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Does Privatisation Contribute to the Performance of a Health Care System?
Author(s) -
Zweifel Peter
Publication year - 2014
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/ecaf.12064
Subject(s) - order (exchange) , public health care , business , health care , public economics , economics , industrial organization , economic growth , health policy , finance
This paper considers whether privatisation can contribute to the performance of a health care system. In order to answer this question, five well‐known criteria of economic performance are proposed. The finding is that privatisation is quite likely to contribute to all of these criteria. The crucial condition, however, is that privatisation does not amount to the creation of public monopolies.