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public-private partnerships

Sustainable Development: the Business-class Train Has Left the Station and the Canary is in the Coal Mine

Cara Santos Pianesi's picture

Last week, MIGA hosted a panel discussion on the role of the private sector in sustainable growth as part of the World Bank Group’s Sustainable Development Network Forum 2012. Taking the initiative as an agency of the World Bank Group that encourages investment by the private sector, MIGA brought this angle to the more general sustainable growth discussion.

Keynote speaker Jeffrey Leonard from the Global Environment Fund opened citing the World Bank President’s remarks on sustainable development that were right on the money – outlining an urgent need for attention to the matter, noting that resources must be made available  – yes, good, onward! The catch? They were attributed to a president who left office 25 years ago (Tom Clausen).

What We Can Learn from Innovative Schools that Cater to the Poor

Harry A. Patrinos's picture

Governments across both the developing and developed world are experimenting with private management of public schools to better serve the poorest, and most under-served students. But have recent  innovations lived up to their promise of improved results?

The verdict from a recent review of America’s ‘charter schools’—the most rigorous analysis of privately-managed schools to date—suggests some cause for optimism, at least at the middle school level. What is more, recent studies show that successful ideas from the private sector can feed back into the public sector to improve education for all.

Education for All: How We Can Leverage the Non-State Sector to Reach Our Goals

Harry A. Patrinos's picture

Many have argued this past week for an increased financial boost to achieve the education Millennium Development Goals -- universal primary completion and gender parity in education. But what should spending focus on, and how can we get the best from both public and private financing?

Not only are we missing the mark in terms of the MDGs for education – currently 69 million children of primary age are out of school, but this is only part of the story. Millions of children drop out early every year, and many of those who do graduate are still not mastering the basic skills in reading and math that are necessary to help them find gainful employment. As we scale up efforts, we must leverage the resources and participation of all, including private and non-state actors, to help reach these goals.

Can the Private Sector Play a Helpful Role in Education? It Can, If it Targets Disadvantaged Students

Harry A. Patrinos's picture

The following piece appeared as a guest blog in the UK's Guardian this past week.

Students from Harlem Childrens' Zone with its president, Geoffrey Canada. A good public education system means public spending – but not necessarily public provision.

In OECD countries, more than 20% of public education expenditure goes to private institutions – communities, non-governmental organisations (NGOs), faith-based organisations, trade unions, private companies, small informal providers and individual practitioners – and about 12% is spent on privately-managed institutions.

But does private participation mean higher quality education? Does it bring better exam results? Can it encourage greater equality?

How the Private Sector Can Help Achieve Learning for All

Svava Bjarnason's picture

The World Bank Group’s new Education Strategy 2020 champions learning for all and recognizes that global progress towards this goal will require the commitment of all actors – including governments, communities and private entities. The strategy acknowledges the vital role the private sector can play in helping expand and improve educational opportunity. Private sector participation in education is a growing part of education systems and has helped make significant educational advancements possible in many countries.

How can we leverage the valuable contributions of the private sector to help realize the goal of Learning for All?

Latin America: more public-private partnerships needed to improve infrastructure

Jordan Z. Schwartz's picture

Latin America: more public-private partnerships needed to improve infrastructure

There are three people in Latin American and the Caribbean who care about Public-Private Partnerships or PPPs as they’re widely known. You may have met them. You might even be one. In case not, let me introduce you...

First and foremost, please meet Madame Minister of Finance. She’s busy, she’s stressed and she’s always balancing two concerns that run counter to each other, at least in the short run: growth and budget. Private investment in services might help one without hurting the other.

Chasing the Wind

Cara Santos Pianesi's picture

MIGA recently sponsored its seventh symposium on political risk issues, in tandem with Georgetown University’s School of Foreign Service. We happily note that the symposium has established itself as the world's leading forum for cutting-edge assessments of the international political risk management industry, and this year it did not disappoint. A summary of the event is here. 

I’ll concentrate on one trend that was noted clearly from the political risk insurance (PRI) providers, like MIGA, that were in attendance. All agreed that, since the international financial crisis, new business has mostly taken the form of obligor default products. For the PRI industry, an obligor is a country; this product is used when there is some sort of an agreement by which a government has financial payment obligations or guarantees with an investor.  The product is suitable for certain types of transactions, for example public-private partnerships or power purchase agreements.

  

Seize the Moment: Now’s the time to reform rural health care in India

Rajeev Ahuja's picture

The blog I have posted reflects my personal views and not those of the World Bank or its affiliates. It is unfortunate that some parties have sought to interpret what I written as the official views of the World Bank. The blog platform is intended to generate a healthy discussion. The comments that the blog attracted shows differing opinions on the subject of public and private roles in health care.


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