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ARTICLE · 02 AUGUST 2013

State-owned enterprises offer vast opportunities...but some governments just don't get it

Corrs Chambers Westgarth
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Some governments respond to State-owned enterprises with suspicion and fear, but Australia's response has been measured.

AustraliaGovernment, Public Sector
Lizzie Knight
Lizzie Knight
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While suspicion and fear is driving some governments' responses to state-owned enterprises, Australia's response has been measured.

In January 2012 The Economist released a special edition in relation to State-owned enterprises. Its quote was that State capitalism and its rise and the emergence of a new business model was going to cause problems for the world. The question is in 2013 has the rise of State-owned enterprises operating in economies and in businesses throughout the world caused problems.

For some countries it's perceived that it has. Some countries view State-owned enterprises as exercising and wielding political influence rather than acting as an ordinary corporate would in relation to competition and the making of profit.

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