What role do public-private partnerships play in governance? 🔊
Public-private partnerships (PPPs) play a vital role in governance by facilitating collaboration between the government and the private sector to deliver public services and infrastructure. Through these arrangements, resources, expertise, and risks are shared, enhancing project efficiency and innovation. PPPs can address funding gaps and accelerate development in sectors such as transportation, healthcare, and education. However, successful partnerships require clear contracts, accountability measures, and stakeholder engagement to ensure that public interests remain at the forefront of decision-making.


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