It’s widely acknowledged that how well governments prepare, procure and implement public-private partnership (PPP) projects is important both in bringing in private finance and/or expertise and ensuring these projects deliver value-for-money.
However, up until now there has been no systematic data to measure those capabilities in governments. This has changed with the release of the World Bank Group’s Benchmarking PPP Procurement 2017, which collects and presents comparable and actionable data on PPP procurement on a large scale by providing an assessment of the regulatory frameworks that govern PPP procurement across 82 economies. It presents an analysis of practices in four areas: preparation, procurement, contract management of PPPs, and management of unsolicited proposals (USPs). Using a highway transport project as a case study to ensure cross-comparability, it analyzes the national regulatory frameworks and presents a picture of the procurement landscape at the end of March 2016 by scoring each of the four areas.
Countries in which firms were surveyed for initial round of “Future of Business Survey”
The shared goal of this work is to help policymakers, researchers, and businesses to better understand business sentiment, and to leverage a digital platform to provide a unique source of information.
I am privileged to live and work in Romania where I have been based for just over a year. I love the country and especially my adopted home town of Bucharest, which is an amazing city in many ways.
But I know this wasn’t always the case.
The Mongolian government’s economic advisors. Photo by Steve Utterwulghe
Misunderstanding, distrust, lack of genuine consultation. These are some of the words that I hear the most from various public and private stakeholders during my regular missions to developing countries.
From Bamako to Ulan Bator, where I am writing this post, the relentless echo of grievances points to the fact that the government doesn’t understand – or want to listen to – the private sector, and therefore doesn’t trust it. And likewise, the private sector sees public authorities as often incompetent, corrupt and an impediment to competitiveness and wealth creation.
While generalizing is a dubious exercise, the similarity and recurrence of complaints across the globe warrants deeper digging.
The issue of trust in policymaking is a complex field of study. The origin of mistrust of the private sector by the government in many developing countries is embedded in the socio-political culture and economic history of the state.
That being said, it is now rare to find a government that categorically denies the contribution of the private sector to the economic development of a nation. About 90 percent of the jobs are created by the private sector in the developing world, and about 50 percent of those are created by small and medium-sized enterprises (SMEs). Furthermore, as José Juan Ruiz from the Inter-American Development Bank (IDB) has written, “Policymakers realize that they need to access the deep knowledge held by the private sector in order to learn about market failure and formulate the right policies to address them.”
On the other hand, the private sector wants a stable and transparent regulatory environment in which to operate. It doesn’t want more regulations, but better regulations that will protect its investments. For that, it needs the government to listen and act in a way that will create an enabling business environment. Building trust is hard work.
Differences between public and private stakeholders certainly exist, but so do commonalities. It never takes long for parties to acknowledge that there is a clear common ground to strive for: sustainable economic development that should lead to inclusive growth. That, in turn, will spur job creation and revenue collection for the state. That’s an irrefutable win-win scenario.
Global experts report that a child’s early years are critical to the rest of life. Proper nutrition and brain stimulation improve physical growth and learning ability, while the absence of proper care and feeding in the first 1,000 days can lead to stunting, poor school performance and lower earnings as an adult.
Back to school—back to the twin feelings of hope and fear. As the new school year begins, it brings hope for a better future for our children, and fears over what schools really offer them in terms of learning. Current statistics indicate that 50% of students with five years of schooling in Egypt cannot read or write, and 40% cannot do simple mathematics.
People, Spaces, Deliberation bloggers present exceptional campaign art from all over the world. These examples are meant to inspire.
October is Domestic Violence Awareness Month.
Violence against women is a major hurdle to development, and unless its root causes are addressed, many of the Sustainable Development Goals (SDG) will not be met. It’s an issue that stains the futures of millions of women and girls, every day, all over the world.
In a 2005 report, the World Health Organization stated that violence against women is a major threat to social and economic development. It has been linked to poverty, lack of education, gender inequality, child mortality and maternal illness. An unprecedented number of countries have laws against domestic violence, sexual assault and other forms of violence. Challenges remain however in implementing these laws, limiting women and girls’ access to safety and justice. Not enough is done to prevent violence, and when it does occur, it often goes unpunished.
Up to 7 in 10 women report having been physically or sexually abused at some point in their lifetime. Up to 50 per cent of sexual assaults are committed against girls under the age of 16. One in four women experiences physical or sexual violence during pregnancy.
Those are grim numbers and part of the problem is that violence against women is simply not recognized.
So how can we tackle this global issue? One way is by bringing more awareness to it.
I have been looking for possible sources of investment and possible markets that would help both Syrian refugees and their host communities, and, as someone who has worked on the subject of the private sector for two decades now, one of my first questions is—“what role can the diaspora play?”
Climate change and food insecurity could shape Africa’s future.
I already see evidence of this during my travels across Sub-Saharan Africa, where high levels of poverty, highly variable and unpredictable weather, limited livelihood options, weak infrastructure, insufficient access to productive resources, and scarce safety nets all combine to make Africans even more vulnerable to climate risks.