Although TNI is registered as a non-profit organization in the Netherlands, it was founded by the liberal think tank Institute for Policy Studies based in Washington DC. Because of its liberal origins TNI encourages the belief that capitalism can be modified to serve the public interest, and runs articles like this on their website that reflects this orientation.
For many years, public-private partnerships have been promoted by governments and financial institutions as a way to pay for development projects such as roads, schools and hospitals.
The World Bank is at the forefront of this push and advises governments on how to structure their PPPs. But it also ignores civil society campaigners’ concerns about the dangerous hidden debts that PPP projects can lead to.The authors ignore the fact that the international financial organizations of the World Bank and the IMF were designed, shortly before the end of WWII, to serve the hegemonic interests of profit and power of US capitalists and other transnational capitalists (mostly the British) affiliated with the US-led Empire. Thus while explaining why such arrangements like PPPs are often exploitative of entire countries, they naively believe that once they inform the public such institutions and practices can be made to serve the public interest. In spite of this naiveté they do run useful articles like this that explain how policies promoted by the Empire's international financial institutions actually serve the interests of capitalists rather than the public.
