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Privatization of public‐sector services in practice: Experience and potential
Author(s) -
Poole Robert W.,
Fixler Philip E.
Publication year - 1987
Publication title -
journal of policy analysis and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.898
H-Index - 84
eISSN - 1520-6688
pISSN - 0276-8739
DOI - 10.2307/3323516
Subject(s) - public sector , business , public administration , economic growth , political science , economics , economy
Privatization—the transfer of assets and service responsibility from the public to the private sector—has been expanding at the state and local level. Empirical studies document significant cost savings, apparently due to incentives introduced by competition. The outlook is for continued expansion of privatization, including such areas as highways, transit, water supply, and education.