INSTRUCTORS:
Nguyễn Trọng Hoài
Ph.D., University of Colombo, Sri-LankaVõ Tất Thắng
Ph.D, Australian National University, AustraliaNguyễn Quỳnh Huy
GIẢNG VIÊNBùi Duy Tùng
Ph.D, University of Bourgogne Franche-Comté, Dijon, FranceThe aim of this course is to introduce and analyse the issues and debates surrounding development
finance, at both a global and local level.
Topics covered in the course include:
• Financial theory as a framework for analysis
• Relationship between finance, growth, development, and poverty alleviation
• Financial repression and liberlization
• Domestic financial system
• External financial system
• Financial crises and debt crises
• The international financial architecture
• Finance and the private sector.
On completion of the programme, students will be able to:
1. Thoroughly understand the role of the financial system and the relationship between financial development and economic development,
2. Applying economic theories to analyze financial sector (instruments, markets, institutions and financial infrastructure), and
3. Effectively analyze the role of government in developing the financial system, as well as requirements and challenges in creating an efficient financial system.
Session 1: An introduction to the financial system
Session 2: Development finance and economic growth
Session 3: Financial repression, liberalization and growth
Session 4: The domestic financial system: an overview
Session 5: Aids and development finance
Session 6: The external financial system (I): characteristics and trends
Session 7: The external financial system (II): debt and financial crises
Session 8: The international finance
Session 9: The international finance
Session 10: Group assigment
Subject marking will be based on the following weightings:
- Attending 10 %
- Group report 20 %
- Individual essay 20 %
- Final essay 50 %
Session 1
Spratt, S. (2008), Chapter 1: “An introduction to the financial system in theory and in practice”
Session 2
Spratt, S. (2008), Chapter 2: “Finance, poverty, development and growth”
Session 3
Spratt, S. (2008), Chapter 3: “Financial repression, liberalization and growth”
Session 4
Spratt, S. (2008), Chapter 4: “The domestic financial system: an overview”
Session 5
Sderbom, M., Teal, F., Eberhardt, M., Quinn, S., & Zeitlin, A. (2014). Modelling the effects of aid and the determinants of growth
Session 6
Spratt, S. (2008), Chapter 6: “Reforming the domestic financial system: options and issues ”
Session 7
Spratt, S. (2008), Chapter 7: “The external financial system (II): debt and financial crises”
Session 8
Neumayer, E., & Spess, L. (2005). Do bilateral investment treaties increase foreign direct investment to developing countries? World Development, 33(10), 15671585. https://doi.org/10.1016/j.worlddev.2005.07.001
Session 9
Soysa, I. de, & Neumayer, E. (2005). False Prophet, or Genuine Savior? Assessing the Effects of Economic Openness on Sustainable Development, 198099. International Organization, 59(3), 731772. https://doi.org/10.1017/S0020818305050253