Over recent years, interest in better understanding the Multistakeholder Partnership (MSP) has grown significantly. Multistakeholder Partnership being an approach to address development challenges throughout the world 'has gained much currency in development circles, trouncing the popularity of PPP (Public-Private Partnerships)'. Enormous success of a good number of partnership initiatives across the developing world has encouraged many development practitioners including development agencies, civil society and public sector to take into account MSP approach to address development problems and challenges. Globalisation has also impacted positively to promote collaboration and partnership. MSP allows organisations from diverse sectors to take advantage of innovative synergies and attain outcomes that are not always possible for any one of them to attain acting alone. Some practices in developing countries has already demonstrated that MSP possess significant potentials to put forward an institutional mechanism to strengthen each organisation involved to maximise organisational objectives while at the same time, achieve the common goals set by the partnership to address specific development issues in
many important sectors, e.g. Information and Communication Technologies for Development, telecommunications, health, tourism and so on.
Definition and basic elements
MSP denotes to a collaborative process which aims to bring together all major stake-holders in a new form of communication, decision-finding and possibly decision-making on a particular issue. They are based on recognition of the importance of achieving equity and accountability in communication between stakeholders, involving equitable representation of three or more stakeholder groups and their views. They are based on democratic principles of transparency and participation, and aim to develop partnerships and strengthened networks among stakeholders.
MSP can encompass a range of actors from state to non-state entities including business, civil society. All stakeholders involved in the MSP reach to an agreement to work together to realise some common goals through sharing resources and competencies. A true and effective MSP has potential to bring together three distinct elements: