The course gives economic and empirical foundations for a sound understanding of the instruments, prospects and limitations of international development aid.
Objective
Students have a theoretically and empirically sound understanding of the prospects and limitations of international development aid. Students are able to critically discuss the various aid instruments of bi-and multilateral donors and NGOs.
Content
Introduction to the Determinants of Underdevelopment; History of Aid; Aid and Development: Theories and Empirics; Political Economy of Aid; Experience and Impact of Aid; New Instruments of Aid: e.g. Micro-Finance, Budget-Support; Fair-Trade.
Literature
Articles and book abstracts will be uploaded to a course website.