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Governments are finding their backs up against the fiscal wall as they struggle to fund services and rebuild infrastructure in a time of stagnant or declining revenue. Where will they turn? New taxes and more public debt are politically are unpopular and/or economically non-feasible. To deliver services, to spur economic growth and to lower expenses without resorting to austerity measures, governments are increasing engaging the private sector through public-private partnerships (PPPs). PPPs allow the public sector to benefit from commercial entrepreneurship, innovation and efficiencies obtained through the integration of private sector investors and operators who deliver their own capital and expertise. Designed for public officials as well as private sector professionals, this course combines theory and practice in each session to convey the conceptual foundations on choosing, designing and evaluating PPPs.
By the end of the class, students will be able to:
Understand and use the concepts, methods and applications of public-private partnerships in a variety of sectors;
Understand how to balance project bankability and affordability;
Identify and analyze the public policy aspects of public-private partnerships; and
Use the knowledge and skills gained in the course to pursue and implement PPPs as part of a private or public sector organization.
Who should attend
This program is open to those who are interested in participating in public-private partnerships from either a public or private perspective. An undergraduate degree and three or more years of work experience is recommended as the course will be highly interactive. Current or previous work experience in public-private partnerships is not required. In addition to public sector officials, professionals in the field of finance, engineering, construction, law, operations and maintenance, along with senior consultants, investors and journalists will benefit the most from this program.