Notwithstanding the intense wave of privatizations which has deeply transformed the physiognomy of Western European economies since the mid-1980s, Governments are still playing a relevant role as direct owners of companies in several industries, particularly those with a strategic relevance. What has changed is, however, both the structure of state involvement in the companies’ ownership, and also the strategic orientation of the companies themselves.
State capitalism in Western Europe
Colli, Andrea
2022
Abstract
Notwithstanding the intense wave of privatizations which has deeply transformed the physiognomy of Western European economies since the mid-1980s, Governments are still playing a relevant role as direct owners of companies in several industries, particularly those with a strategic relevance. What has changed is, however, both the structure of state involvement in the companies’ ownership, and also the strategic orientation of the companies themselves.
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