All Politics Is Local: Barcelona's innovative urban PPP credits success to its working relationships with politicians

political risk
Publication Date:
Jan 01, 2015
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This report is extracted from Handshake Issue #16: Innovation.

A PPP in Barcelona aimed to reinvigorate the city, strategically building a vibrant urban center to attract businesses as well as creative institutions. The ambitious goal to guarantee a sound economy, pleasant surroundings, and a sustainable environment for decades to come, satisfying visitors as well as residents had never been undertaken at this scale. Public and private cooperation made it possible, proving that even for the most innovative PPPs, old-fashioned political relationships are as important as ever.

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