MGMT 1030 Lecture Notes - War Measures Act

78 views3 pages

Document Summary

Study questions for sandford borins" world war ii crown corporations: their. This paper discusses the rationale for establishing the world war two crown corporations and the subsequent decisions after the war about their retention or privatization. The government was ideologically supportive of crown corporations and they were established in situations where public ownership was a more effective policy instrument than regulation. The wartime crown corporations were active in providing national security and security of supply, and acted as a yardstick competitor in various segments of the munitions industry. The characteristic of crown corporations making them preferable to regulation was that they were more effective at monitoring the private sector and ensuring policy coordination between the public and private sectors. Most of the crown corporations were terminated when the focus of public policy shifted to peacetime production. However, they were retained in areas which remained government priorities (weapons production, housing, uranium refining) or which c. d.