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regulatory governance;regulatory;privatisation;institutional approach
|Issue Date:||2016-05-03 16:30:53 (UTC+8)|
Governments are calling for privatisation and regulatory reform as the solution to the problem of the poor performance of ‘public’ utilities, and as the means to the improvements of delivery and service of public utilities. This study clarifies the concept of new public management and its weaknesses. Furthermore, it explores the relationship between new public management and privatisation and declares the reasons towards the regulatory state, especially re-regulation for privatisation. It also explores and clarifies the issues between regulatory governance and privatisation in a broader context. In conclusion, drawing from an institutional approach, this paper looks at the different choices of governance mechanisms for regulation in the public utilities. This study highlights the importance of employing an institutional approach to research governance mechanisms for regulation and reveals some question marks and matters as well. Given the variety of statements in the field of public management, it is argued that this differentiated approach to regulatory governance provides a more effective response than the narrow ‘traditional’ notion of new public management.
Chinese journal of administration
|Appears in Collections:||[中國行政] 期刊論文|
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