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Journal article

Private Finance.

Abstract:
This paper considers the arguments for and against private-sector financing--as opposed to operational management of public services. Under certain conditions the costs of public and private finance will be similar, but these conditions are unlikely to hold for many public services. Using examples from the UK, we show how decisions to introduce private financing are often political, with little economic rationale.

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Journal:
Oxford Review of Economic Policy More from this journal
Volume:
19
Issue:
2
Pages:
323 - 334
Publication date:
2003-01-01
ISSN:
0266-903X


Language:
English
UUID:
uuid:1fdd2912-6d52-4093-9595-5fa378c05050
Local pid:
oai:economics.ouls.ox.ac.uk:11301
Deposit date:
2011-08-16

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