作者:Simonsen, W; Robbins, MD
作者单位:Syracuse University
摘要:Do municipal bonds sold through competition have lower interest rates for issuers than negotiated sales? Research done in the 1970s and 1980s suggests that, all else equal, interest costs are generally lower for competitively bid municipal bonds compared to negotiated bond sales. William Simonsen and Mark D. Robbins explore this question in light of changes in the municipal bond market that suggest a need to revisit this question. Their findings indicate that on average, and all else equal, co...
作者:Pollitt, C
摘要:British public administration has endured radical anti-state reforms since 1979. This essay outlines the three phases of these administrative reforms, their sources of support, underlying rationales, basic institutional elements, as well as their limitations. As a result of profound administrative changes, U.K. academic administrative sciences have undergone a redefinition and relabelling. Yet, there is still not a distinctive British School of public administration, nor a pronounced shift to ...