Development Theory and Emerging Markets
DTEM is compulsory for all students registered for an MSc degree in Emerging Economies and International Development.
• Outlines the broad picture of economic development in the long-term.
• Introduces the main theories of economic development that have emerged since the 19th century.
• Examines the policy implications following from each theory.
• Reviews historical case studies of economic development, focusing primarily on the examples of successful middle-income countries, the relevant policies and institutions, and the challenges and dilemmas that were addressed during the relevant period.
• Considers the main challenges to development today, and the policy options available for the developing countries.
The topics covered in this module are based on a considerable amount of reading which students are expected to do in advance of the relevant sessions.