Third-Party Goveance

by: Jessica N. Terman (Author)
Edition: 1st

Publication Date: September 8, 2023

Language: English

Print Length: 218 pages

ISBN-10: 1032261773

ISBN-13: 9781032261775

Book Description

Every year thousands of college students apply for and receive federally guaranteed loans to fund their educations in the United States. The loans are managed by nongovemental entities – Sallie Mae, College Ave Student Loans – that indirectly implement the public goal of affordable higher education. Put another way, the US Department of Education relies on these nongovemental entities for implementation of public policy via third parties. Where this kind of indirect implementation occurs, and how it differs from direct implementation, is the focus of this book, introducing readers to the theory and practice of third-party goveance. It helps students understand market-oriented tools such as contracting, networks, public-private partnerships and other collaborative goveance mechanisms that make up the repertoire of third-party goveance. This background is, in tu, key to understanding mode goveance arrangements all over the world.Author Jessica N. Terman explores the ‘whys’ behind govement and the market, alongside the theories behind when one or both should be used. The book is filled with case studies exploring the issues at play in third-party goveance, including transaction costs and the practices that mitigate transaction costs, as well as the advent of networks and how they have changed the goveance structure of public policy implementation. Taking a jargon-free approach, the book is written as a primer on third-party goveance, introducing readers to the ways that govement is structured and the factors that influence contemporary policy implementation. Third-Party Goveance will be required reading on courses related to public administration, public policy, and goveance and collaboration.
Every year thousands of college students apply for and receive federally guaranteed loans to fund their educations in the United States. The loans are managed by nongovemental entities – Sallie Mae, College Ave Student Loans – that indirectly implement the public goal of affordable higher education. Put another way, the US Department of Education relies on these nongovemental entities for implementation of public policy via third parties. Where this kind of indirect implementation occurs, and how it differs from direct implementation, is the focus of this book, introducing readers to the theory and practice of third-party goveance. It helps students understand market-oriented tools such as contracting, networks, public-private partnerships and other collaborative goveance mechanisms that make up the repertoire of third-party goveance. This background is, in tu, key to understanding mode goveance arrangements all over the world.Author Jessica N. Terman explores the ‘whys’ behind govement and the market, alongside the theories behind when one or both should be used. The book is filled with case studies exploring the issues at play in third-party goveance, including transaction costs and the practices that mitigate transaction costs, as well as the advent of networks and how they have changed the goveance structure of public policy implementation. Taking a jargon-free approach, the book is written as a primer on third-party goveance, introducing readers to the ways that govement is structured and the factors that influence contemporary policy implementation. Third-Party Goveance will be required reading on courses related to public administration, public policy, and goveance and collaboration. Read more