This revised edition of the author's classic textbook updates his overview of the way services such as education, health, pensions and community care are financed. light of changes that took place during the 1980s, and at the alternatives posed for the 1990s. New chapters examine the theoretical basis for state funding of welfare services, for the privatization of provision and for quasi markets within the public sector. spending patterns and the means of finance in other countries is included to illustrate the British experience.
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