1. What are the salient features of the three models of public financial management? 2. In what ways

1. What are the salient features of the
three models of public financial management?

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2. In what ways is the classical model
necessary but insufficient for government in the contemporary world?

3. Has NPM, being 20 years old, lost some
of its appeal? To what extent has NPM been institutionalized? Where and how?