Challenging the rise of public-private partnerships

Date: 30 April 2019 | Organisation: | Theme: private finance | Author: The Equality Trust

New briefing and campaign from The Equality Trust: read our new report, aiming to simplify the issues relating to private financing and inequality, empowering both civil society and regular citizens with the knowledge to oppose the aggressive promotion of private financing both at home and abroad.

Visit The Equality Trust website to download the report and get involved.

What’s the issue?

The use of private financing for public services has rapidly grown over the past 25 years, in both the global north and global south, with governments increasingly choosing private investment in infrastructure as a means of keeping down debt.

Case studies from around the world continue to demonstrate that when governments opt for private investment for the construction and service delivery of health, transport, education and energy, access to essential services by the poorest in a society is restricted and inequalities tend to increase.

Following the evident failures of Carillion, Interserve and G4S here in the UK alone, it seems ludicrous to think that European governments continue to promote this type of financing to developing countries and call it ‘aid’. Our aid spending must focus on building strong healthcare and education and eradicating global inequalities, not subsidising European businesses and guaranteeing them a profit on the back of some of the world’s poorest people. 

We need high-quality, publicly-funded public services which work in the interests of people, not company shareholders. This is essential not only to meeting the ambitious targets of the 2030 Agenda, but also to ensuring countries’ compliance with human rights obligations.

Find out more

Watch: the recording of our January panel event Public-private partnerships: For people or profit – on YouTube. Includes speakers from SOAS, Christian Aid, Stamp Out Poverty and our special guest, Luke Espiritu, a trade unionist from the Philippines.

2019-05-14T13:18:12+00:00 30 April 2019|private finance|

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