The rise of hybrid governance

By Parag Khanna & Soenke Ziesche, Hybrid Reality Institute

An article about the return of parastatals.

“The many variations that occur when public not only meets private but blends with it are what we can call “hybrid governance”: government-sponsored entities with multistakeholder management, publicly financed corporations that compete in the international marketplace, federally chartered bodies with substantial private investment, and other combinations. In other words, public-sector skeletons with private-sector DNA.” Read more >

Source: McKinsey&Company