Trade and development policies


This course presents some important features of economic growth and development and their implications to development and trade policies for low and middle-income countries.


Part 1: Development and Structural Transformation, by Felipe Starosta de Waldemar
Chapter 1: Main definitions and stylized facts
Chapter 2: Product Space
Chapter 3: Economic complexity

Part 2: Development and Trade, by José de Sousa
Chapter 1: Recent facts of international trade
Chapter 2: Trade and development: macro
Chapter 3: Trade and development: micro

Part 3: Development and capital flows, by Jean-Noël Senne
Chapter 1: Capital flows to developing countries: stylized facts
Chapter 2: Aid and Foreign Direct Investments
Chapter 3: Migration and Remittances


  • Acemoglu, D. & J.A. Robinson (2012). Why nations fail: the origins of power, prosperity and poverty. New York: Crown Business.
  • Banerjee, A., Banerjee, A. V., & E. Duflo (2011). Poor economics: A radical rethinking of the way to fight global poverty. PublicAffairs.
  • Collier, P. (2007). The bottom billion: Why the poorest countries are failing and what can be done about it. Oxford University Press.
  • Frankel, J. A., & F. Romer (1999). “Does trade cause growth?”, American economic review, 379-399.
  • McMillan, M., & D. Rodrik (2011). “Globalization, structural change and productivity growth”, NBER Working Papers No. 17143.
  • Rapoport, H., & F. Docquier (2006). The economics of migrants’ remittances. Handbook of the economics of giving, altruism and reciprocity, 2, 1135-1198.
  • Stiglitz, J. E. (2002). Globalization and its Discontents. New York.
  • Todaro, M., & S. C. Smith (2012). Development economics, 11th Ed, Pearson.