Chapter 1 Public-private partnerships for long-term investments: the context and the framework
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Long-term investment is a key contributor to sustainable development, which has started to gain renewed attention after the global financial crisis of 2007-2008, and ever more so in the wake of the Covid-19 pandemic. This chapter discusses the meaning of long-term Investing, the profile and motivations of long-term Investors, and the need of public-private partnerships/collaborations to sustain long-term investments, especially for the achievement of the Sustainable Development Goals (SDGs). SDGs represent an operationalisation of the broad concept of public value, whose realization requires a mobilisation of public and private actors, through a wide array of collaboration models, which can happen at macro, meso and micro levels. The chapter, which serves as an introduction to the whole book, presents two frameworks to understand such collaborations, some of them analysed and discussed in the book.