Case Study (Public-Private Partnerships: Theory, Practice, and Cases)
Instructors
Credits / Language / Semester
2Credits / English / Winter
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.
Keywords
English,PPPs,Infrastructure,Developing and emering countries
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.
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.
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.