This course explores the causes and consequences of three salient and interrelated characteristics of developing countries, namely poverty, volatility, and inequality, and it links them to current themes in development policy. The course will characterize the relationships between these three problems and a varied class of proximate and deeper determinants of economic development, including national saving, human capital accumulation, international trade, technology diffusion, demography, geography, economic complexity, and macroeconomic, structural, contractual, and political institutions. The emphasis throughout will be on informing the discussion on development policy.
This course will integrate the analyses of short- and long-run dimensions of development in the design of an overall development strategy. The course will review various determinants of economic growth, macroeconomic volatility, and income distribution, such as factor accumulation, demography, geography, economic complexity, and institutions. It will develop the tools necessary for diagnosing growth constraints, macroeconomic imbalances, fiscal policy, trade, the performance of financial and labor markets, and the sources of inequality and volatility, with an eye toward relevant policy issues.
This Harvard Kennedy School Executive Education course brings together leading experts in economic development with practitioners from around the globe to focus on practical approaches to shared growth and development. The curriculum provides a framework for understanding economic growth, as well as sophisticated tools for diagnosis, decision making, and implementation. In this ten-week program, you will have the opportunity to apply the concepts, frameworks, and tools you learn to your economic growth challenge that you are addressing in your city, region or country.