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The provision of basic services to all segments of the population should remain the responsibility of the public sector created by David Hall and Ray Holland

By: Contributor(s): Material type: TextTextSeries: Enterprise Development and Microfinance ; Volume 21, number 3United Kingdom: Practical Action Publishing, 2010Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 17551978
Subject(s): LOC classification:
  • HG178.3 ENT
Online resources: Abstract: The provision of universal public services is fundamentally a political issue. It has to be. Markets deliver personal, not public, services; they only provide incentives for enterprises to deliver services up to the limits of profitability. So the creation of universal services invariably requires investment of large amounts of public finance–raised through taxation and/or public sector borrowing. The networks of the high income countries in the north–roads, railways, gas, electricity, water and telecom–were constructed using public finance. The private companies who own much of these networks in the 21st century did not build them in the previous 150 years and are not investing the money to build them in developing countries
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Holdings
Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HG178.3 ENT (Browse shelf(Opens below)) Vol. 21, no. 3 (pages 181-184) SP10141 Not for loan For in house use

The provision of universal public services is fundamentally a political issue. It has to be. Markets deliver personal, not public, services; they only provide incentives for enterprises to deliver services up to the limits of profitability. So the creation of universal services invariably requires investment of large amounts of public finance–raised through taxation and/or public sector borrowing. The networks of the high income countries in the north–roads, railways, gas, electricity, water and telecom–were constructed using public finance. The private companies who own much of these networks in the 21st century did not build them in the previous 150 years and are not investing the money to build them in developing countries

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