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Vouchers as an Alternative Public Service Funding System

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Strategic Public Finance

Abstract

Reference to vouchers has been made in earlier chapters. Chapter 4 noted that vouchers can be used to distribute public finance amongst alternative service providers in direct proportion to users of their service outputs, facilitating exit and voice on the part of service users and providing incentives to reduce organisational slack on the part of service providers. This chapter provides a comprehensive overview of the literature on vouchers, bringing together many of the key concepts developed in earlier chapters. Within the literature (referenced in text) the term ‘voucher’ is subject to some indeterminacy and so it is necessary to consider alternative definitions.

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© 2004 Stephen J. Bailey

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Bailey, S.J. (2004). Vouchers as an Alternative Public Service Funding System. In: Strategic Public Finance. Palgrave, London. https://doi.org/10.1007/978-1-4039-4394-1_9

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