Public Finance Introduction

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Public Finance Introduction

• Igor Baranov
• Graduate School of Management, St. Petersburg
  University

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Contact Information

• Instructor
• Dr. Igor Baranov, Associate Professor, Graduate
  School of Management, St.
  Petersburg University
• E-mail baranov_at_gsom.pu.ru
• Web http//www.gsom.pu.ru/en/professors/baranov
• Office hours
• Tuesdays 230 330 pm, room 417 (Dekabristov
  pereulok)
• by appointment, room 227 (Volkhovsky pereulok)

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About instructor

• Graduated from St. Petersburg University of
  Economics and Finance as an economist
• Internships / Visiting Research Fellow Berkeley,
  Emory, University of Illinois (Chicago), HBS,
  NHH, Stockholm School of Economics, LSE, etc.
• Ph.D. dissertation on providing public goods in
  decentralized economies
• Teaching (BM, MIB, EMBA, ExecEd) Public Finance,
  Public Economics, Business and Government
  (Regulation Economics), Management Accounting,
  Accounting and Finance in Health Care
  Organizations, Microeconomics
• Research Interests Competition in the Public
  Sector, Regulation, Performance Evaluation and
  Management in Health Care
• Professional Membership ASPE, EEA, ISRICH, IIPF

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Instructor (Research Projects)

• GSOM, Best Practices in Managing HCO, 2007
• USAID,  Analysis of Competition Prospects in
  Health Insurance, 2005-2006
• Ministry of Education and Science, Analysis and
  Improvement of University Economy Management,
  2004
• Ministry of Finance of RF, Financial Planning,
  2002-2005
• The Soros Foundation, Contribution of Health
  Insurers to Better Quality and Accessibility of
  Health Care, 20022003
• Eurasia Foundation, Development of
  Entrepreneurial Business-Community (in  high-tech
  industries in Saint-Petersburg), 2001-2003
• USAID, Regional Policy of Development of the
  Real Economy sector, 2001-2002
• Fond Foundation, Higher Economic Education in
  Russia Challenges of Acquiring  New Content,
  2001-2003
• RAO UES of Russia, Energy Saving Program, 2001
• Ministry of Finance of RF, Survey of Social
  Program Expenditure, 2000-2001
• State Property Fund of RF, Changes in
  Organizational Behavior in the Post-Privatization
  Period, 1997-1998
• State Property Fund of RF, Efficiency of Pledge
  Auctions, 1997
• INTAS, Transition Economy Local Public Sector
  in Russia, 1995-1997
• EU Secretariat, Fiscal Policy and Fiscal
  Federalism in Russia, 1995-1996

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Course Goal and Objectives

• Goal to develop students analytical skills in
  the area of public finance.
•  
• Objectives
• to introduce students to the public sector reform
  agenda with a focus on public finance issues
• to demonstrate administrative, political, and
  economic constraints to public finance reforms
• to develop analytical skills of the students in
  three major areas of public finance reforms
  (performance-based budgeting, mid-term financial
  planning, budget decentralization)
• to train students how to develop budgeting and
  performance evaluation systems for public sector
  institutions
• to develop students skills on how to write a
  public policy paper and make a presentation on
  public policy issue.

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Course Layout

• Lectures
• Discussion sessions
• Budgeting project
• Public policy paper project
• Both projects are based on work in small groups
  (up to 4 participants)

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Topics Covered

• Introduction to Public Finance.
  Review of the Public Finance
  Reforms
• Budgeting and Performance Evaluation in Public
  Sector Organizations
• Performance-Based Budgeting
• Mid-Term Financial Planning
• Budget Federalism

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Grading Policy

• mid-term exam - 10
• budgeting project (written and oral presentation)
  25
• public policy paper (written report and
  presentation in class) 25
• final exam 40