Private finance

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 fr...

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מחבר ראשי: Jenkinson, T
פורמט: Journal article
יצא לאור: 2003
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author Jenkinson, T
author_facet Jenkinson, T
author_sort Jenkinson, T
collection OXFORD
description 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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spelling oxford-uuid:6c35dd5c-e998-445c-92c9-0f12c427e5d02022-03-26T19:09:17ZPrivate financeJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:6c35dd5c-e998-445c-92c9-0f12c427e5d0Saïd Business School - Eureka2003Jenkinson, TThis 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.
spellingShingle Jenkinson, T
Private finance
title Private finance
title_full Private finance
title_fullStr Private finance
title_full_unstemmed Private finance
title_short Private finance
title_sort private finance
work_keys_str_mv AT jenkinsont privatefinance