Digital Government: Balancing Risk and Reward through Public/Private Partnerships

Digital Government: Balancing Risk and Reward through Public/Private Partnerships

Carole Richardson
Copyright: © 2004 |Pages: 18
ISBN13: 9781591401223|ISBN10: 1591401224|ISBN13 Softcover: 9781591402183|EISBN13: 9781591401230
DOI: 10.4018/978-1-59140-122-3.ch013
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MLA

Richardson, Carole. "Digital Government: Balancing Risk and Reward through Public/Private Partnerships." Digital Government: Principles and Best Practices, edited by Alexei Pavlichev and G. David Garson, IGI Global, 2004, pp. 200-217. https://doi.org/10.4018/978-1-59140-122-3.ch013

APA

Richardson, C. (2004). Digital Government: Balancing Risk and Reward through Public/Private Partnerships. In A. Pavlichev & G. Garson (Eds.), Digital Government: Principles and Best Practices (pp. 200-217). IGI Global. https://doi.org/10.4018/978-1-59140-122-3.ch013

Chicago

Richardson, Carole. "Digital Government: Balancing Risk and Reward through Public/Private Partnerships." In Digital Government: Principles and Best Practices, edited by Alexei Pavlichev and G. David Garson, 200-217. Hershey, PA: IGI Global, 2004. https://doi.org/10.4018/978-1-59140-122-3.ch013

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Abstract

The modern focus on the application of business principles to the running of government is unique due to an escalated emphasis on divesting the public sector of as many service provision responsibilities as possible. This divestiture is being accomplished through an array of arrangements alternatively described as privatization, contracting out, outsourcing and public/private partnerships. There are three fundamental challenges to this process: (1) defining those responsibilities which cannot and should not be turned over to the private sector, (2) ensuring that such arrangements balance both the risks and rewards between the parties involved, and (3) getting the best deal for the public. This chapter focuses on the second point: achieving a reasonable balance that should, if implemented successfully, result in that elusive “best deal.”

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