Governance and Institutions in Emerging Markets
Full course descriptionThis course is focused on the process through which decisions are made and authority is exerted in emerging markets. It covers both conceptualizations and measurements of what (good) governance entails, as well as the impact of governance on economic development. Both the relationship between governance and broad measures of economic development (such as long-run growth in GDP per capita) and more narrow measures of economic development (such as child mortality or literacy rates), are analyzed. The role of a capable bureaucracy, and a capable state more generally, in the delivery of specific public services (such as basic education or public health) is carefully covered. A link to private sector (corporate) governance is made, and the relationship and relative importance of private and public sector governance is discussed. Significant attention is also paid to ideas for how to improve governance in countries with unstable and fragile political and economic institutions, with a particular emphasis on instability created by rapid growth in emerging economies.
Course objectives* Students explore ways in which public and private sector governance shapes the process of development * Students learn to evaluate how state capabilities translate general economic development into concrete features of well-being * Students are challenged to think about how governance in the public and private sector can be improved
Recommended readingCollection of academic articles and book chapters.
3 Feb 2020
3 Apr 2020
- M. Konte
Teaching methods:Work in subgroups, Lecture(s), PBL, Presentation(s)
Assessment methods:Participation, Written exam