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The Governance Of Public Enterprises: The Quebec Experience

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Author Info
Luc BERNIER
Louis SIMARD
Abstract

Have public enterprises become obsolete policy instruments? Should they be privatized or can their governance be radically transformed so that they could still be used as policy instruments? The world around them has changed and forced governments to move. After a discussion on the arguments in favour of privatization, this article suggests an analysis of three cases in the Canadian province of Quebec. Considering the pressures linked to the liberalization of trade resulting from NAFTA, this article suggests that the governance of public enterprises can be transformed and adapted and that consequently, it is not useful or necessary to privatize them. There is in reality a lot of room in the public enterprise governance to reform them, room that has been neglected over the last decades. Copyright 2007 The Authors Journal compilation © CIRIEC 2007.

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Article provided by Blackwell Publishing in its journal Annals of Public and Cooperative Economics.

Volume (Year): 78 (2007)
Issue (Month): 3 (09)
Pages: 455-474
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Handle: RePEc:bla:annpce:v:78:y:2007:i:3:p:455-474

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This page was last updated on 2009-11-27.

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