Part 1. Models, actors and objectives of economic policy in developing countries;
Part 2. Main instruments of economic policy in developing countries;
2.1 Macroeconomic reforms;
2.2 Internal structural reforms;
Part 3. Main economic policy regimes adopted by developing countries.
"POLITICA ECONOMICA DELLO SVILUPPO: DISPENSE INTRODUTTIVE"(author: prof. Giovanni Andrea Cornia);
Any other references (articles) will be indicated and made available during the course.
Learning Objectives
- To Introduce the student to the essentials of economic policy in developing countries, set in the context of the local context;
- To enable the student to interpret the context and identify the best possible economic policy solutions;
- To enable the student to interpret the context and identify the best possible economic policy solutions; To make the student aware of the connection and importance between local contexts and economic policy in developing countries.
Prerequisites
microeconomics; macroeconomics; statistics I
Teaching Methods
lectures
Type of Assessment
Written exam;
a mid-term and a final (end of term) exam are encouraged.
Course program
1. Introduction to Economic Policy in Developing Countries;
2. Context and Objectives of Economic Policy in Developing Countries;
3. Economic Policy Actors in Developing Countries
4. Macroeconomic Reforms;
5. Fiscal policy, deficit, debt;
6. Heterodox stabilisation and macroeconomic populism;
7. Price policy;
8. Access to land and land reform;
9. Taxation, public expenditure and redistribution;
10. Labour market and social protection;
11. Industrialisation by import substitution;
12. Redistributive strategies;
13. Asian miracle;
14. New Political Economy and the Washington Consensus;
15. Towards a Post-Washington Consensus.