Public Private Partnership (PPP)

Question

30 Aug 2021

Answer :

Word Count : 626

A public–private partnership (PPP, 3P or P3) is a cooperative arrangement between two or more public and private sectors, typically of a long-term nature. Governments have used such a mix of public and private endeavors throughout history. However, the late 20th century and early 21st century have seen a clear trend towards governments across the globe making greater use of various PPP arrangements.

There is no consensus about how to define a PPP. PPPs can be understood of both as a governance mechanism and a language game. When understood as a language game, or brand, the PPP phrase can cover hundreds of different types _________ __________ ________ __________ ____ ___ __________ _____.
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