As corporations enter into emerging markets with unprecedented levels of investment and commitment, the large-scale development challenges bilateral donor agencies have been tackling for decades are being looked at with a new lens.And partnership between these key stakeholders is fast becoming an increasingly critical component of progress.
Alliances between private corporations, implementing NGOs and donors, opens the door to bigger and more innovative opportunities for development - and often broader impact than if any party were to act alone.However, getting to this point is easier said than done.
Identifying and understanding limitations is necessary to address them.Based on interviews and research, Devex analysts uncovered and unpacked several of the most prominent factors and conditions that characterize the gap between effective public-private partnerships and five strategies to overcome them.
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