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Chartered Institute of Public Finance and Accountancy. Public Money Volume 3, 1983 - Issue 2
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Original Articles

Nationalised industries and sponsoring departments

Maurice Garner Visiting professor of government, London School of Economics
Pages 29-32 | Published online: 07 Jan 2009
 
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Abstract

When nationalised industries make large financial losses, it is easy to assume that they alone are to blame. But how much of the responsibility lies also with the civil servants in their sponsoring Departments?

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