economics: An Essay on the Control of Public Enterprise

ISBN-13: 9780367173296 / Angielski / Twarda / 2019 / 230 str.

C. D. Foster

Opis

First published in 1971, when nationalized industries employed about 7 per cent of the labour force, and had annual investment programmes equal to those of all private manufacturing put together. The author shows that the facts of ministerial and parliamentary control were very different from what the public and Parliament thought at the time.

Spis treści

Preface.  Part 1: The Powers of Boards and Ministers  1. A Dividing Line  2. The Select Committee on the Nationalized Industries  3. Whose Is the Policy?  4. Social Policy  5. Financial Obligations: The Treasury’s Function  6. Financial Obligations: The Minister’s Function  7. The Power of Appointment  8. Conclusion: A Practical Independence  Part 2: The Persuasiveness of Ministers  9. Persuasion  10. Pressure  Part 3: Alternative Developments  11. The Politicization of Administration  12. Subordination  13. Competition  14. The Discipline of the Finance Market  15. Why Nationalization  Part 4: Strengthening Ministerial Control  16. Strategic Financial Control  17. Men and Machinery  18. A Digression on the Control of Social Policy  19. Conclusion.  Index.

O autorze

Foster, C. D.