AN HISTORICAL APPROACH
Organisations in which States have a participation have become more important for state economies all over the world starting from the 19th century.
Having a vital importance in the socialist economy, these organisations have also played important roles in the market economy. Developing countries which do not have sufficient funds and investors for industrialisation, have made use of these organisations in their economic development whereas their function is merely limited to the provision of public services in the developed countries.
State involvement in the economy did not work well as advanced technology, communication systems, financial resources, efficiency and a free market became more important with the globilisation of the world bringing up the question of whether or not the state should be the only regulator of the economy.
