Public-private dialogue and partnerships provide a structured, participatory, and inclusive approach to policymaking directed at reforming governance and the business climate, especially where other policy institutions are underperforming. Governments that listen to the private sector are more likely to design credible reforms and win support for their policies.
Dialogue expands the space for policy discovery. Through dialogue, policymakers, constituents, and experts can much more accurately determine the sweet spot for reforms that will satisfy the conditions of policy desirability and political and administrative feasibility. They enable stakeholders to work cooperatively to address state and market collective action problems. They bring together a wide variety of actors such as the private sector, government, civil society, academia, and others who share common interests or concerns surrounding specific policy questions.
DCG has worked on providing technical support to municipal governments in BiH in the process of operationalization of integrated local development strategies, specifically on fostering partnerships and dialogue between local governments and the private sector to strengthen the local development management function of local governments.
DCG widened this expertise by providing several other municipalities support in their public-private dialogue whilst establishing and strengthening LED (local economic development) offices and LED staff capacity building. DCG ensured that key stakeholders understood the importance and benefits of public-private dialogue and partnerships for municipal decision-making to create sustainable economic development in the region.