This text provides a concise and internationalized restatement of the public value approach, an assessment of its impact to date - in theory and practice - and of its particular relevance to the challenges of public management in a time of crisis and austerity.

�ber die Autorinnen und Autoren

JOHN BENINGTON is Emeritus Professor of Governance and Public Management, Warwick Business School, UK.

MARK MOORE is the Hauser Professor of Nonprofit Organizations at the Kennedy School of Government, USA. He is also a Visiting Professor in the Social Enterprise Program at the Harvard Business School, Harvard University, USA.

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