IDM009-Development Finance

Module Provider: School of Agriculture, Policy and Development
Number of credits: 10 [5 ECTS credits]
Terms in which taught: Autumn term module
Non-modular pre-requisites:
Modules excluded:
Module version for: 2017/8

Module Convenor: Dr Chittur Srinivasan


Summary module description:
To examine financial markets in developing countries and their relationship with international financial markets. To analyse the finance options available to governments of developing countries, and to understand the obstacles and opportunities to achieving successful outcomes.

- To examine the role of the domestic and international financial system in the economic development process.
- To examine the relative advantages and disadvantages of alternative sources of development finance and analyse the finance options available to governments of developing countries.
- To examine the trends, major debates and key issues in the area of development finance.

Assessable learning outcomes:
By the end of the module the student will be able to analyse and assess:
• The constituent parts of a financial system
• The relationship between financial sector development and growth, and poverty reduction
• Domestic and external financial systems: Characteristics, trends and reform
• Sources of development finance:
o Official development assistance and debt relief
o Private development financing, including foreign direct investment
o New sources of development finance, including remittances, philanthropic finance and diaspora funding
• Public finance and taxation
• Regulation of financial institutions
• Issues relating to inclusive financial sector development.

Additional outcomes:
Students will develop analytical and presentational skills

Outline content:
The module will cover the following areas:
• Role of development finance and structure of financial system
• Financial system development, economic growth and poverty reduction
• Political economy of development finance
• External financial systems: Trends, characteristics and financial crises
• Issues in the reform of domestic financial systems in developing countries
• Aid: Trends and critiques
• Emerging sources of development finance
• Private sector flows in development finance
• Financing SMEs in developing countries
• Overview - what do we know about development finance?

Brief description of teaching and learning methods:
The sessions will usually be split into two sections, the first comprising a lecture and the second section comprising a discussion/presentation which is informed by both the lecture and the relevant set reading.

Contact hours:
  Autumn Spring Summer
Lectures 20
Guided independent study 80
Total hours by term 100.00
Total hours for module 100.00

Summative Assessment Methods:
Method Percentage
Written assignment including essay 70
Oral assessment and presentation 30

Other information on summative assessment:
1 Class presentation and poster preparation
1 extended essay of up to 2,500 words
Relative percentage of coursework: 100%

Formative assessment methods:

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:

Length of examination:

Requirements for a pass:
50% overall.

Reassessment arrangements:
Submission of a new assignment.

Additional Costs (specified where applicable):
1) Required text books:
2) Specialist equipment or materials:
3) Specialist clothing, footwear or headgear:
4) Printing and binding:
5) Computers and devices with a particular specification:
6) Travel, accommodation and subsistence:

Last updated: 31 March 2017

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