Business Intelligence

Where Does The Public Sector End And The Private Sector Begin?

Free registration required

Executive Summary

The boundary between the public and private sectors can be defined on the basis of ownership of institutional units. Nonmarket government-owned entities and corporations that are owned or controlled by government units belong to the public sector. "Economic ownership" is more important than majority ownership. Joint ventures, public-private partnerships, and social insurance funds (including for public employees) can be unambiguously allocated to the public or private sector on the basis of international public sector accounting standards.

  • Format: PDF
  • Size: 1009.9 KB