Public Private Partnerships
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Public Private Partnerships

Governing Common Interests

Sara Valaguzza and Eduardo Parisi

This insightful book critically examines the phenomenon of public private partnerships through a global, theoretical, lens. It considers the reasons for merging private entities and public administration, as well as the processes and consequences of doing so. The benefits for the community as well as the radical changes in the principles and modalities of administrative activity are theorized and discussed.
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Chapter 2: Public private partnership's juridical identity: the international dimension

Sara Valaguzza and Eduardo Parisi

Abstract

The second chapter analyses the international dimension of public private partnership in order to acquire some fundamental elements for the systematic reconstruction of its juridical essence. In this context, public private partnership appears to be a political strategy for the achievement of sustainable development goals, based on the acknowledgement that only through alliances is it possible to create a better world for future generations. The institution of goal-oriented networks thus becomes essential in the achievement of globally sensitive social and environmental objectives. The role of multilateral development banks and of non-governmental entities as key players of said network is analysed in a perspective that highlights the global cultural and educational value of public private partnership. Lastly, it is argued that to produce value for the people, public private partnership should be treated in the international dimension as an efficient connector of parties involved in the achievement of public interests who temporarily pull resources together for the goal of reaching economic sustainable growth of a community, in the so-called ‘people first’ approach.

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