Notes

1  Business acumen was described as "the ability to take sound commercial decisions based on an understanding of the motivations of private sector counterparties" in the United Kingdom's National Audit Office report Commercial Skills for Complex Government Project, dated November 6, 2009.

2  NAO 2009a.

3  This figure represents the World Economic Forum's own estimate and includes units at the national and local/state levels.

4  See the Partnerships UK website: http://www.partnershipsuk.org.uk/PUK-Shareholders.aspx.

5  See the Partnerschaften website: http://www.partnerschaften-deustscheland.de/.

6  See the European PPP Expertise Center: http://www.eib.org/epec/.

7  World Bank and ICA 2009.