IP3 in collaboration with SEGURA Consulting-USA has drafted an assessment on Public Private Dialogue and Regulatory Impact in Albania
In the framework of the Regional Economic Growth project supported by the United States Agency for International Development (USAID), IP3 in collaboration with SEGURA Consulting-USA has conducted an assessment on Public Dialogue Private and Regulatory Impact in Albania. The main findings of the study were presented at the regional conference "Better Regulation and Competitiveness in the Western Balkans" in Belgrade, in addition to the studies conducted for Macedonia and Serbia.
Dialogue between the public and private sectors is not a new concept. It has been a feature of public life for decades in some countries. But recent years have seen an upsurge in interest in PPD as a means for promoting private sector development. PPD has become an important part of the private sector reform process, and is here to stay. This means it is increasingly necessary to promote understanding of what PPD is, and what it can and can’t achieve.
PPD comes in many forms. It can be structured or ad hoc, formal or informal, wide-ranging or focused on specific issues. It can be initiated by forward-thinking governments, frustrated entrepreneurs, or third parties such as international donor agencies. Sometimes it involves only a few private sector representatives, sometimes it includes labor unions and civil society groups. It can take place at local, national, or international level. It can be organized by industry sector, cluster or value chain, or it can cover cross-cutting economic issues.
The main potential benefits of PPD include: -Facilitating investment climate reforms by supporting champions for reform, creating momentum, and accelerating the reform process. Public-private dialogue has a range of potential impacts, but it do not achieve anything on its own – it works by facilitating, accelerating, or cementing other ongoing initiatives, ones which without the boost of stakeholder pressure would falter or fail.
The most tangible benefits of PPD are the policy reforms it can precipitate. These can include new legislation, the amendment or scrapping of existing legislation, removal or simplification of regulations and controls, standardization of procedures across different jurisdictions, and establishment of new institutions.