Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
  1. Home
  2. Search

Refine search

Refine search

Access:
Content type:
Publication date:
Apply   From and To filters
Subject: Show more
Journals Show more
Publishers: Show more
Societies Show more
Series: Show more
Collections: Show more

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
Cancel
×

1 results

  • Chapter 7 - Public Promotion of Private Capabilities

  • Sergio G. Lazzarini
  • Book:
    The Right Privatization
    Published online:
    31 March 2022
    Print publication:
    07 April 2022, pp 142-164

  • Summary

    Although it is often assumed that private firms will have the required skills to generate impact, in many contexts governments actively sponsor new private capabilities via targeted industrial policies. Government capabilities are again critical here, as poorly designed policies may end up wasting public resources with unproductive firms that might request continuous support even when their initiatives fail. This chapter applies the decision framework presented in Chapter 3 to explore whether governments should expand their boundaries to include development banks with a mandate to improve private capabilities. The chapter also presents additional applications such as how private capabilities can be developed to deal with pandemics, taking COVID-19 as an example, and to promote the supply of affordable, frugal products and services.