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CAN P.S. 27 TURN A PROFIT? PROVISION OF PUBLIC EDUCATION BY FOR‐PROFIT SUPPLIERS
Author(s) -
Lamdin Douglas J.
Publication year - 2001
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1093/cep/19.3.280
Subject(s) - restructuring , business , profit (economics) , phenomenon , for profit , finance , economics , public economics , marketing , industrial organization , microeconomics , physics , quantum mechanics
School districts in the United States have begun to use for‐profit contractors to provide management and instructional services. Studies of this phenomenon are limited because this alternative to public provision is relatively new. This article begins to fill the void by examining the conditions under which contractors can be financially viable and can improve quality. Also considered is the potential role of contractors in other policies to restructure public education.