This document has analyzed the efficiency and effectiveness of PFIs in relation to Alticourse. Alticourse represents one of the first prisons to be privatized in the UK, making it a better case for analysis. From the case analysis, the paper established that PFPs are a great success so far in relation to the PFI system. Private security companies provide efficient services compared to public prisons. Plus, they surpass public prisons in quality and cost, saving taxpayers a lot of money. The growing prison population requires the establishment of more PFPs, which requires the government to invest in PFIs. Meanwhile, there are several demerits related to the introduction of PFIs, but they are not substantial enough to require the abolition of private prisons. Concerns about the efficiency of private prisons aside, the system turns out to be the future of incarceration in the UK. The analysis shows that having an adaptable staffing system not only reduced operational costs, but also increased the ratio of staff members to inmates. This directly influences the public to see the importance of having fewer prison staff. However, the government is reluctant to expand private prisons due to public concerns. But the incompetence of a company, like G4S, does not justify the closure of private prisons. Other private companies are doing well and so the government should base its actions on the merits of PFIs. The UK has become the first country in history to use privately run prisons. It all started with the launch of Wolds in 1992 as the first prison to be run by a private company. Wolds was built with public funds, but contracted to a private company for a peri...... medium of paper ...... in UK prison libraries." Library Trends 59.3 (2011): 427-445 . Print. Croce, Raffaele and Christopher Kaminker. The role of pension funds in financing green growth initiatives Paris: OECD publications, 2011. Print.Ekins, Sean and Antony J. Williams collaborators: crowdsourcing for pharmaceutical research." Pharmaceutical Research 27.3 (2010): 393-395. Print.English, Linda and Jane Baxter "The changing nature of contracts and trust in public-private partnerships: the case of Victorian Prisons of the PPP ." Abacus 46.3 (2010): 289-319. Print.Gatti, Stefano. Project Finance in Theory and Practice Planning, structuring and financing public and private projects London: Elsevier/Academic Press, 2010. Print.Godfrey, Barry and David J. Cox Controlling factory theft, private policing and the law in early modern England: Bloomsbury Pub., 2013. Press.
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