Development of State-Owned Enterprises of Transport Industry in Latvia

• Authors: Māris Plūmiņš , Deniss Ščeulovs
• Languages of publication: EN

Abstracts

EN

The transport infrastructure and state-owned enterprises (SOEs) have a significant effect on competitiveness of transport industry, and indirectly determine the business environment in related sectors. In Latvia, all transport related state strategies and policies are developed, controlled and overviewed by the Ministry of Transport. Eleven companies are engaged in commercial/non-commercial activities, and evaluated whether the liberalization of certain activities would provide efficiency among SOEs in the transport industry of Latvia, given the sectoral weight and share of State involvement and control of the industry. There is limited and contradictory debate to what extent the Latvian state should involve in business activities of transport industry, and how to balance the multiple interests and targets of business, society and politics. The present research is based on the scientific papers, official documents of the World Bank and OECD (Organisation of Economic Cooperation and Development), company websites and annual reports.

Keywords

EN

Business; competitiveness; entrepreneurship; state-owned enterprises; transport industry

• Publisher: Sciendo
• Journal: Economics and Business
• Year: 2016
• Volume: 29
• Issue: 1
• Pages: 65-75

Dates

published

2016-08-01

online

2016-09-10

Contributors

author

Māris Plūmiņš

• Riga Technical University

author

Deniss Ščeulovs

• Riga Technical University

Identifiers

DOI

10.1515/eb-2016-0023