THE SEARCH FOR A BETTER PUBLIC / PRIVATE MIX IN CONTEMPORARY MARKET ECONOMIES

Applying a conceptual approach, taking into account international experience, this article proposes four normative vectors in order to improve the public-private mix in contemporary market economies: 1) that the analysis go beyond the underlying macro approach to public spending/GDP ratios; 2) that an integral evaluative framework be adopted; 3) that the mutual implications between public policy ends and means be carefully considered; and 4) that strategic reviews and continuous learning, together with accountability and participative arrangements, be used to counteract incrementalism and uncontrollability.