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They have the ability to influence inflation / deflation and so setting a price in different areas which probably can lead to a development depending on the circumstances. This was an example of the national development and the role of public enterprises within that. However they also play an important part in the economic development of an area / a country. They influence spending and have got the 'power' to change services in (rural mostly) areas.

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Q: What is the role of public enterprises in national and economic development?
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What are the need to have public enterprises?

Public enterprises are need to help accelerate economic growth. These public enterprises give balance and diversity to the development of the economy.


Role of public enterprise in national and economic development?

public enterprise national development can be use as vehicle for social equity i.e Allocation income redistribution, establization.


Mixed economy?

A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.


In an economic function what is equity?

In an economic function, equity is when the appointment of resources is considered fair. Government economic functions include providing public services and maintain a national defense.


Top 15 names Filipinos economist?

The following are some Filipino economists:* Solita Collas-Monsod, an economics professor in the School of Economics of the University of the Philippines (UPSE). During the time of President Corazon Aquino, she was appointed as Director General of the National Economic and Development Authority and as Socio-economic Planning Secretary. * Felipe Medalla, also a professor of UPSE. He did extensive research in such subjects as exchange rate policies, economic crisis and economic growth. Like Solita Monsod, he became Director General of NEDA and Socio-economic Planning Secretary during the time of President Joseph Estrada. * Dr. Dante B. Canlas, a professor of UPSE, whose expertise is in the areas of macroeconomic planning, social development policy formulation, public investment programming and project monitoring. He became Director General of the National Economic and Development Authority and Socio-economic Planning Secretary when President Gloria Macapagal-Arroyo, his student, asked him to take the posts. * Gerardo P. Sicat, a Professor Emeritus of UPSE who has written economic books and textbooks. His books delve on such subjects as political economic reform, electricity reform, and labor market and issues. * Ernesto M. Pernia, a professor of UPSE and author of many economic books and publications dealing with regional development. He was once a lead economist of the Asian Development Bank. * Cielito Habito, former Director General of the National Economic and Development Authority. Before his stint in NEDA, we was Undersecretary of the Department of Finance. * Raphael Lotilla, former Deputy Director General of the National Economic and Development Authority. After his stint in NEDA, he was appointed Secretary of the Department of Energy. * Ralph Recto, the current Director General of the National Economic and Development Authority. * Gloria Macapagal Arroyo, the President of the Philippines. She has a doctorate degree in Economics from the University of the Philippines.

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