Dragon, the Eagle, and the Private Sector

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Dragon, the Eagle, and the Private Sector

Public-Private Collaboration in China and the United States

Political economy

Authors: Karen Eggleston, John D. Donahue, Richard J. Zeckhauser

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Language: English

Published by: Cambridge University Press

Published on: 18th February 2021

Format: LCP-protected ePub

Size: 3 Mb

ISBN: 9781108944809


Introduction

The governments of China and the United States - despite profound differences in history, culture, economic structure, and political ideology - both engage the private sector in the pursuit of public value. This book employs the term collaborative governance to describe relationships where neither the public nor private party is fully in control, arguing that such shared discretion is needed to deliver value to citizens.

Applications

This concept is exemplified across a wide range of policy arenas, such as constructing high speed rail, hosting the Olympics, building human capital, and managing the healthcare system.

Goals

This book will help decision-makers apply the principles of collaborative governance to effectively serve the public, and will enable China and the United States to learn from each other’s experiences. It will empower public decision-makers to more wisely engage the private sector.

Conclusion

The book’s overarching conclusion is that transparency is the key to the legitimate growth of collaborative governance.

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