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The rise of Public-Private Partnerships

Ikechukwu Eze of Businessday reports on the growth and increasing relevance of public-private partnerships:

Defending the importance of PPP Sania Nishtar in a scholarly article entitled 'Public - private 'partnerships' in health - a global call to action', observed that such collaborations are being increasingly encouraged as part of a nation's comprehensive development framework. "The need to foster such arrangements is supported by a clear understanding of the public sectors inability to provide public goods entirely on their own, in an efficient, effective and equitable manner because of lack of resources and management issues. These considerations have necessitated the development of different interface arrangements, which involve the interfacing of organizations that have the mandate to offer public good on one hand, and those that could facilitate this goal.

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