Synonyms
Generic management; Governance; New public management; Outsourcing; Private finance initiatives; Private sector management; Public-private partnerships
Definition
New public management: Process in which business principles and private sector management techniques are transferred into the public sector in correspondence with, and based on, a neoliberal understanding of the economy and the State (Drechsler 2005, p. 95).
Privatization: Any action that transfers some or all of the ownership and/or control of state-owned enterprises to the private sector (Zahra et al. 2000, p. 511).
Public management: The merger of a normative orientation of traditional public administration and the instrumental orientation of general management (Perry and Kraemer 1983, p. x).
Introduction
Since the late 1970s early 1980s, Western governments have made attempts to reform the organization and management of the public sector. They do so by adopting a business-like approach as promoted by reform...
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Reynaers, AM. (2018). Privatization and Public Management. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-20928-9_1334
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DOI: https://doi.org/10.1007/978-3-319-20928-9_1334
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