Finance and Development

Ugo Panizza

IA031 | Autumn | 6 ECTS

The course will study the relationship between finance and economic development by focusing on the roles of domestic and international finance. It will cover the following topics: the role of the domestic financial sector and its impact on economic development and growth; the role of international private capital flows (foreign direct investment, portfolio investment, and international bank lending); the role and activities of the multilateral financial institutions; concessional lending, official development assistance, and debt relief.