Fixing State-Owned Enterprises: New Policy Solutions to Old Problems

Pineda, Emilio; Huber, John D.; Jara, Mauricio; Kim, Hyungon; Ter-Minassian, Teresa; Wagner, Rodrigo; Musacchio, Aldo

doi:10.18235/0002012

Cited by 24 publications

References 105 publications

(141 reference statements)

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Inter-American Elements for a Systemic Approach to State-Owned Enterprises’ Human Rights Obligations

Schönsteiner

2022

Bus. and hum. rights j.

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This article addresses the lack of clarity regarding obligations of state-owned enterprises in the UN Guiding Principles on Business and Human Rights. Starting from the Inter-American Commission of Human Rights’ latest report on the topic, it develops the scope of human rights obligations for state-owned enterprises in the Americas, framing them in a systemic approach that calls for using both governance and regulatory tools to achieve respect for human rights. The article furthermore argues that there are good reasons for limiting the application of due diligence to the relationships with a company’s private business partners, excluding the relationship with its (public) owner where direct responsibility applies. Finally, the article spells out several specific issues that need to be addressed when assessing SOE human rights governance and shows that the enhanced human rights accountability of state-owned enterprises need not contradict a level playing field between public and private business.

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Inter-American Elements for a Systemic Approach to State-Owned Enterprises’ Human Rights Obligations

Schönsteiner

2022

Bus. and hum. rights j.

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Business of the State

Nem Singh

2024

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As the world moves towards decarbonization and the race for clean energy technologies accelerates, states in the global south are increasingly called upon to supply critical minerals to fuel the transition. Business of the State details how mineral states might design effective growth strategies in the context of strategic competition and climate emergency, via the rise of a hybrid developmental strategy during 1990s and 2010s—the embrace of market-conforming policies to attract FDI and the reassertion of state-owned enterprises (SOEs) as players in industrial development. Drawing from the experiences of Brazil’s Petrobras and Chile’s Codelco, the book argues that SOEs might open new pathways for technological innovation and even support industrial policy, if subjected to effective governance reforms and aligned with the private sector. In this way, the book shifts the analytical lens away from extractivism as a growth model and towards hybrid development strategies formulated through SOEs. Business of the State asks fundamental questions about states and markets: why do states seek to intervene in the affairs of public enterprises? And what role might they play in structural transformation? The book provides answers using a historical institutionalist framework, process tracing the complex process of market reforms in highly strategic natural resource industries.

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Nem Singh

2024

Business of the State

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Fixing State-Owned Enterprises: New Policy Solutions to Old Problems

Cited by 24 publications

References 105 publications

Inter-American Elements for a Systemic Approach to State-Owned Enterprises’ Human Rights Obligations

Inter-American Elements for a Systemic Approach to State-Owned Enterprises’ Human Rights Obligations

Business of the State

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