Whether based on full-scale third-party government or on more limited government incentives,many public policy outcomes are now multiactor products,often resulting from a close interlocking of markets and states and drawing on public and private finance.
For example,while public investment is declining (figure 2.a),government regulation and norm and standard setting are increasing in many fields (figure 2.b),And while governments are scaling back direct ownership (figure 2.c),private cofinancing of public programs is rising (figure 2.d).
Whether based on full-scale third-party government or on more limited government incentives,many public policy outcomes are now multiactor products,often resulting from a close interlocking of markets and states and drawing on public and private finance.
For example,while public investment is declining (figure 2.a),government regulation and norm and standard setting are increasing in many fields (figure 2.b),And while governments are scaling back direct ownership (figure 2.c),private cofinancing of public programs is rising (figure 2.d).
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