This course is intended to provide future managers, expecting to work in or with developing countries, with an understanding of their current economic reality and future prospects of these nations. The course will address several developmental challenges faced by poor nations, focusing on the role of the private sector and business managers, and stressing the implications for corporate performance. It will not cover in detail the internal operational challenges of corporations.
There are three parts to this course. Part A provides a general introduction to the problems of development, and the implications of the international economic and political order. Part B addresses the role that private business and markets can play in promoting economic growth, stressing the activities of foreign investors. Part C looks at the specificities of poverty and the role of the private sector in solving this problem.
Class Participation: Class attendance is mandatory. Active and thoughtful participation is encouraged and will be rewarded by up to 0.5 bonus point in the final grade. You are advised to read the readings before each class, so that you can participate. The reading of the case-studies for class discussion, when assigned (marked with **), is absolutely required.
Group Case-study (35%): In groups of 4, students can prepare a case-study on any topic broadly related to the course. The group, topic and a short outline must be communicated to the course grader by the end of session 6, for validation by the course instructor.
The final report is due before the last session and is limited to 12 double-spaced pages. It will be judged by its originality and innovation, the use of tools developed in the course and, above all, the quality of the analysis and recommendations.
Individual Flash essay (35%): Students will be given a choice of topics currently on the news to prepare a report in a short period, simulating the role of an advisor to a high-level personality. Students should research the topic, including through sources on the web, and prepare the report. All sources should be listed with the report.
The topic will be distributed in class on class 7. The report is due before the beginning of class 8. The report should is limited to 2 double-spaced pages.
Individual Final Exam (30%): A short final exam, lasting for one hour, covers all topics in the course. It assumes that all readings have been done and class handouts have been thoroughly scrutinized.
COURSE OUTLINE AND READING LIST
In this syllabus, you will find the key contents and the required readings for each session. For each topic, you can find many additional readings, references and www links on the course’s website.