IBON primer on Public-Private Partnerships (PPPs)

Type:

BookPublisher: Quezon City, Philippines : IBON International, c2017Description: v , 45 pages.ISBN: 9789719941767.Subject(s): Public-private sector cooperation

Contents:

Public-Private Partnerships - privatization by other means -- Public-Private Partnerships advancing neoliberalism -- Promotion of Public-Private Partnerships -- Conclusion : safeguarding democracy and accountability in the face of Public-Private Partnerships

Summary: "Public-Private Partnerships (PPPs) have gained popularity especially since the failure of privatization programs initiated by the World Bank, the International Monetary Fund (IMF), and other bi- and multilateral institutions. Yet, in some ways, they pose an even greater challenge to sustainable and people-oriented development. Rather than privatization outright, PPPs are privatization with added benefits. Not only does private business secure profits, these profits as well as potential risks are subsidized by the state. PPP contracts establish flows of public resources into private hands. PPPs, furthermore, reorient government priorities in ways that undermine democratic ownership over development. The current trend towards the use of development resources for PPP implementation must be replaced with greater and more democratic public sector leadership, and the enforcement of regulatory mechanisms -- including those concerned with transparency and accountability -- that ensure the development contribution of private sector actors."

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Holdings
Item type	Current library	Call number	Status	Barcode
Books, Monographs	Filipinas Heritage Library Main Library Holdings	HD 3871 I2 2017 (Browse shelf(Opens below))	5	18599

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