QUESTION 1
Successful privatization rests on government's ability to manage the process of change. Discuss the institutional requirements for successful privatization and the risks that may have to be managed to minimize possible difficult consequences.
QUESTION 2
(a) There has been debate over the precise nature of NPM but the guiding principles of NPM have basically been agreed among scholars. Discuss the doctrines on which NPM is based.
(b) Many authorities have criticised NPM. Discuss some of those criticisms and argue whether or not NPM is an outdated model.