Open Data + Increased Disclosure = Better Public-Private Partnerships

The benefits of open and participatory public procurement are increasingly being recognized by international bodies such as the Group of 20 major economies, the Organization for Economic Co-operation and Development, and multilateral development banks. Value for money, more competition, and better goods and services for citizens all result from increased disclosure of contract data. Greater openness is also an effective tool to fight fraud and corruption.

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Impact bonds coming to tropics

The challenges of providing education and formal employment, encouraging the empowerment of women, and stemming the rise in chronic diseases continue to be serious concerns throughout the developing countries and emerging markets of the world. Institutional roadblocks, mistrust between governments and investors, inconsistent and low-quality delivery of services, and a simple lack of funds have at times made it impossible to find solutions to these issues.

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