Public-private partnerships as predictors of success

In 1964, President William V.S. Tubman articulated the Government of Liberia’s (GoL) policy regarding the new role private financial capital must play in Liberia’s social development. Tubman declared that in order to evolve a better standard of living and to ensure the happiness, peace and security of the people [of Liberia]... where the overwhelming portion of the ownership of the factors of production is in private hands, private enterprise and business must assume this responsibility, and Government will require management to provide the facili-ties implied with such ownership to supplement and complement those provided by Government–Fifth Inaugural Address, Jan. 6, 1964.(Guannu 1980, p. 364) This policy reflected a fundamental shift in the new post-WWII milieu in traditional public-private partnerships (PPPs) in Liberia and globally. Consequently, private financial capital would now be directed towards advancing what Ruggie termed “legitimate” and “ just social causes” (1984). This chapter examines PPPs’ performance in post-war Liberia from 2004 to the present in attaining the social outcomes, namely, education, and its effectiveness as a predictor of policy success.

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Published in: Routledge Handbook of Public Policy in Africa
License: http://creativecommons.org/licenses/by-nc-nd/4.0
See article on publisher's website: https://dx.doi.org/10.4324/9781003143840-42