A guide to the reduction modulo p of Shimura varieties
  This is a report on results and methods in the reduction modulo p of Shimura varieties with parahoric level structure. In the first part, the local theory, we explain the concepts of parahoric subgroups, of the mu-admissible and mu-permissible subsets of the Iwahori-Weyl group, of the corresponding union of affine Deligne-Lusztig varieties and of local models. In the second part, the global theory, we use these concepts to formulate conjectures on the points in the reduction modulo p of Shimura varieties with parahoric level structure. 
M. Rapoport