The book examines the public-private partnerships for global development and makes a series of recommendations to incorporate such mechanisms in the system of international cooperation of the Spanish Government.
Author: Casado Cañeque, Fernando
Editorial: Published by Fundación Carolina and sponsored research report by the CeALCI.
Summary of the book:
The book examines the role of the main actors of development cooperation and what is their opinion on the future of this type of alliance. The United Nations Program for Development, International Banks and regional development (European Investment Bank, World Bank through the International Finance Corporation, the European Bank for Reconstruction and Development and the Inter-American Development Bank, among others) and how the main agencies (Canada, USA, Germany and the UK, among others) have accumulated, in recent years, numerous examples of corporate partnerships. In Spain, the Third Master Plan for Spanish Cooperation 2009-2012 emphasizes its commitment to private sector initiatives in development cooperation, with particular emphasis on Public Private Partnerships.
The book concludes by stating that development partnerships are a valid and suitable tool that allow to combine public and private interests to improve the management of cooperation, expand its technical and economic resources, and facilitate the achievement of development goals. They are not the perfect solution for development nor is it advisable to apply them in all situations, but given the complexity of the new international order, and in terms of the global challenges of development, they are a tool that can not be ignored. The book aslo mentions whom cooperation agencies should strengthen to improve the impact of their actions and achieve a better development for all.