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Notes on Administration of Public Enterprises and Extra-Ministerial Agencies

Notes on Administration of Public Enterprises and Extra-Ministerial Agencies Definition Public enterprises as a form of business organisation has attained a great deal of significance in recent times. During 20th century various governments have taken active part in the industrial and commercial activities. The term public enterprise denotes a form of business organisation owned and managed by the state government or any other public authority. So it is an undertaking owned and controlled by the local or state or central government. The whole or most of the investment is made by the government. According to A. H. Hansen, a public enterprise denotes “state ownership and operation of industrial, agricultural, financial and commercial undertakings”. According to N. N. Malaya, “Public enterprises are autonomous or semi-autonomous corporations and companies established, owned and controlled by the state and engaged in industrial and commercial undertakings”. What is the differenc...

International Economic Relations

International Economic Relations Introduction International Economic Relations  is all about apprehending the nature of the global economic system. This course offers an introduction to the political and economic relations among countries and international organizations in the global system.  Within the broader family of international relations, international political economy (IPE), or politics of international economic relations, is the primary concern of the interactions between political actors and economic forces in the global system. Scholars in the field of international political economy have divided it into several parts, including the international trade system, theories that explain economic relations, globalization, multinational corporations, economic development, the international monetary system, etc. The class is intended to help students appreciate how each division (though they all tend to work in tandem in the global economy), shapes global economic relati...