Business & The State: Privatization & Public-Private Partnerships
Business & the State examines relationships between business and the state, focusing on privatization and public-private partnerships, a major political and economic issue for many countries.
The courses will look at political as well as economic considerations, using cases drawn from a variety of industries including defense/security, financial services, energy, healthcare and telecoms, and examine impacts on firms, consumers, and workers in terms of management, employment, access, reliability, price, quality, and distributional equity.
The program includes a one-week trip to London to explore Britain’s 35-year experience with analysis and transfer of state assets to private ownership, and extensive use of public-private partnerships. The itinerary includes visits with academics, policy analysts, and business leaders to gain insight into current assessment of privatization as a policy in the UK. We will discuss the lessons learned from the UK Parliamentary System, and explore the implications of the UK experience for policies in other countries. Our itinerary includes trips out of London and cultural activities.
Students must apply no later than February 4, 2018.