Le Grand Syllabus 2017/2018
Course Description : This multi-disciplinary course is designed to equip students with practical skills necessary to structure and negotiate the essential terms of development projects, with an emphasis on infrastructure and sustainable social projects in Africa. We will ﬁrst concentrate on structuring a potential project by examining its technical, ﬁnancial, and developmental parameters and getting it on paper in a coherent, enforceable manner ; we will also examine the various operational risks of a proposed project and collectively consider how to best minimize those risks so as to create a sustainable and bankable project for all concerned. Students will be asked to put themselves in the shoes of each principal stakeholder involved in such a project – whether an investor, an operator, a development institution or other ﬁnancier, a supplier or customer, a government regulator, or civil society. We will also discuss such knotty issues as performance standards and guarantees, exit strategies, ﬁnancial sustainability, and ease of project management. The focus will be on creating successful projects from the bottom up, not on macro-economics. , Students will be asked to “skim” through various reading materials – not to study them in detail or analyze statistics but rather to get a “feel” for the issues being raised. each student is expected to look at these readings in advance of each class so as to permit a more informed, lively discussion during each of the ﬁrst 4 weeks of the seminar. As 24 credit hours are squeezed into six weeks of class, meeting twice each week, students would be expected to prepare project descriptions, to represent one party or another, and to defend the technical, ﬁnancial, and developmental feasibility of such a project during class. After the ﬁrst class, each student will be required to prepare a “termsheet”, setting forth the key terms of a proposed project of interest to that student. That project should be sustainable in the long term, preferably developing its own income stream and not relying solely on donor grants. Students then be asked to reﬁne their termsheets to better describe the social, ﬁnancial and legal parameters and anticipate risks or concerns of other project participants, such as development agencies, banks or civil society. Several classes will be then devoted to the challenges to both African governments and devel1768
opment ﬁnance institutions in sponsoring or co-ﬁnancing particular projects and in creating joint ventures or special purpose project companies. We will also delve heavily into project ﬁnance, public-private partnerships, and the relationship among the various project participants. After Spring break, students will work in small teams to prepare initial position papers for a project and to practice negotiating face- to-face in a series of mock project negotiations, using the skills learned in the ﬁrst half of the course. Each student will be assigned a negotiating role, with other students observing and providing constructive criticism of the mock negotiation at the end of each session. Required reading : A series of articles, checklists, excerpts from books, and contractual terms excerpted from international project agreements will be posted prior to each class.
Semester : Spring Number of hours : 24 Language of tuition : English
Teachers : Régis BISMUTH (Professeur des Universités à Sciences Po). Pedagogical Format : Seminar Course validation : Students are required to write 4 reﬂection papers throughout the semester. Class participation can raise a student's grade up to one notch. Course Description : This course aims to provide students with a global overview of the theory and practice of adjudication before international courts and tribunals. Within this framework, several dispute settlement mechanisms (ICJ, WTO, ICSID and other investment arbitration mechanisms, ITLoS, PCA, ICC, ECtHR, IACtHR, etc.) will be studied in a comparative per