Indian Institute of Management Bangalore,
Bangalore, India.

Public policy has become an effective instrument of development and several initiatives have sprung up in its context
like new public management, reinvention, PPP, e governance, etc. PPP have gained currency in the context of the
emerging economies failing to rise to the demands of infrastructure, which have grown enormously. Similarly, the
growth of urban conglomeration has been phenomenal in these countries and different countries are coping with it
having failed to anticipate it. It is time to take stock and look for underlying trends from different perspectives.