1. Public Finance Introduction Igor Baranov Graduate School of Management, St. Petersburg University

2. Page  2 Contact Information  Instructor: –Dr. Igor Baranov, Associate Professor, Graduate School of Management, St. Petersburg University  E-mail: baranov@gsom.pu.rubaranov@gsom.pu.ru  Web: http://www.gsom.pu.ru/en/professors/baranovhttp://www.gsom.pu.ru/en/professors/baranov  Office hours: Tuesdays 2:30 – 3:30 pm, room 417 (Dekabristov pereulok) by appointment, room 227 (Volkhovsky pereulok)

3. Page  3  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 About instructor

4. Page  4 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”, 2002–2003  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

5. Page  5 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.

6. Page  6 Course Layout  Lectures  Discussion sessions  Budgeting project  Public policy paper project Both projects are based on work in small groups (up to 4 participants)

7. Page  7 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

8. Page  8 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%