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Formula Funding of Public Services (Paperback)
Loot Price: R1,347
Discovery Miles 13 470
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Formula Funding of Public Services (Paperback)
Series: Routledge Studies in Business Organizations and Networks
Expected to ship within 12 - 17 working days
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The use of formulae has become widespread in recent years across
most developed countries. In the UK, a conservative estimate is
that annually GBP150 billion of public service expenditure is
distributed using formulae, in services such as health care, local
government, social security and higher education. This book offers
a comprehensive introduction to the theory and practice underlying
the use of such formulae as a basis for funding public services.
The philosophy, design and economic consequences of funding
formulae have become key policy issues worldwide. However, till
now, there has been no text which brings together the economic,
statistical and political issues underlying formula funding. This
key book fills that gap. Written by a leading international expert
on the design of funding formulae, this important book includes
empirical evidence from a range of countries and will be a valuable
resource for all those involved in this field.
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