Government-Owned Enterprises
Government-Owned Enterprises (GOEs) are businesses that are owned and operated by a government. They are created to provide essential services or goods that may not be adequately supplied by the private sector. Examples of GOEs include public transportation systems, utilities, and postal services. These enterprises aim to serve the public interest rather than generate profit.
GOEs can help stabilize the economy by providing jobs and ensuring access to necessary services. They are often funded through taxpayer money and may operate under different regulations than private companies. The effectiveness of GOEs can vary, depending on management and government policies.