ECON 359
Developing Country Macroeconomics II: Institutions and Policy Regimes Spring 2018
Division II
Cross-listed
This is not the current course catalog

Class Details

Developing countries do not find it difficult to initiate rapid growth, but do find it difficult to sustain it. Growth spurts are often derailed by macroeconomic shocks. As developing countries become increasingly open to trade and financial interactions with the rest of the world, such shocks may become more frequent, and potentially more severe. This course examines the types of macroeconomic institutions and policy regimes that can help developing countries withstand such shocks and sustain economic growth. We will examine fiscal rules, policies toward the domestic financial sector, central bank independence, the design of monetary and exchange rate regimes, and capital account regimes. We will also consider how shortcomings in institutions and policy regimes have contributed to macroeconomic crises in developing countries .
The Class: Format: lecture
Expected: 25-30
Class#: 3175
Grading: yes pass/fail option, no fifth course option
Requirements/Evaluation: two midterms and a final project
Extra Info: not available for the fifth course option
Prerequisites: ECON 505 or 506; undergraduate enrollment limited and requires instructor's permission
Distributions: Division II
Notes: This course is cross-listed and the prefixes carry the following divisional credit:
ECON 359 Division II ECON 515 Division II
Attributes: GBST Economic Development Studies
POEC International Political Economy Courses

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