Tuesday, 20 May 2014

The myth of superior private sector efficiency

'The rhetorical claims of greater private sector efficiency are not supported by any evidence' concludes an in depth critique of claims that private sector management of services is more efficient and less expensive than the public sector. The EPSU commissioned report, by the Public Services International Research Unit, examines case studies across nine economic sectors of public services and finds that the ‘empirical evidence undermines a fundamental part of the argument for privatisation and use of the private sector. If private companies are no more efficient on a technical level, then the usual case for privatisation collapses’
http://www.epsu.org/IMG/pdf/PSIRU_efficiency.pdf