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Optimal Share and Efficiency of the Public Sector

Author

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  • Peter Mitev

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

In this research it will be found a theoretical explanation of the eff orts for increasing of the efficiency of the public sector. The significance of the government impact in the economy is discussed in many papers. At the same time the increasing degree of variability of the range of government functions is even more important than the size of the government. Comparing the public sector of Great Britain at the time of Newton with its development by the end of the XXth century, we can realize essential differences.

Suggested Citation

  • Peter Mitev, 2010. "Optimal Share and Efficiency of the Public Sector," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 70-78, July.
  • Handle: RePEc:nwe:eajour:y:2010:i:2:p:70-78
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    More about this item

    Keywords

    effectiveness of the public sector; efficiency of the public sector; new management in the public sector; marginal utility of money;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

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