In this globalized world, countries compete with each other (as well as trade together) to drive economic growth. I always find it interesting to see what other countries are doing compared to our innovative ideas.
I think it's meaningful that Abu Dhabi, a growing global financial and trade center at the crossroads of Europe and Asia, is loudly promoting public-private partnerships (P3s) as key to their economic growth and competitiveness. This means they see P3 as a key tool to long-term growth and economic competitiveness.
Are we using the P3 model to it's full potential in the U.S.? There are certainly some wonderful examples, but I think the COVID crisis has shown us we can be much more creative and innovative than we have been for the past several decades.
“A key enabler for success will be an active engagement with both the public and private sectors to ensure regulatory and legislative frameworks are optimal, relevant and adapt to the realities of today, and are flexible enough to provide the right platform for the change and growth our leadership envisages in the decades ahead,”