Calderdale's decision-making process for choosing PFI

Transcript -- Proving a PFI will work

Does a hospital have to be owned and managed by the same sector that provides its services? In the early 1990s, the Private Finance Initiative was the Treasury's brainwave to provide the public sector with better value for money. Designed to fund public infrastructure such as hospitals, roads and accommodation through private money from consortiums,  these contentious schemes indicated a radical cultural shift towards outsourcing. The 13 video tracks in this album introduce the complexities involved in project financing from both public and private perspectives and feature case studies on Calderdale hospital in Halifax and Altcourse Prison in Fazakerly. The audio track examines the PFI and asks whether it  provides a good deal for the public or if it's another profit-making venture for the private sector. This material forms part of The Open University course B821 Financial strategy.

Education

Does a hospital have to be owned and managed by the same sector that provides its services? In the early 1990s, the Private Finance Initiative was the Treasury's brainwave to provide the public sector with better value for money. Designed to fund public infrastructure such as hospitals, roads and accommodation through private money from consortiums, these contentious schemes indicated a radical cultural shift towards outsourcing. The 13 video tracks in this album introduce the complexities involved in project financing from both public and private perspectives and feature case studies on Calderdale hospital in Halifax and Altcourse Prison in Fazakerly. The audio track examines the PFI and asks whether it provides a good deal for the public or if it's another profit-making venture for the private sector. This material forms part of The Open University course B821 Financial strategy.

Share Transcript -- Proving a PFI will work

Sign up to save your podcasts

Transcript -- Proving a PFI will work

Transcript -- Proving a PFI will work

More shows like Financial strategy and private finance initiative - for iPad/Mac/PC

Bon départ: beginners' French - Audio

Rheumatoid arthritis - a long term condition - for iPod/iPhone

Croeso: beginners' Welsh - Audio

Wilberforce - for iBooks

Start writing fiction - Audio

Voice of Indian Song - for iPod/iPhone

Reading Political Philosophy: From Machiavelli to Mill - Audio

Beginners’ Chinese - Audio

Andante: beginners' Italian - Audio

The Galapagos - for iPod/iPhone