How Government Engages the Private Sector in the Fight Against Global Poverty
Public-Private Partnership Builds Toward a Better Future
At the Public-Private Partnerships (PPP) Conference hosted last fall by Georgetown University’s Master of Science in Foreign Service program, former Administrator of USAID, Rajiv Shah, highlighted the changing landscape of foreign aid. In particular, he noted the game-changing emergence of the private sector. “This is the first time in history we are actually succeeding at reducing extreme poverty, and we have the ability to end it altogether,” Shah observed. “At the same time, the development sector has widened, and private companies are responsible for much of what has brought people out of poverty.” The lesson for the development community, he said, is to welcome in the private sector and operationalize PPPs to solve future problems.A Brief History of Partnership.
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