This articls uses the reform of New Zealand\u27s state-owned enterprises from 1984–1995 to highlight two lessons for public sector reform from New Institutional Economics. First, failure to apply agency, property rights and transaction cost theory in tandem can lead to time-consuming pauses and policy shifts in a reform programme. Second, a discriminating alignment between the institutional environment and the regulatory governance structure chosen is crucial for successful privatization in industries characterized by economies of scale, large non-redeployable investments and extremely political output such as telecommunications and electricity
In this paper the arguments for privatisation are reviewed in some depth. Forcompetitive markets the...
[Extract] Accountability, flexibility and the need for better governance have become, in recent deca...
Transaction cost economics goes beyond the orthodox prescription for a reformed economy -- which emp...
This articls uses the reform of New Zealand\u27s state-owned enterprises from 1984–1995 to highlight...
The new Zealand public reform process of the late 1980s and early 1990s was notable for its attempt ...
The separation, on functional lines, of policy and operational activities in public sector departmen...
We survey the theoretical literature on privatization and efficiency by tracing its evolution from t...
This article comments on some of the current challenges facing the New Zealand public sector. I refl...
Includes bibliographical references.This chapter surveys the new institutional economics, a rapidly ...
The paper explores whether the question of why some countries are able to implement more extensive r...
International organizations promote privatization as precondition for economic development. But is t...
The proposed Regulatory Responsibility Bill is part of the unfinished business of regime change (Wad...
In January 2003 the New Zealand government announced that it intended to redress the fragmentation o...
We compare the economic consequences and political feasibility of reforms aimed at reducing barriers...
Accountability, flexibility and the need for better governance have become, in recent decades, the m...
In this paper the arguments for privatisation are reviewed in some depth. Forcompetitive markets the...
[Extract] Accountability, flexibility and the need for better governance have become, in recent deca...
Transaction cost economics goes beyond the orthodox prescription for a reformed economy -- which emp...
This articls uses the reform of New Zealand\u27s state-owned enterprises from 1984–1995 to highlight...
The new Zealand public reform process of the late 1980s and early 1990s was notable for its attempt ...
The separation, on functional lines, of policy and operational activities in public sector departmen...
We survey the theoretical literature on privatization and efficiency by tracing its evolution from t...
This article comments on some of the current challenges facing the New Zealand public sector. I refl...
Includes bibliographical references.This chapter surveys the new institutional economics, a rapidly ...
The paper explores whether the question of why some countries are able to implement more extensive r...
International organizations promote privatization as precondition for economic development. But is t...
The proposed Regulatory Responsibility Bill is part of the unfinished business of regime change (Wad...
In January 2003 the New Zealand government announced that it intended to redress the fragmentation o...
We compare the economic consequences and political feasibility of reforms aimed at reducing barriers...
Accountability, flexibility and the need for better governance have become, in recent decades, the m...
In this paper the arguments for privatisation are reviewed in some depth. Forcompetitive markets the...
[Extract] Accountability, flexibility and the need for better governance have become, in recent deca...
Transaction cost economics goes beyond the orthodox prescription for a reformed economy -- which emp...