public sector reforms

Wage Dispersion and Productive Efficiency

Zambia’s experience in the 1990s illustrates that, on their own, policy changes will not redress decades of mismanagement, especially when the degree of commitment of the elite remains unaltered. In 1991, the Movement for Multiparty Democracy won the elections on a reform platform, promising to reverse the economic decline and ...

Category : Economics Papers
Public sector reforms

ECONOMISTS HAVE generally held the view that private ownership of the means of production would be better in terms of economic efficiency than public ownership and public management. Public ownership owed its origin to the phenomenon of widespread marked failure in industries in which competition is impossible or undesirable, or where ...