1st Exercise - Refer to Menzel (e.g., 3rd Edition, pages 236-242) or other source for why and how governments are privatizing; public-private partnerships, alternative financing schemes, enhanced use leases, etc. Be prepared to identify the ethical pros and cons of such initiatives and their impact on Public trust.

Identify the ethical pros and cons of public-private partnerships from each of these perspectives: government administrators; government accountants/auditors; contractor/developer/operator; directly affected citizen; and public-at-large. Identify any assumptions you may be making so your answers are properly contextualized.