Rethinking Bretton Woods | Tue, Apr 12, 2016
As part of a trend to assign a greater role to the private sector in development finance, the importance of Public-Private-Partnerships (PPPs) in policy discourse has been growing. But PPPs suffer of a checkered track-record regarding environmental and human rights, as well as fiscal and poverty impacts. A recent World Bank evaluation recognized available evidence to promote them is scattered at best. What standards should be in place to suppress, or at least, mitigate some of their negative outcomes? Policy documents recently drafted by Center of Concern and other colleague organizations, offer some proposals.