Nationalised Industries
Paul Jowett and
Margaret Rothwell
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Paul Jowett: Monitor Company
Margaret Rothwell: Oxford Polytechnic
Chapter 6 in Performance Indicators in the Public Sector, 1988, pp 83-98 from Palgrave Macmillan
Abstract:
Abstract The Conservative government elected in 1979 considered privatisation to be the most appropriate strategy for improving the performance of nationalised industries, and within a relatively short period of time a significant number had been transferred to the private sector (see Table 6.1). The Thatcher administration believed that throughout the postwar period the lack of clearly defined objectives, combined with the emphasis upon non-financial targets, had been responsible for the disappointing and often poor performance of many nationalised industries; where privatisation was not considered to be suitable, vigorous attempts were thus made to introduce specific commercial criteria as a basis for assessment.
Keywords: Performance Indicator; White Paper; Conservative Government; Wale Electricity; Average Cost Price (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08987-1_6
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DOI: 10.1007/978-1-349-08987-1_6
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