Article at a glance
- An increasing number of policy and governance challenges such as inclusive growth, poverty reduction, government accountability, business integrity, and innovation demand private sector participation in order to generate viable solutions.
- Public-private dialogue (PPD) provides a structured, participatory, and inclusive approach to policymaking directed at reforming governance and the business climate, especially where other policy institutions are underperforming. Governments that listen to the private sector are more likely to design credible reforms and win support for their policies.
- Dialogue platforms have proven their ability to deliver results. Practitioners around the world can learn from and apply successful PPD approaches through a new community of practice online hub, www.publicprivatedialogue.org.