Non-Profit Distribution
The Scottish Approach to Private Finance in Public Services
Bibliographic Data
| ID | 12715421 |
|---|---|
| Authors | Mark Hellowell (0000-0003-3474-2080, University of Edinburgh, corresponding author), Allyson M Pollock (0000-0002-7388-3110, University of Edinburgh) |
| Year | 2009 |
| Volume | 8 |
| Issue | 3 |
| Pages | 405-418 |
| Publication date | 2009-06-03 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Social Policy and Society (JOURNAL) |
| Journal identifiers | ISSN: 1474-7464 • E-ISSN: 1475-3073 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s1474746409004928 |
| OpenAlex | W2105930080 |
| Language | EN |
| Citations received | 3 |
| References cited | 15 |
This article provides an analysis of the Scottish Government's approach to the use of private finance in public services. It examines the budgetary drivers behind the policy in Scotland and assesses its cost-efficiency. In doing so, it considers first the standard private finance initiative (PFI) model, and then turns to the ‘non-profit distributing’ (NPD) model – a variant of PFI developed in Scotland and one that is, at the time of writing, unique to the country. It concludes that, while NPD provides the Government with an important political benefit, in being seen to safeguard the ‘public interest’ while working within UK-wide budgetary constraints, the decision to continue with private finance carries a high economic cost
Business · Distribution (mathematics · Economic growth · Economics · Government (linguistics · International trade · Non profit · Political science · Politics · Private finance initiative · Private sector · Profit (economics · Public economics · Public finance · Safeguard · Healthcare innovation and challenges · Housing, Finance, and Neoliberalism · Public Administration · Public-Private Partnership Projects · Finance
| Citations per year | 0.19 |
|---|---|
| Citation span | 2010 - 2016 (7) |
| Highly cited | No |