Trends

The challenge of international development requires a medley of ideas. At the Multilateral Investment Fund, we work in an array of topics that are at the forefront of efforts to spur the economic development of the private sector in Latin America and the Caribbean. Each week, this blog "Trends" brings you our latest research and thinking. 

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This public-private partnership serves chicken soup

By Guillermo Villacorta

When you think of public-private partnership (PPP) projects, you imagine a large airport project or a new highway. But in the case of a micro PPP in Santiago Nonualco, El Salvador, you could take a walk and buy some Indian chicken soup or warm chocolate or pupusas from friendly vendors in a clean, safe and historic market. We’re referring to the Anastasio Aquino central market in the small farming community of Santiago Nonualco in central El Salvador, which is administered jointly by the microentrepreneurs who sell there and the town government.