0 influenced by market knowledge and customer needs:
This is usually market-led, and as will be shown, increasing urbanization is currently providing the market stimulus.
Local authorities and voluntary housing associations were increasingly required to operate according to market-led performance indicators, formulated and monitored by central government.
In practice, this meant that the government emphasised market-led adjustment and a relatively passive role for the state.
Other conditions for market-led efficiencies relate to competitiveness: is there enough of the right kind of competition among providers to generate quality and choice improvements and/or to reduce prices?
The rollout of broadband in under served areas was also discussed, including the importance of applying structural funding in a technology-neutral, market-led and competition-based way.
Should we see that the market-led approach was failing, that would be the opportune moment at which to intervene further.
We need to have a market-led solution so that we do not find we are collecting things just for the sake of it.
This does not mean that we are simply content to allow a completely market-led free-for-all.