In order to foster sustainable and inclusive growth in developing countries, we need to identify and address key development obstacles in different sectors and also factor in macroeconomic challenges. This course examines typical sectorial issues, selecting a few sectors for more in-depth analysis. The reviewed sectors include agriculture and rural development, education and health and the financial sector. Governance issues are also addressed as an integral part of the sectorial analysis and policy responses.
The course focuses on macroeconomic policy issues and provides an introduction to macroeconomic stabilisation policies. It includes a session on development cooperation policies and development effectiveness, as well as a presentation on the Chinese Development Model, which is contrasted with one other major developing country. Participants take part in a simulation exercise, where the (fictitious) board of a multilateral development bank must make a decision on whether to invest in a major power plant which would have a significant detrimental impact on the environment. The simulation exercise shows the tensions between economic growth objectives, poverty alleviation and sustainability objectives. It also demonstrates how decision-making priorities can differ between the developing countries receiving loans from multilateral institutions on the one hand, and the major shareholders of the institutions providing the financing on the other.
The course aims to provide an introduction to typical development challenges and as well as to show how policies can influence these challenges. It thus both familiarises students with these typical issues and policy responses and provides exemplary practical training in how to identify and assess these challenges, as well as how to formulate policy responses.
The course is primarily for participants who already work in public policy within developing countries, in development cooperation institutions or who are interested in doing so in the future. By working in-depth in selected policy areas, participants build competencies in the analysis of sectorial and macroeconomic development challenges as well as in defining respective policies.
Not offered in 2018/19. This course can be customised for organisational clients. Learn more.