The authors wave a red flag at public-private partnerships, which, despite major failures, continue to be promoted by institutions such as the World Bank to finance social services and infrastructure. By Océane Blavot, Rodolfo Bejarano and Mae Buenaventura in Brussels, Lima and Manila
“Our Future is Public: The Santiago Declaration for Public Services” — an agreement signed by more than 200 organisations vowing to work to “transform our systems, valuing human rights and ecological sustainability over GDP growth and narrowly defined economic gains.”
One of the most damaging initiatives that has deeply affected the delivery of public services and infrastructure projects on all continents is the rise of public-private partnerships, or PPPs.
Source: Building a Public Future