The latest issue of Handshake, IFC’s quarterly online journal on public-private partnerships (PPPs), finds that PPPs in urban water, financing, public transport, and housing can be especially effective in preparing for rapid urbanization around the world. The journal also underscores that private sector involvement has been instrumental in improving urban infrastructure, thereby increasing efficiency and raising living standards for citydwellers.
Handshake features interviews with leading urban economist and Triumph of the City author Edward Glaeser, former U.K. Secretary of State for International Development Clare Short, and Barcelona Global CEO Mateu Hernandez, who discuss the catalytic role PPPs can play in addressing cities’ past and future challenges.
“There's a lot of wisdom in Adam Smith's old view, which is that the best way to fund infrastructure is to pay for it with user fees," points out Glaeser in Handshake’s feature interview. "And when PPPs work best, they actually play to this."
Glaeser also discusses lessons learned from infrastructure PPPs in the developed and developing world, and offers advice to analysts and PPP practitioners working on urban infrastructure projects.
Handshake offers readers in-depth analysis and insight on PPPs in cities including Barcelona, Cartagena, Chennai, Manila, Saint Petersburg, and more. Features and original articles cover PPPs in low-income housing, public transport, urban water, and a special section on cities and climate change.
Throughout this issue, authors from Cities Alliance, GPOBA, IFC, PPIAF, and the World Bank Institute, as well as industry advise readers on what’s new in PPPs and what’s working for cities across the globe.
As a free electronic journal, Handshake reaches a targeted audience that includes governments, donors, advisors, practitioners, academics, and researchers. The e-journal is accessible via several digital platforms, including iPad, iPhone and Android.
Read the latest issue or subscribe to the journal on the Handshake page.
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