The studies show that the incorporation of new market incentives, such as vouchers in education and private social security systems, can have positive effects on the performance of public institutions. The effects on equity are less clear, however, and in many cases efficiency gains entail short-term equity losses. The poorest sectors are usually least equipped to take advantage of new incentives and may be marginalized from the reforms and lose access to essential services. Yet in the long-term, negative equity effects are usually counter-balanced by the benefits of enhancing the performance of public institutions. As this book makes clear, the issues explored have relevance for advanced industrial societies as well as for developing economies.
"The studies show that the incorporation of new market incentives, such as vouchers in education and private social security systems, can have positive effects on the performance of public institutions. The effects on equity are less clear, however, and in many cases efficiency gains entail short-term equity losses. The poorest sectors are usually least equipped to take advantage of new incentives and may be marginalized from the reforms and lose access to essential services. Yet in the long-term, negative equity effects are usually counter-balanced by the benefits of enhancing the performance of public institutions. As this book makes clear, the issues explored have relevance for advanced industrial societies as well as for developing economies.
"Private Markets for Public Goods: Raising the Stakes in Economic Reform
398Private Markets for Public Goods: Raising the Stakes in Economic Reform
398Paperback(New Edition)
Product Details
ISBN-13: | 9780815732297 |
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Publisher: | Rowman & Littlefield Publishers, Inc. |
Publication date: | 06/01/1998 |
Edition description: | New Edition |
Pages: | 398 |
Product dimensions: | 6.04(w) x 9.02(h) x 1.07(d) |