Public-Private Partnerships in the Social Sector

Abstract

The social sector in many developing countries is not keeping pace with what is needed to promote growth. As this sector is underdeveloped and government resources dwindling, new ideas and strategies such as partnerships are urgently needed. The social sector in developing economies may work better by establishing partnerships between private and public actors. At different stages of economic development, various needs and demands are made on the public sector. However, the answers are not simply the introduction across the board of privatisation or market mechanisms to the provision of social services. Instead, the public and the private sectors have common goals and partnerships can take advantage of the separate strengths of each to achieve those.