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• W2190969595 abstract "This articls uses the reform of New Zealand's 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." @default.
• W2190969595 created "2016-06-24" @default.
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• W2190969595 date "1999-01-01" @default.
• W2190969595 modified "2023-09-26" @default.
• W2190969595 title "‘The Institutions and Governance of Economic Reform'1" @default.
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• W2190969595 doi "https://doi.org/10.1080/14719039900000011" @default.
• W2190969595 hasPublicationYear "1999" @default.
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