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- W2000325570 abstract "In past decades the question of efficiency has been a central issue in public law literature. The current public policy rhetoric also greatly emphasizes the importance of an efficient state and of efficient state. But do we actually know what expectations efficiency makes towards organizations in the public sphere?Efficiency, as an abstract concept, is of American roots and carries various meanings. Business enterprises are usually considered efficient when they manage to achieve the largest output with the smallest input, then being the most profitable. In public administration efficiency is not defined in terms of profitability, but of accomplishing the goals set.American literature considers public administration as efficient when it manages to drain the least resources from economy, which is a fundamental condition for market mechanisms to be implemented to their fullest. The American approach deeply believes in the omnipotence of the market and thus sees a close correlation between market institutions and economic efficiency.In Hungary, it is strongly debatable whether efficiency requirements were indeed considered and met during the privatization of the state wealth, or else in what way they should have been. There is no constitutional limitation on the privatization of state wealth, therefore, the scope of state wealth has been drastically reduced. No institutional system ensuring the efficient utilization of public money has yet been established. Consequently, business principles have not been successfully applied, and state corruption has gained ground. Public administration is overregulated and managerial principles are totally absent" @default.
- W2000325570 created "2016-06-24" @default.
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- W2000325570 date "2010-08-12" @default.
- W2000325570 modified "2023-10-18" @default.
- W2000325570 title "The Efficiency of State Property Management and Public Money Utilization" @default.
- W2000325570 hasPublicationYear "2010" @default.
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