The Use of Contract by Government and Its Agents

6 Pages Posted: 27 Apr 2009

Abstract

Given that the provision of a service is being controlled by the state, the decision whether to contract out that service provision to the private sector is essentially a business decision. A number of economic advantages and disadvantages need to be offset against each other. Governments are poorly placed to make such decisions and it is no surprise that PPPs are often inefficient and steered by political objectives.

Suggested Citation

Ricketts, Martin, The Use of Contract by Government and Its Agents. Economic Affairs, Vol. 29, Issue 1, pp. 7-12, March 2009, Available at SSRN: https://ssrn.com/abstract=1375943 or http://dx.doi.org/10.1111/j.1468-0270.2009.01860.x

Martin Ricketts (Contact Author)

University of Buckingham ( email )

Hunter Street
Buckingham MK18 1EG
United Kingdom

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