Name: Private Markets for Public Goods: Raising the Stakes in Economic Reform
Price: 32.83 EUR
Availability: InStock
Author: Carol L. Graham
ISBN: 9780815732297

portada Private Markets for Public Goods: Raising the Stakes in Economic Reform

Private Markets for Public Goods: Raising the Stakes in Economic Reform

Type

Physical Book

Publisher

Brookings Institution Press

Author

Carol L. Graham

Year

1998

Language

English

Pages

375

Format

Paperback

ISBN

0815732295

ISBN13

9780815732297

Synopsis "Private Markets for Public Goods: Raising the Stakes in Economic Reform "

This book studies the effects of incorporating market incentives into the public goods arena. Carol Graham examines the effects of market-based strategies on the performance of public institutions, the political sustainability of market reforms, and equity. In so doing, she examines a variety of reform experiences in the realms of education, health, social security, and state- owned enterprises and across a range of country and income contexts, with case studies drawn from Latin America, Africa, and Eastern Europe.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.

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Private Markets for Public Goods: Raising the Stakes in Economic Reform - Carol L. Graham

Synopsis "Private Markets for Public Goods: Raising the Stakes in Economic Reform "

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