The growth of private sectors from Bulgaria to Benin has been one of the most significant reforms undertaken around the world in the last quarter century. This seminar examines political and economic causes for the global adoption of economic restructuring beginning in the 1980s. It looks at the conditions under which governments enacted far-reaching reforms such as privatization and free trade. It compares the outcome of these measures in selected countries and for specific sectors in East and Central Europe, Latin America, Asia, and Africa.
In addition, the seminar explores innovative public-private partnerships such as the one between the coffee transnational, Starbucks and the international non-governmental organization, CARE, to provide water, sanitation and micro-credit in developing countries. Finally the course will consider the ethical and social consequences of private sector growth.