Role and place of the public sector in the modern economy

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Role and place of the public sector in the modern economy

Journal Title: Kwartalnik Nauk o Przedsiębiorstwie - Year 2016, Vol 41, Issue 4

Abstract

The public sector still occupies an important place in the market economy countries. The article is analyzed the role of the public sector of the items contribution to the GDP and employment (in relation to private enterprises). The study showed no indication optimum state participation in the economy. It has been proven that the desirability of the operation of publicly owned enterprises can be considered only in comparison of these processes in different countries from the point of view of their influence on economic progress; moreover, the participation of the public sector not can be optimally fixed once and for all, because the economy is always carried out a dynamic process of redistribution of property between the public and private sectors. It was found that the market economy is still impossible without the state support, but its role should not extend beyond the level of necessity.

Authors and Affiliations

Halyna Savina, Iuliia Gryshaieva

Keywords

public sector publicly owned enterprises relation between the public and private sectors in economy and optimizing them

EP ID EP187082
DOI -
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