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Defying the resource curse: explaining successful state-owned enterprises in rentier states

Hertog, Steffen (2010) Defying the resource curse: explaining successful state-owned enterprises in rentier states. World Politics, 62 (2). pp. 261-301. ISSN 0043-8871

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Abstract

The article explains how several Gulf rentier monarchies have managed to create highly profitable and well-managed state-owned enterprises (soes), confounding expectations of both general soe inefficiency and the particularly poor quality of rentier public sectors. It argues that a combination of two factors explains the outcome: the absence of a populist-mobilizational history and substantive regime autonomy in economic policy-making. The author concludes that it is necessary to rethink the commonly accepted generalizations both about rentier states and, arguably, about public sectors in the developing world.

Item Type: Article
Official URL: http://journals.cambridge.org/action/displayJourna...
Additional Information: © 2010 Trustees of Princeton University
Library of Congress subject classification: H Social Sciences > HM Sociology
J Political Science > JA Political science (General)
Sets: Departments > Government
Research centres and groups > Middle East Centre
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 05 Nov 2010 16:56
URL: http://eprints.lse.ac.uk/29834/

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