The Dragon, the Eagle, and the Private Sector

By Karen Eggleston, John D. Donahue & Richard J. Zeckhauser

The Dragon, the Eagle, and the Private Sector - Karen Eggleston, John D. Donahue & Richard J. Zeckhauser
  • Release Date: 2021-02-18
  • Genre: Political Science

Description

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