000			01636naa a2200205uu 4500
001			8070719104710
003			OSt
005			20190211163858.0
008			080707s2008 xx ||||gr |0|| 0 eng d
100	1		_aKEE, James Edwin _934824
245	1	0	_aPrivate finance initiative : _bthe theory behind practice
260			_aPhiladelphia : _bRoutledge, _cJanuary 2008
520	3		_aSince its launch in 1992, the UK's Private Finance Initiative (PFI) is being used more often as an innovative means for governments to expand public infrastructures and services. The practical advantages and disadvantages of PFI have been considered, but theoretical justifications for PFI remain unexamined. Compared with conventional capital budgeting practice, we examined four theoretical justifications: the competitive market model, a new principal-agent relationship, shifting of risk, and the accountability problem. We found some theoretical support for PFI; however, some questions still remain about the theory and practice of PFI.
520	3		_a*Zhibin Zhang, doctoral student in Public Administration, George Washington University, assisted in the research of this article. This work was previously presented by James Edwin Kee at the 14th Annual Conference of the Association for Budgeting and Financial Management. October 10-12, 2002, Kansas City, Missouri
700	1		_aFORRER, John _934825
773	0	8	_tInternational Journal of Public Administration - IJPA _g31, 2, p. 151-167 _dPhiladelphia : Routledge, January 2008 _xISSN 01900692 _w
942			_cS
998			_a20080707 _b1910^b _cTiago
998			_a20100723 _b1054^b _cDaiane
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c26899 _d26899
041			_aeng