Jessica N. Terman, "Third-Party Governance"
English | ISBN: 1032261773 | 2023 | 218 pages | EPUB | 2 MB

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 nongovernmental 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 nongovernmental 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 governance. It helps students understand market-oriented tools such as contracting, networks, public-private partnerships and other collaborative governance mechanisms that make up the repertoire of third-party governance. This background is, in turn, key to understanding modern governance arrangements all over the world.