Market Failure, Government Failure, Leadership and Public Policy

Wallis, Joe; Dollery, Brian

doi:10.1057/9780230372962

Cited by 87 publications

(52 citation statements)

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“…For the most part economic theory has explained the existence of a third sector in terms of market failure (for example Hansmann 1987, Tyler 1992 and/or of government failure (for example Weisbrod 1975, Wallis andDollery 1999), creating a notion of the third sector as supplementary, as responding to some form of inadequacy, rather than as a dynamic force in initiating action. Salamon (1987Salamon ( , 1995 argues that where non-profit organisations preceded governments, it is possible to conceptualise government institutions as derivative, as responding to 'voluntary failure', which emanates from four weaknesses in voluntary commitment -insufficiency, particularism, paternalism and amateurism.…”

Section: Issues Of Definitionmentioning

confidence: 98%

The third sector and the governance of education

Stephenson

2013

Journal of Educational Administration and History

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This article explores the nature, scope and form of third-sector involvement in education in New Zealand as demonstrated through a comparison of its relationship with the state in two distinct periods of state and educational development. It begins with an analysis of the period of state expansion from crown colony to centralised administration in the mid-1870s. It then examines the relationship in the decade following the restructuring of education in 1989, as the neoliberal state negotiated economic changes at the national and supranational levels, and challenges to the existing educational organisation from both the political left and the political right. Although an almost mirror image of nineteenth-century arrangements is identified, the nature of the state/third-sector relationship was vastly different as a smaller, but nonetheless stronger, state retained control over the governance of education and, with it, possibilities and limitations for third-sector involvement.

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Section: Issues Of Definitionmentioning

confidence: 98%

The third sector and the governance of education

Stephenson

2013

Journal of Educational Administration and History

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“…A voluminous literature, largely subsumed under the "public choice" school of thought, employs the analytical apparatus of economics to examine political processes, including the phenomenon of "government failure" (see, for instance, Dolfsma, 2013;Mueller, 2003;Wallis & Dollery, 1999; for surveys of this literature). Public choice theory is far from monolithic and has its positivistic roots in the Chicago School, which seeks to explain public policy evolution as the outcome of maximizing behaviour by economic agents, such as voters, politicians, and bureaucrats.…”

Section: Conceptual Approaches To Public Policy Evaluationmentioning

confidence: 99%

A Critical Evaluation of Australian Mineral Resources Rent Tax

Souza

Dollery

Kortt

2016

International Journal of Public Administration

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“…The literature has spawned a typology of the sources of market failure that result in sub-optimal outcomes, including non-competitive markets, asymmetric information between buyers and sellers, non-priced public goods, positive and negative externalities, incomplete markets and business cycles. 7 Since Australian universities are obliged to compete for students, research funds, and other resources in competitive domestic and international markets, their behaviour is amenable to analysis using this taxonomic system.…”

Section: Economic Theories Of Institutional Failurementioning

confidence: 99%

“…In particular, it employs the market failure paradigm, 4 the theory of government failure, 5 and Salamon's 6 model of voluntary sector failure as its chief analytical building blocks. Using these conceptual foundations, the paper seeks to develop an exploratory taxonomic explanation for the present observed failures of Australian universities.…”

Section: Introductionmentioning

confidence: 99%

Institutional Breakdown? An Exploratory Taxonomy of Australian University Failure 1

Murray¹,

Dollery²

2005

Prometheus

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Australian higher education has undergone radical change aimed at transforming universities into commercial enterprises less dependent on public funding. Despite some significant successes, including dramatic increases in the numbers of domestic and international students, decreased Commonwealth subsidies, and more private sector finance, there are ominous indications that institutional failure is endemic, especially financial accountability. Drawing on various theories of institutional failure, this paper attempts to examine the causes of the current crisis. A fourfold taxonomy of Australian university failure is developed that identifies governance failure, accountability failure, quality failure, and information failure as the primary sources of tertiary education institutional breakdown.institutional failure, New Public Management, reform, university policy,

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Market Failure, Government Failure, Leadership and Public Policy

Cited by 87 publications

References 0 publications

The third sector and the governance of education

The third sector and the governance of education

A Critical Evaluation of Australian Mineral Resources Rent Tax

Institutional Breakdown? An Exploratory Taxonomy of Australian University Failure 1

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