Understanding the private–public divide: markets, governments, and time horizons
Auteur :
Offer, Avner
Éditeur :
Cambridge University Press
ISBN :
9781108496209
Date de publication :
7 avr. 2022
Dimensions :
22,2 x 14,4 x 2,1 cm
Poids :
441 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
A distinctive new account why governments loom so large in market societies. Avner Offer explains how finance limits firms to short-term enterprise. For long term commitment business requires exclusive concessions and privileges. Only governments can manage uncertainty in the long-term interests of society, e.g. the challenge of climate change.