Overview
The use of formulae has become widespread in recent years across most developed countries. In the UK, a conservative estimate is that annually Ā£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 beenĀ no textĀ which brings together the economic, statistical and political issues underlying formula funding. This key bookĀ fills that gap.
Written byĀ aĀ leading international expert on the design of funding formulae, this important bookĀ includes empirical evidence from a range of countries and will be a valuable resource for all those involved in this field.
This book title, Formula Funding of Public Services, ISBN: 9780415511520, by Peter C. Smith, published by Taylor & Francis (August 8, 2013) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
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