Abstract
Best Value has been presented by central government as a means of promoting local diversity and innovation. However, it contains a large superstructure for regulating the behaviour and performance of local authorities, through performance indicators, audit, and inspection. The characteristics of these regulatory instruments are analysed and their potential strengths and weaknesses are assessed. The instruments overlap not only with local authorities’ own internal management processes, but also with each other. Therefore it is concluded that the costs of regulation may outweigh the benefits.
| Original language | English |
|---|---|
| Pages (from-to) | 7-12 |
| Number of pages | 6 |
| Journal | Public Money and Management |
| Volume | 20 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Jul 2000 |