Bel, Germà and M. E. Warner. 2008. "Challenging Issues in Local Privatization," Environment and Planning C: Government and Policy, 26(1): 104-109.
Local government privatization has not delivered as expected on cost savings. Using empirical studies from North America and Europe, we show that local governments are pragmatic managers who must manage costs, markets and political interests simultaneously. Using a theoretical framework of actors, interests and incentives, we explain the lack of cost savings and demonstrate the importance of alternative management approaches. We argue analyses of local government contracting must address the dynamics of market management and do so in a comprehensive framework that includes both public and private actors and interests.
Subject: Privatization