Asset-based policies are becoming an increasingly important form of social policy globally. In this book, the first of its kind, Rajiv Prabhakar provides a theoretical perspective on the emerging asset agenda as well as examining specific policies, including the British Child Trust Fund.

In Stakeholding and New Labour, Rajiv Prabhakar examines two core claims. Firstly, that stakeholding furnishes the centre-left with a set of 'Third Way' principles of public policy that differ from those previously deployed by the Labour and Conservative parties. Secondly, Prabhakar contends that while explicit references to stakeholding have been scaled down by New Labour, the concept remains important for understanding the ideology and the policies of New Labour in government.

In this important new text, Rajiv Prabhakar reviews the evidence for different models of public services arguing that a combination of state, market and civil society provision is essential in the twenty-first century and drawing out the implications for different contexts, services and forms of provision.