Development Economics
Module: 3. + 4. Concentration and complement: Global Governance Challenges
Date: 10.11.2022 – 12.11.2022
Instructors: Dr. Rolf Alter
Abstract
10-12 November 2022 | Executive seminar
Global economic integration over the last 30 years has significantly impacted the understanding, strategies and policy practice of the development of countries.
Three dynamics characterise this evolution:
- from reliance on state actors as exclusive drivers of development towards shared responsibilities with the private sector and civil society
- from closed domestic markets towards integration into global trade flows, foreign direct investment, international finance and cross-border labour migration
- from bilateral aid co-operation among developing and developed countries towards a global development agenda and institutional architecture, with the UN Agenda 2030 and its focus on the 17 sustainable development goals arguably the most comprehensive reform initiative.
The COVID-19 pandemic has added specific challenges to economic development and poverty reduction in terms of access to vaccination in developing countries, interruptions of global value chains and their negative impact on investment, employment and output and sudden declines of remittances from workers in the diaspora where they constitute critical sources of income and investment in developing countries. Climate change and the war in Ukraine are becoming major threats to livability and food security in developing countries.
The course aims to familiarise students with development concepts, governance approaches and performance of developing and emerging countries. Opportunities and challenges will be illustrated through case studies of good practices from countries around the world. The current institutional framework of development cooperation at international level (UN, World Bank, IMF, global NGOs etc.) will be analysed to provide insights into the mechanisms in support of development.
The course will benefit from external speakers from government, international organisations, civil society and the private sector. Their introductions will lay the ground for Q/As and debate. Students will be invited to share their professional experiences.
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