New public management (NPM), a term first referred to by Hood (1991), denotes broadly the government policies, since the 1980s, that aimed to modernise and render more effective the public sector. The basic hypothesis holds that market oriented management of the public sector will lead to greater cost-efficiency for governments, without having negative side-effects on other objectives and considerations.
The Richtopian Vision
Join Our Newsletter
- 3,241,523 all-time readers
- 11 Amazing Examples of Disruptive Technology
- Why These Big Brands Chose the Colours of Their Logos
- What Is Social Marketing? And How Does It Work?
- 17 Great Examples of Effective Leadership and Strategy
- Workplace Culture: How to Encourage Collaboration
- Economists Top 100: From Joseph Stiglitz to Michael Porter, These Are the Most Influential Economists in the World
- Grant Cardone Shares His Principles for Life & Success (Exclusive Interview)
- The New Queen of Jewellery: An Interview With Alyssa Smith
- 3 Reasons You Should Buy Gold (And 3 Reasons You Shouldn't)