New_Zealand_State_Sector_Reforms

New Zealand State Sector Reforms First option: What do you consider to be the main strengths and weaknesses of the New Zealand state sector reforms of the 1980s and early 1990s' Explain, using examples to illustrate your argument. Many people from all over the world have studied and reviewed the State Sector Reforms of New Zealand in the 1980’s and early 1990’s, some agree with the way they were conducted and some don’t, but it is for sure that there are important weaknesses in the way they were handled and also in the results. Although there is also many strengths in the public sector that were created by these reforms, it is easy to take a point of view about the reforms, either negative, positive or don’t know, but all aspects must be understood before judgment can be made. First of all the sale of state assets such as Air New Zealand in 1988 and Tranzrail in 1993 and many more greatly reduced the huge amount of escalating debt that New Zealand was in. It was critical that state assets be sold and that the fixed exchange rate be floated, among other things, New Zealand was in a lot of trouble. The level of new, zealand, act, state, sector, government, reforms, public, control, enterprises, way, money, companies, chief, assets, 1988, soe’s, services, managed, finance, created, been, acts, under, tranzrail, spending, sold, should, several, regulated, private, owned, now, ministers, major