Add to ORKGThis 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
The introduction of liberalisation and public management reforms have arguably led to a shift from ‘...
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...
This articls uses the reform of New Zealand\u27s state-owned enterprises from 1984–1995 to highlight...
Transaction cost economics goes beyond the orthodox prescription for a reformed economy -- which emp...
The separation, on functional lines, of policy and operational activities in public sector departmen...
The paper deals with the organisational and legal aspects of the reform of the public sector in New...
The new Zealand public reform process of the late 1980s and early 1990s was notable for its attempt ...
This paper describes the reforms introduced in the New Zealand public sector since the mid-1980s. Th...
Governance of economic exchange or transactions is at the core of the growth and development of the ...
<p>The ability of institutional<strong> </strong>economic theory to explain various kinds of economi...
During the past two decades, dozens of coun-tries around the world have implemented a series of neol...
Policy Reforms in developing countries have been hindered by the lack of appropriate institutional s...
Abstract. International organizations promote privatization as precondition for economic de-velopmen...
We compare the economic consequences and political feasibility of reforms aimed at reducing barriers...
The introduction of liberalisation and public management reforms have arguably led to a shift from ‘...
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...
This articls uses the reform of New Zealand\u27s state-owned enterprises from 1984–1995 to highlight...
Transaction cost economics goes beyond the orthodox prescription for a reformed economy -- which emp...
The separation, on functional lines, of policy and operational activities in public sector departmen...
The paper deals with the organisational and legal aspects of the reform of the public sector in New...
The new Zealand public reform process of the late 1980s and early 1990s was notable for its attempt ...
This paper describes the reforms introduced in the New Zealand public sector since the mid-1980s. Th...
Governance of economic exchange or transactions is at the core of the growth and development of the ...
<p>The ability of institutional<strong> </strong>economic theory to explain various kinds of economi...
During the past two decades, dozens of coun-tries around the world have implemented a series of neol...
Policy Reforms in developing countries have been hindered by the lack of appropriate institutional s...
Abstract. International organizations promote privatization as precondition for economic de-velopmen...
We compare the economic consequences and political feasibility of reforms aimed at reducing barriers...
The introduction of liberalisation and public management reforms have arguably led to a shift from ‘...
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...