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Washington, D.C., March 22, 2011
—Misconceptions about public-private partnerships in the water sector hinder efforts to solve supply and distribution problems, according to Handshake, a new peer-reviewed publication from IFC, a member of the World Bank Group.
Handshake, IFC’s quarterly journal on public-private partnerships, finds that prevalent misunderstandings – such as the idea that public-private partnerships in the water sector means the same as privatization of water resources, and that these partnerships always result in higher tariffs – are two of the most basic points of confusion. Handshake addresses these controversies and many others in its debut issue, “Tapped Out,” which examines the role of public-private partnerships in water supply and distribution. It offers readers insight and analysis through original articles like “Mythbusters: five common misconceptions about water,” an interview with an IFC client in Mozambique, features on public-private partnerships in Brazil and Uganda, and trend and opinion columns from experts who bring unique perspectives to a complex business. Future issues of Handshake will address a wide range of sectors and themes.
“As governments in emerging markets look increasingly to public-private partnerships to address seemingly intractable infrastructure and service quality challenges, there are few places for them to find relatable, real-world ideas and solutions,” said Laurence Carter, Director for Advisory Services in Public-Private Partnerships. “Handshake fills this void, exploring pragmatic and innovative solutions that the public and private sectors can create together.”
As a free electronic journal also available in print, Handshake takes advantage of the latest digital publishing and technology trends to reach a targeted audience that includes governments, donors, advisors, practitioners, academics, and researchers. The e-journal is accessible via several digital platforms and can be read on a computer, phone, or tablet.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. In a time of global economic uncertainty, our new investments climbed to a record $18 billion in fiscal 2010. For more information, visit
www.ifc.org
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