Nations own a vast array of assets collectively worth a whopping $75 trillion. Yet many governments fail to tap into that value through arrangements like joint ventures, privatizations or management contracts. Although the nature of politics and government makes it difficult to forge such deals, the challenges of monetizing public assets are not impossible to overcome, and the fiscal payoffs could be huge. This incisive article from Boston Consulting Group professionals offers food for thought to state officials and policy experts.
In this summary, you will learn
- Why governments should consider monetizing public assets through joint efforts with private enterprises,
- Why officials usually fail to tap the monetary value of these resources and
- What steps officials can take to extract returns from state assets.
About the Authors
Dinesh Khanna et al. are professionals with the Boston Consulting Group.