Formula Funding of Public Services

By:

Peter C. Smith

Format:

Hardback

Series:

Routledge Studies in Business Organizations and Networks

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Description

The use of formulae has become widespread in recent years across most developed countries. In the UK, a conservative estimate is that annually £150 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.

Author Biography:

University of York, UK

Release date Australia

September 21st, 2006

Author

Peter C. Smith

Audience

Tertiary Education (US: College)

Illustrations

19 Tables, black and white; 17 Line drawings, black and white; 17 Illustrations, black and white

Pages

192

Series

Routledge Studies in Business Organizations and Networks

Dimensions

156x234x16

ISBN-13

9780415362894

Product ID

2539859

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