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The Cost of Public Private Partnerships
The problem is that the public sector has become downscaled and also not allowed actually to even have missions and to think big. The bigger question is, what kind of bridge? What kind of infrastructure? What type of hospital? How? And then this focus on the debt, it's striking. If you don't have a smart, strategic public sector, if you don’t have the right kind of collaborations and cooperation between different partners, the irony is that you can cut, cut, and cut and you still have a high debt because or debt to GDP.