Economic Development

Each year $100 billion in aid is spent worldwide to developing countries to help raise “the bottom billion.” In this seminar, we will examine problems of, and (potential) solutions to, economic development, starting from the individual experience of poverty. Employing a microeconomic framework, but also drawing on other social sciences, we will assess how some of that $100 billion is used, examining current development programs and policies (such as health, education, microfinance, labor migration, community-based development, etc.).