DevPolicy: Market/Gov Failures

3 Credits · Level: Graduate, Undergraduate

This course will analyze public policies in developing countries from the perspective of the market failures they were intended to correct and the government failures created by the interventions. Using cases from education, health, trade, industry, energy, water, sanitation, agriculture, labor, and social protection, the course will examine whether the policies addressed the original market failures; how government failures came about; and possible remedies. Students will write two policy briefs on sectoral policies in a selected country, and one assessment (with recommendations) of a country’s overall development policies. The goal is to equip students with the ability to analyze development policies in terms of market and government failures, and design reforms that balance the two.