Distributing Largesse at Public Cost

摘要

Public sector performance is often associated with indolence, inefficiency corruption, wastage etc, but the public sector still has a major role in the developing economies. Even the first world cannot do without it, in developed economies their public face is disguised better. If every utility or service was left to the mercy of market conditions, a vast mass of the population could not afford it. Because the public sector cannot be entirely eliminated, the pragmatic solution has been to staff entities with successful executives from the private- sector, and/or recruit them directly from Business Schools'. At times private entrepreneurs also take up management slots in the public sector in trying to turn the corporate entity into economic viability. This is true not only in Pakistan but is the same all over the world, the major examples being in UK and Europe.