Examine privatization and competition as reform, focusing on policy and whether this method improves financial operation performance of formerly state-owned enterprises. Attend weekly meetings at GW to discuss theory and practice of privatization and competition policies. Travel to London to analyze its 20-year experience with analysis and transfer to private ownership. Visit academics, policy analysts, business leaders, firms, think tanks and ministries working on privatization as reform. For graduate stuents in Business, Public Policy, Public Administration, International Affairs and Economics.

This program examines privatization and competition as reform, a major political and economic issue for many countries. The program begins with seminars at the GW to discuss privatization and competition policies in theory and practice. Students then travel on a one-week study tour to London, England to examine Britain's 20-year experience with analysis and transfer of state assets to private ownership. For graduate students in Business, Public Policy, Public Administration, International Affairs and Economics.

Competition and Privatization as Reform
(3 credits)
May 22 to June 28, 2002
Washington, DC
PAD 267 Cases in Public Policy
or IBUS 261 Competition and Privatization as Reform

Examines privatization and competition as reform (PCR), focusing on the policy process and whether PCR improves the financial and operating performance of formerly state-owned enterprises. Analyzes the rationale for privatization and supporting policies for reforms. Discusses the new Public Management movement in the UK and its counterpart in the US, Reinventing Government. Discusses cases drawn from industries such as banking, oil & gas, telecom, social services, and electricity. Provides an understanding of PCR through three perspectives: 1) Management and corporate governance issues after privatization including the impact of privatization and competition on the capital formation, output pricing, and structural change of privatized firms; 2) Effect of privatization on government efficiency and the effect of competition on public accountability, and 3) Impact of privatization on access, reliability, price, quality and distributional equity for consumers.

Privatization - Lessons from Britain
(3 credits)
June 17-23, 2002
London, England
PAD 290* Special Topics
or IBUS 290 Special Topics

A one-week tour of the United Kingdom. Examines the history of privatization and competition policy over the past quarter century. Analyzes cases of privatization from different industries in the UK. Visits with academics, policy analysts, and business leaders to assess privatization as a policy in the UK. Gain first-hand perspectives from firms, think tanks, and ministries working on PCR. Discusses lessons learned and explores implications of the U.K. experience for privatization and competition policies in other countries. * Course may also meet requirements of PAD 208, with permission of instructors.

Students enroll in both courses, for a total of six graduate credits. The program is appropriate for master's level students primarily in international business, public policy, and public administration, as well as international affairs, and economics students.

Visit the web page of the GW School of Business and Public Management to learn more about business programs at GW.

Institute for Global Management and Research
John Forrer, Executive Director
igmr@gwis2.circ.gwu.edu
(202) 994-5283
2033 K Street, NW, Suite 230

An integral part of the George Washington University's School of Business and Public Management.

The Institute for Global Management and Research (IGMR) was established in 1995 to identify emerging management issues of global significance and to facilitate the understanding of these issues within public and private sector institutions.

May 22 - June 14

Biweekly meetings on campus for PAD 267/IBUS 261

June 17 - 23

Study tour "Privatization-Lessons from Britain" in London, England for PAD 290/IBUS 290

June 23 - June 28

Biweekly meetings continue on campus for PAD 267/IBUS 267

July 24

Group Presentations

Detailed itinerary for the study tour in London not yet available. Check this site later for updates.

The estimated cost of the program is estimated at $4453 for six credits tuition, a registration fee, housing, a basic meal plan, and in-country transportation for course activities. International airfare is not included.

To apply, fill out the on-line application, or contact:

Professors Jed Kee or Rob Weiner

jedkee@gwu.edu

rweiner@gwu.edu

Applications are due by March 15, 2002. A deposit of $500, payable to The George Washington University, will be required by April 2, 2002.

James E. Kee
Giant Food Professor of Public & Private Management
Areas of Expertise: Public Finance, Intergovernmental Relations, Public Sector Management, Productivity and Leadership

Robert J. Weiner
Associate Professor of International Business
Areas of Expertise: International Finance, International Strategy, Petroleum Industry, and Privatization

John Forrer
Executive Director, Global Institute for Management and Research, GW