Another interesting article by
Aaron M. Renn of the Urbanophile - this one about Privatization.
"Privatization – and in this case I am referring to items like long term asset leases, not shorter term operating contracts – can actually be a great thing. For example, Governing magazine just ran a piece on the effectiveness of public-private partnerships in British Columbia and elsewhere. They highlight having a professional staff that is able to properly evaluate deal structures."
"But another thing is to make sure we understand what it is we should potentially privatize. I won’t claim to have the entire answer, but it’s something that every city and state should be thinking through. What attributes make something a good candidate for privatization versus a bad one?"
Click to read the article
"Privatization – and in this case I am referring to items like long term asset leases, not shorter term operating contracts – can actually be a great thing. For example, Governing magazine just ran a piece on the effectiveness of public-private partnerships in British Columbia and elsewhere. They highlight having a professional staff that is able to properly evaluate deal structures."
"But another thing is to make sure we understand what it is we should potentially privatize. I won’t claim to have the entire answer, but it’s something that every city and state should be thinking through. What attributes make something a good candidate for privatization versus a bad one?"
Click to read the article
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