scholarly journals PRIVATE FINANCE INITIATIVE (PFI) IN MALAYSIA: THE NEED FOR AND ISSUES RELATED TO THE PUBLIC SECTOR COMPARATOR (PSC)

2007 ◽  
Vol 4 (2) ◽  
pp. 137-154 ◽  
Author(s):  
Suhaiza Ismail ◽  
Khairuddin Abdul Rashid
2002 ◽  
Vol 6 (2) ◽  
pp. 101-106
Author(s):  
Colin Stansfield Smith

As a former student of Leslie Martin I well understand that ‘in the UK, architecture's standing as a research-led University discipline remains as low as ever’ (arq 5/4, p291). But then I share my own generation's disbelief about the current state of the Profession and the failure of any architecture school to be awarded the highest rating (5*)in the latest Research Assessment Exercise (RAE). The internecine misunderstandings between practice and schools of architecture are hardly helpful to the cause: the Profession's refusal to understand the current plight of schools with regard to resources and the low esteem and status of academic staff and – in the reverse perspective – academia seems oblivious to the cowed posture of large sections of the Profession in a world driven by the imperatives of the government's Private Finance Initiative (PFI). This more or less symbolizes in a general sense the current client/architect relationship or lack of it in the public realm.


2003 ◽  
Vol 17 (3) ◽  
pp. 481-501 ◽  
Author(s):  
Gail Hebson ◽  
Damian Grimshaw ◽  
Mick Marchington

This article explores the extent to which a new contractual approach to delivering public services, through public private partnerships (PPPs), is transforming the traditional values underpinning the public sector ethos among both managers and workers. Drawing on two detailed case studies of PPPs - a Private Finance Initiative in the health sector and the outsourcing of housing benefit claims in the local government sector - we identify a range of new pressures impacting on five key elements of a traditional notion of the public sector ethos. Our findings demonstrate that the contractual relations of PPPs have led to a clear weakening of traditional notions of managerial accountability and bureaucratic behaviour, reflecting both a shift to new lines of accountability (private sector shareholders) and a vicious circle of monitoring and distrust between partner organizations, in place of the old faith in bureaucratic process. Among workers, certain traditional values - especially a concern for working in the public interest - continue to inform the way they identify with, and understand, their work in delivering public services. However, the cost cutting and work intensification associated with PPPs present a significant threat to these values.The article identifies examples of short-term resilience of the traditional public sector ethos, as well as developments that threaten its long-term survival.


2006 ◽  
Vol 119 (1) ◽  
pp. 62-73 ◽  
Author(s):  
Deborah Philips ◽  
Garry Whannel

This paper discusses the growth of commercial sponsorship in the United Kingdom and the way in which it served to legitimate the routine presence of commercial involvement in the public sector, paving the way for the development of PPP (Public Private Partnerships) and PFI (Private Finance Initiative). The establishment of the welfare state ethos during the 1940s included the principle of public support for cultural activity, although the actual degree of funding grew only slowly. Commercial sponsorship of sport grew dramatically from the mid-1960s and, during the 1970s, arts organisations — short of state funding — were encouraged to seek commercial sponsorship. Gradually, sponsorship became a routine source of funding, seen as an essential form of support for a whole range of cultural activities. Once the Conservative Party, led by Margaret Thatcher, came to power, the utilisation of sponsorship funding became a more integral part of public policy. Sponsorship began to colonise new areas such as education and health, moving from peripheral to central elements of the public sector. Benefiting from the image of corporate benevolence that sponsorship provided, the 1997 Labour government initiated a widespread expansion of private investment in the public sector, through PPP and PFI. The paper argues that sponsorship served to legitimate this colonisation of the public sector by private capital.


2009 ◽  
Vol 8 (3) ◽  
pp. 405-418 ◽  
Author(s):  
Mark Hellowell ◽  
Allyson M Pollock

This article provides an analysis of the Scottish Government's approach to the use of private finance in public services. It examines the budgetary drivers behind the policy in Scotland and assesses its cost-efficiency. In doing so, it considers first the standard private finance initiative (PFI) model, and then turns to the ‘non-profit distributing’ (NPD) model – a variant of PFI developed in Scotland and one that is, at the time of writing, unique to the country. It concludes that, while NPD provides the Government with an important political benefit, in being seen to safeguard the ‘public interest’ while working within UK-wide budgetary constraints, the decision to continue with private finance carries a high economic cost.


2006 ◽  
Vol 13 (1) ◽  
pp. 29
Author(s):  
Seth Gabriel ◽  
Jordan Head

The Private Finance Initiative is an innovative public-private partnership first pioneered in the United Kingdom. The initiative's goal is to obtain higher quality public services at a lower cost to the public by engaging the private sector. The program relies on private financing and expertise, output-based contract specifications, performance-based payment mechanisms, and negotiated risk transfers to achieve this goal. This article discusses the initiative's successes and failures using Her Majesty's Prison Service as a case study. The article finds that, while the program has limitations, the evidence of its successes suggests that American administrators should consider it as a procurement tool for public services in the United States.


10.1068/c0045 ◽  
2002 ◽  
Vol 20 (1) ◽  
pp. 57-74 ◽  
Author(s):  
Rob Ball ◽  
Maryanne Heafey ◽  
David King

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