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Public Money & Management Volume 36, 2016 - Issue 2
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Miscellany

New development: Exploring public service markets

Xeni Dassiou
,
Peter Langham
,
Charles Nancarrow
,
Alex Scharaschkin
&
Dan Ward
Pages 149-152 | Published online: 11 Dec 2015
 
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Abstract

The authors explain why public service markets are fundamentally different from regulated utilities markets by looking at the product characteristics, market structure, funding oversight and legal arrangements in such markets. They highlight the issues which will be important as marketized delivery becomes increasingly mainstream in public services provision.

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