Abstract
Publicly-funded social care providers are under significant pressure as a consequence of an ageing population, a tight financial climate, and demands for greater quality and dignity in care. Personal budgets have been advocated as a potential solution. However, the implications of personal budgets on commissioning and market development are largely unexplored. This article looks at new approaches being adopted by English local authorities to reconcile tensions between the efficiency and personalization agendas, and to counter new transaction costs. © 2012 Copyright CIPFA.
Original language | English |
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Pages (from-to) | 249-256 |
Number of pages | 7 |
Journal | Public Money and Management |
Volume | 32 |
Issue number | 4 |
DOIs | |
Publication status | Published - Jul 2012 |
Keywords
- Commissioning
- efficiency
- personal budgets
- social care
- transaction costs