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The Governance Of Public Enterprises: The Quebec Experience

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  • 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.

Suggested Citation

  • Luc BERNIER & Louis SIMARD, 2007. "The Governance Of Public Enterprises: The Quebec Experience," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 78(3), pages 455-474, September.
  • Handle: RePEc:bla:annpce:v:78:y:2007:i:3:p:455-474
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