Wed Oct 21 · 2pm
Economic Policy Forum: ‘Quasi-Markets’: Choice and Competition in Military Procurement in Ukraine
Sir Julian Le Grand of the London School of Economics explains how his theory of decentralized “quasi-markets”, designed to reform public services such as education and health care while he was domestic policy adviser to Tony Blair, has been adapted to get drones developed and delivered quickly to Ukraine’s front-line units. He covers the economic logic, the conditions for success and the wider implications for procurement design.