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IDEC8007 Aid and Development Policy

Offered By International and Development Economics Program
Academic Career Graduate Coursework
Course Subject International and Developmental Economics
Offered in Second Semester, 2011 and Second Semester, 2012
Unit Value 6 units
Course Description

While it is widely acknowledged that the fundamental determinants of development success are domestic in nature, external factors can be important. Indeed, developed countries are becoming increasingly activist in their deployment of a range of tools, from aid to migration to military intervention to promote development (or at least halt deterioration) in poor and often unstable countries around the world. The course will introduce students to available analysis and the debates around overseas development assistance and other policy tools which rich countries can use, either intentionally or inadvertently, to promote or hinder development in poor countries.

Course Syllabus 

  1. The main focus of the course will be on aid policy. A high-profile debate has sprung up among academics on aid effectiveness, and this will be used to frame this part of the course. The course will compare the critiques and strategies presented in the "best-selling" books by Bill Easterly, Jeff Sachs, and Paul Collier, and the evidence for them.
  2. Other rich country development policies will be covered in less detail. They will include: migration policy; trade policy; intellectual property rights (especially in the context of health); peacekeeping/military intervention; climate change, and other global public goods; global development architecture (the future of the World Bank and IMF).
  3. Methodological issues: The economic methodologies and evidence-bases used in the policy debates around the above issues are diverse and include: cross-country regressions, organizational theory, principal-agent models, game theory, growth and CGE models, public finance, case-studies, and household surveys. While lectures will not primarily be structured around methodological issues, the course will provide students with the opportunity to consider these different approaches, and their strengths and weaknesses in particular settings.
Learning Outcomes

Students will gain:

i) an understanding of the main debates around aid and other rich country development policies;

ii) knowledge of the economic tools which can be used to assess these policies;

iii) experience in the assessment of particular rich country development policies.

Indicative Assessment

Policy memo, 1000 words (20%), long essay, 4000 words (40%), exam (40%).

The policy memo provides an introductory assessment task and provides some real world flavour. The long essay requires students to go into depth on some particular issue. The exam encourages students to engage with the breadth of the course and tests understanding as well as absorption.

Course Classification(s) AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs.
Areas of Interest Economics and Policy Studies
Recommended Courses

IDEC8022 Economic Development

Programs Master of Public Policy, Master of Environmental and Resource Economics, Master of International and Development Economics, Master of Public Policy, Master of International and Development Economics, Master of Environmental and Resource Economics, Master of Public Administration, and Master of Environmental Management and Development
Academic Contact Dr Stephen Howes

The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions