PSIA, Master in International Development
Course Description : This course is for students who want to guide development strategy for a developing country, either within its government or at an aid agency. Today, we see so many recommended development solutions – some weighty, others not. This course uses the Hausmann-RodrikVelasco (HRV) theory of binding constraints to organize higher-probability responses to development challenges. The 1st half of the course focuses on the HRV framework and technical solutions : fiscal/financial/regulatory/infrastructure/health/ education. Of course, technical solutions often fail because of institutional/social/political constraints, including corruption & conﬂict. The 2nd half of the course addresses these and seeks to identify practical responses to allow development. Objective of the course : (1) Understanding how endowments/policies/ programs affect growth & welfare in developing countries ; (2) Appreciation of how institutional/social/political factors may impede development (& practical responses) (3) Practice in synthesizing technical solutions and practical responses into a Country Development Strategy Required reading : Dani Rodrik, “Goodbye Washington Consensus, Hello Washington Confusion,” December 2006 ; John Williamson, “What Washington Means by Policy Reform,” November 2002 ; Daron Acemoglu, et al, “An African Success Story : Botswana,” July 2001 ; Case studies.
1 technical note assignment (25%) Practical project (30%) Continuous assessment via 2 workgroup sessions in the classroom (25%) Pedagogical method : Mix of theory and practice Course Description : TThis course engages students on embedding sustainability at the core of businesses and governments. The course starts by discussing what sustainability means, introducing the discipline of sustainability, and brieﬂy describing how it has epistemologically evolved over the past two decades. Thereafter a theoretical framework is provided, to weigh in the principle schools of thought around sustainability. The key global macro-economic and political events that currently make sustainability crucial for businesses and governments, are then reviewed. 3 live cases in total from government, large business, and start up, will be taken up where students will be required to work in groups to ﬁnd solutions to complex sustainability challenges. This would be followed by theory, framework and practice for negotiation, leadership & teamwork, followership, stakeholder engagement, and responsible entrepreneurship - These are essential soft skills required for turning organizations around towards making them more sustainable. An overview will be provided on the national statutory laws related to sustainability in developed and emerging economies, as well as the most important international standards for sustainability and sustainability reporting guidelines. Students will also be sensitised to the trends in this ﬁeld, and equipped with sources to keep themselves abreast with the latest changes in sustainability related laws and standards in the regions of their interest. This will be followed by a deep dive into a theoretical understanding of the concepts and then practical tips on setting up CSR, environment, energy management, R&D, leadership & succession planning, compliances, risk mitigation, safety & disaster management, strategy initiatives within organizations. A lecture will be dedicated to understand the technology solutions related to sustainability that are available, and those that are needed. Students will be sensitised to the challenge of access to effec1367
CREATING SUSTAINABLE BUSINESSES AND POLICIES
Semester : Spring Number of hours : 24 Language of tuition : English
Teachers : Miniya CHATTERJI (CEO / CSO Jindal Steel & Power). Prerequisite : The student's willingness to integrate the principles of sustainability in to business and government policy. Pedagogical format : Seminar Course validation : Classroom participation (20%)