Question
Outline four circumstances when a government may form a parastatal.
Answer
- When the operational risks are high
- Where the initial costs are high
- Where it is the national interest to start such a parastatal
- Where it wants to prevent domination by foreigners
- Where it wants to provide goods /services at affordable prices
- Where it wants to prevent consumer exploitation
- Where it wants to generate revenue
- Where the initial costs are high
- Where it is the national interest to start such a parastatal
- Where it wants to prevent domination by foreigners
- Where it wants to provide goods /services at affordable prices
- Where it wants to prevent consumer exploitation
- Where it wants to generate revenue
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