Comparative Public Administration
February 12, 2025
Reinsurance contracts tend to be very complicated. As we have already studied in the previous articles, a wide variety of complicated structures with various cash flow probabilities are associated with reinsurance contracts. Hence, it needs to be understood that the complicated nature of these reinsurance contracts sometimes ends up creating complicated accounting policies as well. […]
A reinsurance contract between a ceding insurer as well as a reinsurer can last for a long period of time. A lot of the time, claims are not paid immediately. Instead, claims are paid over a long period of time. Such types of claims are called “long-tailed claims”. The problem here is that the reinsurance […]
The success and failure of an organization is directly proportional to the effectiveness of the management. The superiors must share a healthy relationship with the employees for them to deliver their level best. Leaders need to acquire certain skill sets for an efficient functioning: Management needs to be impartial towards its employees. Rules and policies […]
Risk management has evolved from being just a discipline to a full-fledged profession that lots of people are choosing these days. Reason, the discipline has become wider and has assumed manifold dimensions making it a crucial function in organizations these days. No wonder there is an increasing number of universities that offer specialized courses on […]
Some Recent Trends Based on News Lately, the news emanating from the United States and India as well as from China is about how President Trump is raising the banner of protectionism and the slogan of America First and Make America Great Again is leading to lesser reliance on outsourcing and instead, focusing on the […]
The developing countries of the world are concentrated in the regions of Asia, Africa and Latin America. The developing nations are characterized by an economy which is transitioning from agrarian to industrial. You may recall Fred Riggs and his famous Prismatic Model from the earlier article, according to Riggs, the developing nations are the prismatic societies. There are a few characteristic features of these developing economies:
Now, having understood the general scenario prevalent in these developing countries, we can take a step forward and try to understand the nature of public administration in these economies.
The problems plaguing the bureaucracies of these countries are that they are ill equipped to carry out developmental goals. Since, they came into existence to serve the goals and objectives of their colonial masters; they seem to be in disharmony with the changing needs and aspirations of the natives. For e.g. the Indian Police still follows the 1865 Police Commission guidelines which was laid out to address the law and order situation in the era of British Raj.
In developing countries the major challenge is development and modernization. The public institutions have the enormous developmental tasks in their hands; combined with rapid economic development due to the growth in the private sector and the economically wealthy young population, the demand for delivery of services is increasing.
Finally, the rural areas have not kept up with the rapidly growing urban areas, whether in Brazil or in India, they look upon Government, public administration and public servants as their only hope.
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