In This Review

Brazil's State-Owned Enterprises: A Case Study of the State As Entrepreneur
Brazil's State-Owned Enterprises: A Case Study of the State As Entrepreneur
By Thomas J. Trebat
Cambridge University Press, 1983, 250 pp.

Despite all the troubles of the Brazilian economy, there has been an undercurrent of admiration for the management of government-owned enterprises in that country, something that cannot be said of many developing countries. Trebat, an American academic, shares this favorable view and documents it in some detail. He explains the good record by a number of factors, some pertaining to the management and finance of the enterprises, others to the size and growth of the Brazilian economy as a whole. This is an interesting work in a rather neglected field, considering how many state-owned enterprises there are-and not only in developing countries.