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Formula Funding of Public Services

By: Material type: ArticleArticleLanguage: English Series: Routledge Studies in Business Organizations and NetworksPublication details: Taylor & Francis 2007Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780203013021
  • 9780415362894
  • 9781134229802
  • 9781134229840
  • 9781134229857
  • 9780415654890
  • 9780415511520
Subject(s): Online resources: Summary: 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.
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Item type Current library Collection Shelving location Call number Status Notes Date due Barcode
Electronic edition Bucheon University Library Finance / Economics OAPEN 330.3 R83 Not for loan Смотреть (pdf) 1010836

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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 £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.

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