When it is believed that rational customers will be able to use their purchasing power to support prosocial societal changes by choosing the best services, we have a neoliberal approach to government funding referred to as:

Question

Quizplus · Accepted Answer

New Public Management (NPM) is an approach that emphasizes the use of private sector management techniques and market-oriented reforms in the public sector, with the aim of enhancing efficiency, accountability, and responsiveness to citizens' needs. It suggests that by fostering competition and empowering consumers (or citizens, in the context of public services), better quality and more cost-effective public services can be achieved. This approach aligns with the neoliberal ideology of reducing government intervention and increasing the role of market mechanisms and individual choice in the delivery of public services.

When It Is Believed That Rational Customers Will Be Able