International Development Policy
Faculty
Y. Sawada
Description
This course will be composed of lectures on graduate-level development economics. Topics to be covered will be:
1. Economic growth, human capital, and social capital
2. Economics of aid, growth, and poverty reduction
3. Financial repression and financial development
4. LC-PIH, credit constraints, and precautionary saving
5. Risk-sharing
6. Natural disasters and markets
7. Firms' investment behavior
8. Market externalities, coordination failure, and multiple equilibria
9. LC-PIH applied to current account dynamics
10. Models of currency crises