Bottom Line Up Front: The World Bank’s public-private partnership strategy reveals a fundamental tension—whilst these frameworks promise accelerated infrastructure delivery, their success hinges on institutional maturity that often takes decades to develop. The global infrastructure financing gap stands at $15 trillion through 2040, according to McKinsey Global Institute analysis. Yet the World Bank’s approach to […]
The International Monetary Fund champions privatisation as fiscal salvation whilst constraining sovereign economic autonomy. This fundamental tension illuminates how multilateral institutions reshape developing economies through structural conditionalities that promise macroeconomic stability at the expense of state asset control. The paradox intensifies when examining empirical outcomes. Countries accepting IMF privatisation frameworks experience immediate revenue generation through […]
Florence Nightingale’s 1852 insights about categorising patients by disease and examining treatment costs proved prescient. She understood that optimal care delivery required understanding of both clinical outcomes and associated expenses—a principle that took healthcare providers another century and a half to embrace. Today’s healthcare systems face unprecedented pressure to deliver superior clinical outcomes while managing […]
Governments worldwide face an enduring challenge: delivering efficient public services while maintaining democratic accountability. Traditional public sector management often suffers from political interference, bureaucratic inefficiency, and weak financial controls. Yet full privatisation frequently triggers public backlash, particularly in healthcare, education, and essential services. Corporatisation emerges as a middle path—creating government-owned entities managed like private businesses. […]
Healthcare systems worldwide are experiencing unprecedented pressure to deliver superior patient outcomes while managing escalating costs. According to our research, healthcare organisations implementing comprehensive AI strategies achieve 15-20 per cent operational efficiency gains within two years of deployment. The strategic solution lies in establishing dedicated Centres of Excellence within Ministries and Departments of Health, focused […]
The UK government pioneered the use of competitive tendering of public services in the 1980s, when Margaret Thatcher was prime minister. In the decades since, as outsourcing has expanded and other governments around the world have sought to copy some of its practices, the UK should have become better at negotiating and managing such contracts.
The NHS five year forward view, published in October 2014 set out a view for the future to ensure sustainability of healthcare services and economic prosperity with strong emphasis for the following: a. Radical upgrade in activist prevention and public health b. Removal of barriers between family doctors and physicians, between physical and mental health and between health and social care with significant localised or community-based care delivery supported by specialised centres c. Shared budgets and combining health and social care
In year 2007 the proportion of private hospitals revenue from NHS referrals was under 10% when the Labour government gave people right to choose to be treated in a private hospital and to be paid for by the state. The purpose of policy change was to to improve patient care. As a result and surge in public private partnership arrangements, the private operators now earn approximately 25% of their income from NHS, an increase from £700m to £3.1bn. In 2016/17, 70% of NHS England contracts were won by private sector.
In face of major advances in medicine and technology, healthcare regularly fails to live up to the patient expectations in providing the high quality of care with clinical effectiveness and customer-centric patient journeys. The urgent need to transform the care delivery is well embraced around the world. but the journey is notoriously difficult and require discipline, resilience, bold and sustained commitment, and patience.
Nations failing to invest in health and education are at risk of stagnating economies and lower per capita GDP, according to the first-ever scientific study ranking countries for their levels of human capital. US drops from 6th to 27th, China jumps from 69th to 44th, Turkey from 102nd to 43rd, South Korea from 18th to 6th, and Singapore from 43rd to 13th.
The private provision of publicly funded health care in the UK which is a matter of public controversy. There are strongly stated concerns regarding the increasing use of non-publicly owned, especially for-profit, firms to provide services: concerns that the NHS is being undermined, that future services will be at risk or even that health care that is free at the point of delivery – a key tenet of the NHS – is about to be abandoned.
Michael Porter said, "biggest problem with health care isn’t with insurer or politics. it’s that we’re measuring the wrong things the wrong way." Much of the rapid escalation in healthcare costs can be attributed to the fact that providers have an almost complete lack of understanding of how much it costs to deliver patient care. thus they lack the knowledge necessary to improve resource utilization, reduce delays, and eliminate activities that don’t improve outcomes.
In 2018, the Bank of England (the “BoE”) set up a project called “Future of Finance” aimed at anticipating the upcoming changes in financial services for the next decade, and the impact of these changes for market participants, customers and regulators.
One day ahead of the UN Climate Action Summit in New York, 22 September 2019 – The United Nations launched the Principles for Responsible Banking with the sign up of 130 international banks, collectively holding more than USD 47 trillion in assets.
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