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- Title
Od javne odgovomosti do učinkovitog upravljanja državnom (narodnom) imovinom i blagostania.
- Authors
GrubišiĄ, Mihaela; NušinoviĄ, Mustafa; Roje, Gorana
- Abstract
This paper examines the way public assets should be managed to preserve the national wealth. The research idea arises from experiences of some developed countries that manage their public assets through public investment funds, i.e. sovereign wealth funds. Drawing on the knowledge that public authorities in developed countries follow investment practice the same way that private investors do and that public assets are "manageable", the paper deals with public property preservation and usage, and value enhancement in transition countries. We analyse the preconditions for efficient public asset management and ask whether the employment of public assets under the supervision of professional management can ensure better public services and welfare to the citizens of transition countries, once privatisation processes of public assets are close to being finalised.
- Subjects
ASSET management; FINANCIAL management; WELFARE state; INVESTMENT of public funds; PUBLIC finance; GOVERNMENT property; DEVELOPED countries
- Publication
Economic Trends & Economic Policy, 2008, Vol 18, Issue 117, p58
- ISSN
1330-187X
- Publication type
Article