GraSPP
Case Study (Public-Private Partnerships: Theory, Practice, and Cases)
Faculty
NISHIZAWA, Toshiro
Credit / Semester / Schedule / Language
2 Credits / Winter / Monday Period: 6 / English
Objectives/Overview
This course is intended to help prepare students for future positions, in both the public and private sectors, where international and financial sector perspectives are required.
This course has a particular goal to provide students with the basic knowledge of "Public-Private Partnerships (PPPs)" as a framework for infrastructure development in developing and emerging economies.
Schedule
This case study will focus on PPPs as a framework for infrastructure development in developing and emerging economies. It covers a review of the underlying economics of PPPs (theory), challenges often encountered in implementing PPPs (practice), and actual project examples. Issues on risk-sharing, accountability, and managing government contingent liabilities are also covered. Details will be provided in the first class.
Day 1 October 3 Introduction Nishizawa
Day 2 October 17 For and against PPPs Nishizawa
Day 3 October 24 Legal aspect Guest
Day 4 October 31 Risk management Nishizawa
Day 5 November 7 Government contingent liabilities Nishizawa
Day 6 November 14 Cases in Latin America Guest/Nishizawa
Day 7 November 21 Cases in Asia Guest/Nishizawa
Day 8 November 28 Credit rating Guest/Nishizawa
Day 9 December 5 Mid-term presentation Nishizawa
Day 10 December 12 Mid-term presentation Nishizawa
Day 11 December 19 Discussion on particular issues (TBD) Nishizawa
Day 12 January 16 Discussion on particular issues (TBD) Nishizawa
Day 13 January 23 Final presentation Nishizawa
Day 14 January 30 Final presentation Nishizawa
Keywords
English, PPPs, Infrastructure, Developing countries
Teaching Methods
This course will be conducted as a seminar with introductory lecture followed by class discussion. Active participation in discussion based on student experience and/or reading of assigned materials is expected. The working language is English.
Guest speakers will be invited to discuss specific issues from various perspectives and/or based on different fields of professional expertise.
Students are required to make presentations twice on a topic of interest, either individually or as a team depending on the total number of registered students. Each student is also required to submit reports based on the presentation in the middle and at the end of the course.
Grading
The course grade will be based on:
Presentations 40% (15% for mid-term and 25% for final)
Individual reports 40% (15% for mid-term and 25% for final)
Class attendance and participation 20%
Required Text
Required readings, mainly excerpts from the following materials, will be made available either on the course website or handed out in class.
ADB, JBIC and the World Bank (2005). Connecting East Asia: A New Framework for Infrastructure.
Akintoye, A., Matthias, B. and Hardcastle, C. (ed.) (2003). Public-Private Partnerships: Managing Risks and Opportunities. Oxford: Blackwell.
Grimsey, D. and Lewis, M.K. (2004). Public Private Partnerships: The Worldwide Revolution in Infrastructure Provision and Project Finance. Cheltenham and Northampton: Edward Elgar.
Schwartz, G., Corbacho, A. and Funke, K. (ed.) (2008). Public Investment and Public-Private Partnerships: Addressing Infrastructure Challenges and Managing Fiscal Risks. New York: Palgrave Macmillan.
Victor, D. and Heller, T.C. (ed.) (2008). The Political Economy of Power Sector Reform: The Experiences of Five Major Developing Countries. Cambridge: Cambridge University Press.
Yescombe, E.R. (2007). Public-Private Partnerships: Principles of Policy and Finance. Burlington and Oxford: Butterworth-Heinemann.
Reference Books
ADB, JBIC, and the World Bank (2005). Connecting East Asia: A New Framework for Infrastructure.
Akintoye, A., Matthias B., and Hardcastle, C. (ed.)(2003). Public-Private Partnerships: Managing Risks and Opportunities. Oxford: Blackwell.
Schwartz, G., Corbacho, A. and Funke, K. (ed.)(2008). Public Investment and Public-Private Partnerships: Addressing Infrastructure Challenges and Managing Fiscal Risks. New York: Palgrave Macmillan.
Victor, D. and Heller, T.C. (ed.)(2008). The Political Economy of Power Sector Reform: The Experiences of Five Major Developing Countries. Cambridge: Cambridge University Press.
Yescombe, E.R. (2007). Public-Private Partnerships: Principles of Policy and Finance. Burlington and Oxford: Butterworth-Heinemann.