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Course Overview
INTRODUCTION TO DEVELOPMENT ECONOMICS
Professor: Sergei Guriev
Session 1
Language of instruction: English
Number of hours of class: 2.5
Summary
Objective of the course:
To introduce the students to modern development economics. We will discuss the state
of development, the frontiers of development economics and its methodology. The
students will learn the main facts and regularities of economic development and discuss
the key challenges of economic development.
Summary:
Development economics – the study of economic and social transformation of low-
income and middle-income countries, home to four fifths of the world population – has
itself experienced a dramatic revolution in the last twenty years. Modern development
economics uses rigorous empirical methods, reaches across disciplinary borders and
focuses on first order practical problems in developing countries.
This class will introduce the students to the basic facts of economic development,
explain what development economics does, what it knows and does not know, which
problems have been solved and which are yet to be solved.
Professor Biography
Sergei Guriev, Professor of Economics and Director of
Graduate Programs in Economics, Sciences Po, Paris
Sergei Guriev joined Sciences Po as a tenured professor of
economics in 2013 after serving as the Rector of the New
Economic School in Moscow in 2004-13. In 2016-19, he has
been on leave from Sciences Po serving as the Chief
Economist and Member of the Executive Committee of the
European Bank for Reconstruction and Development (EBRD).
Professor Guriev’s research interests include political economics, economics of
development, labor mobility, corporate governance and contract theory. He has
published in international refereed journals including American Economic Review,
Quarterly Journal of Economics, Review of Economic Studies, Journal of European
Economic Association, Economic Journal, Journal of Economic Perspectives, Journal of
Economic Literature, Brookings Papers on Economic Activity and American Political
Science Review.
Professor Guriev has been a board member of Sberbank, E.ON Russia, Alfa-
Strakhovanie Insurance Company, Russia Venture Company, Russian Home Mortgage
Lending Agency, Russian Agricultural Bank, and the Dynasty Foundation. He has also
been a member of the Scientific Council of Brussels-based think tank Bruegel and
Academic Advisory Board of Oxford University’s Blavatnik School of Government. In
2008-12, he was a member of the President of Russia’s Council for Science, Technology
and Education. In 2006, he was selected as a Young Global Leader by the World
Economic Forum. In 2009-11, he was included in the top 100 of the President of Russia’s
Cadre Reserve. In 2016-17 he served as the President of the Society for Institutional and
Organizational Economics. He is a member of the Executive Committee of the
International Economic Association and a Global Member of the Trilateral Commission.
He is also a Research Fellow and the Leader of the Research and Policy Network on
Populism at the Centre for Economic Policy Research, London. He is an Ordinary
Member of Academia Europeae.
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