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MarketBased Governance: Supply Side, Demand Side, Upside, and Downside (Visions of Governance in the 21st Century (Paperback)),Used
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The latest in a series exploring twentyfirstcentury governance, this new volume examines the use of market means to pursue public goals. Marketbased governance includes both the delegation of traditionally governmental functions to private players, and the importation into government of marketstyle management approaches and mechanisms of accountability. The contributors (all from Harvard University) assess marketbased governance from four perspectives: The demand side deals with new, revised, or newly important forms of interaction between government and the market where the public sector is the customer. Chapters in this section include Steve Kelman on federal procurement reform, Karen Eggleston and Richard Zeckhauser on contracting for health care, and Peter Frumkin. The supply side section deals with unsettled questions about governments role as a provider (rather than a purchaser) within the market system. Contributors include Georges de Menil, Frederick Schauer and Virginia Wise. A third section explores experiments with marketbased arrangements for orchestrating accountability outside government by altering the incentives that operate inside market institutions. Chapters include Robert Stavins on marketbased environmental policy, Archon Fung on social markets, and Cary Coglianese and David Lazer. The final section examines both the upside and the downside of the marketbased approach to improving governance. Contributors include Elaine Kamarck, John D. Donahue, Mark Moore, and Robert Behn. An introduction by John D. Donahue frames marketbased governance as an effort to engineer into public work some of the intensive accountability that characterizes markets without surrendering the extensive accountability of conventional government. A preface by Joseph S. Nye Jr. sets the book in the context of a larger inquiry into the future of governance.'
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