Ethics of partnerships

Some of the merging issues in the partnerships have been on the ethics. This comes into play on the analysis of the good partnership arrangements and the means of determining the good partnership arrangements. On the other hand, there have been concerns on the social responsibility as well as the establishment of accountability of the partnerships (Lawther, 2000, pp, 13-89). There have been emerging agreements that the arrangements of partnerships in South Africa are key to the fulfillment of the moral obligations, which seek . to improve on the health welfare of the people in the community.

It has always been argued that the rich people have an obligation to assist the poor. In that respect, it is argued that the private organizations should have social responsibilities to meet the needs and expectations of the members of the society. The reason for this is that such organizations have competence and expertise, as well as resources which can be employed in making substantial contributions to the society. It is believed that the partnership arrangements can influence the provision of goods and services in the society.

This is in considering the fact that they are able to come up with creative potential of various perspectives to meet the essential problem areas (Geddes, 2005, pp, 10-78). The ethical application in this case comes up as a result of the consequences involved in the management of the public private partnerships. The research paper has made a focus on social capital, the concept which is used to describe the potential of some societies to handle their problems by the establishment of trust as well as links with its members.

Public private partnerships therefore may illustrate a certain kind of international social capital, which can be used in the contemporary society for handling the problems in the society. This is the case given that it is able to come up with new techniques, as well as work flexibly outside the current establishments of the government which can be described as bureaucratic (South Africa, PPP Unit and National Treasury 2004, pp, 1-56). Implications In most occasions it is considered that, it is the nature of the capitalist form of market system in cases, where the owners of capital will seek to establish means of accumulating capital.

In such situations the government usually tends to encourage such acts by deregulating its operating financial system. The main concerns raised in this aspect are if the practices of public private partnerships are of benefit to the public. And it that respects concern is made as to who should be in charge of credit creation, as well as the financing of the public services. In this respect, questions are raised as to whether the government should take control of these management functions, or if the private sector should take the responsibility (Yescombe, 2007, pp, 10-60).

The proponents of these ideas argue that it is the benefit to the free individuals other than for the collectivities, which need to be served by the economic as well as political system of any government system. The extent of the freedom as well as the wealth enjoyed by the citizens is the fruits resulting from the practices of individual freedom in the various market exchanges. Therefore, the role of the government is to enhance the practice of such levels of freedom, by restricting its management functions in the economy to making sure that the practices of fair play as well as the other crucial rules in free exchange are upheld.

On the part of the individuals, they are required to establish their own forms of judgment on the benefits of the system. This should be done in consideration to the reports established on the progress of the economy, and those which relates to the economic cycles (Akintoye et al 2003, pp, 12-150). Recommendations In most occasions, persuasive arguments can be made to support or even against the utilization of the public private partnerships by the government, and the empirical evidence in relation to this concept seems to be mixed.

However, considering the importance of the government assets such as land and the need for infrastructure finance, public private partnerships can play a crucial part. There is need to uphold prudence, and highly informed negotiations as well as careful assessment practices. In order to move towards the direction of achieving these objectives, there is need to amend the government reforms, especially those in relation to the local government (Grimsey AND Lewis, 2007, pp, 10-50). Conclusion

The utilization of the multi-sectoral approaches in meeting the comprehensive society issues is expanding at a high rate, in its popularity as a viable concept as well as in practice. However, the common means of carrying out the operations within the multilateral, as well as mixed commercial and other free means of operations are not adequate enough to handle the emerging f0orms of partnerships. The establishments of the recent organizational forms as well as the process of conducting effective governance and accountability dealings have not already been well structured, and as such the space is filled with the pulling forces and models.

The various policy makers, the media and the corporate agencies as well as the accountability officers and the non profit organizations among many other parties need to establish appropriate structures, for articulating these forces and the various needs which influence the operations of the government. Word count 3109 References Akintoye, A, Beck, M, Hardcastle, C, 2003. Public-private partnerships: managing risks and opportunities. Wiley-Blackwell. Australia Dept. of Finance and Administration, 2005. Public Private Partnerships: Business Case Development.

Dept. of Finance and Administration, Asset Management Group. Geddes, M, 2005. Making public private partnerships work: building relationships and understanding cultures. Gower Publishing, Ltd. Grahovac, B, 2004. East and West European public-private partnerships: public. Nova Publishers. Grimsey, D, Lewis, M, 2007. Public Private Partnerships: The Worldwide Revolution in Infrastructure Provision and Project Finance. Edward Elgar Pub. Hodge, G, Greve, C, Inc NetLibrary, 2005. The Challenge of Public-private Partnerships: Learning from International Experience.

Edward Elgar Publishing, Incorporated. Lawther, W, 2000. Privatizing toll roads: a public-private partnership. Greenwood Publishing Group. Link, A, 2006. Public/private partnerships: innovation strategies and policy alternatives. Birkhauser. South Africa, PPP Unit, National Treasury, 2004. Public Private Partnership Manual. National Treasury, PPP Unit. Staff, D, LLP, D, Sapte, D, 2006. Public Private Partnerships: Bot Techniques and Project Finance, Second Edition. Euromoney Books. Yescombe, E, 2007. Public-private partnerships: principles of policy and finance. Butterworth-Heinemann.