The Role of State-owned Enterprises in Economic Recovery and Growth

By Masinessa “Omar” Khattaly

Even though the first thoughts that come to many when hearing the words “state-owned” next to “economic recovery” are socialism, government control and bureaucracy, according to accounting firm PwC, the proportion of State-owned Enterprises (SOEs) among the Fortune Global 500 grew from 9% in 2005 to 23% in 2014. One can only pause and wonder why government-owned companies have been on the rise and have enjoyed such success across all continents with no exceptions. That leads us to the questions: What are these SOEs, why have governments’ appetites for them increased, and what role can they play in sustaining domestic economic growth and in helping to contribute to societal value creation in post-conflict areas such as Libya, Yemen, and Syria?…. Read More

Libya’s leading Business Magazine






Leave a Reply

Your email address will not be published. Required fields are marked *