Political Economy Perspectives on Performance Measurement

Tony Bovaird

Chapter 14 in Performance Management, 2008, pp 184-199 from Palgrave Macmillan

Abstract: Abstract This chapter explores the conceptual basis for performance measurement within political economy. It shows that competing perspectives in economic theory suggest different approaches to measuring performance — and that some perspectives even suggest such measurement is irrelevant or potentially counter-productive. It explores how key concepts in performance measurement are handled differently in each school of political economy, highlights the self-reinforcing nature of many of the questions asked within political economy, and offers some lessons from conflicting paradigms of performance measurement.

Keywords: Political Economy; Public Choice; Austrian Economist; Transaction Cost Economics; Public Sector Organization (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28894-2_14

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DOI: 10.1057/9780230288942_14

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