Proponents of private prisons argue that cost savings and operational efficiency give private prisons an advantage over public prisons and support the argument for privatization, but some research doubts the validity of these arguments, as evidence has shown that private prisons are neither patently cheaper nor more efficient than public prisons.  An evaluation of 24 different cost-effectiveness studies showed that the results of the question are at best inconclusive and, at worst, that there is no difference in cost-effectiveness.  In 2017, after a period of steady growth, the number of inmates held in private prisons in the United States declined slightly and continues to account for a small portion of the country`s total prison population.  Companies that operate such facilities include Corrections Corporation of America (CCA), GEO Group, Inc. (formerly wackenhut Securities), Management and Training Corporation (MTC) and Community Education Centers. Over the past two decades, CCA has been able to increase its profits by more than 500%. [Citation needed] The prison industry as a whole generated sales of more than $5 billion in 2011.  According to a 2021 study, inmates in private prisons stay in prison longer than comparable inmates in public prisons.  The ministry`s growth has been so significant that in July 2010, Treasury Secretary Bill English expressed concern that government spending was ”driven by a rapidly growing prison system that would soon make Corrections the largest department in the government.” As of December 2011, New Zealand had 20 prisons and the ministry employed more than 8,000 people. The Department`s operating budget is over $1 billion per year. There has been little systematic and objective assessment of private prisons in the UK. ”Of course, we must put an end to private prisons.
But we also need to end public prisons, and focusing on private prisons leaves intact a massive public punishment apparatus that will continue to thrive out of the public spotlight,” Herskind said. On the surface, a private prison seems like a great idea. If it costs the government $200 a day to lock someone up and a private company comes in and says they can do it for $150 a day, why not save the government money while allowing a company to profit from it? The problem lies in the economy behind the prisoners. Essentially, the order largely replicated a similar Obama-era policy that allowed private prison contracts between companies and the Federal Bureau of Prisons to expire without extension, although Biden`s order goes a step further by also applying to U.S. Marshals Service (USMS) contracts. On November 5, 2018, The Secretary of Prisons, Rory Stewart, informed the House of Commons that two new prisons in Wellingborough, Northants, and Glen Parva, Leicestershire, would be built with traditional public funds, but that their operations would be outsourced.  On 29 November, it announced a framework competition in which private operators would seek to be included in a list of companies likely to participate in future competitions, including the planned programme of 10,000 new locations to replace former prisons and prisons currently private at the end of these contracts. It was implied that the public sector would be excluded from all such competitions. He said: ”This government continues to advocate for a role for the private sector in the operation of child care. The competition launched today will aim to build on the innovation and different ways of working that the private sector has previously introduced into the system. The sector plays an important role and currently operates high-performance prisons as part of a decent and safe prison.
A balanced approach to child care delivery, which includes a mix of public, voluntary and private engagement, has been shown to introduce improvements and provide value for taxpayers.  In modern times, the United Kingdom was the first European country to use for-profit prisons […].