IEDP 553 Public Finance
The course explores the financing and provision of public goods and the conditions under which market failures occur, with particular focus on the role of information asymmetries, uncertainty and externalities in developing countries. The course examines how differences in administrative capacity between developing countries and more advanced countries affect the nature and prevalence of these market failures and develops a framework for government policies, or other third parties such as non-governmental interventions, as responses to market failures in a developing country context. It also covers the basic concepts and techniques of public management: how to advance policy in a bureaucracy; how to structure organizations for optimum productivity; how to master budgetary and financial processes; how to communicate and be persuasive; how to develop and use effective management information systems; and how to manage human resources effectively.
Cross Listed Courses
ECON 359 & IEDP 553