IDM009-Development Finance

Module Provider: School of Agriculture, Policy and Development
Number of credits: 10 [5 ECTS credits]
Level:7
Terms in which taught: Autumn term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2020/1

Email: C.S.Srinivasan@reading.ac.uk

Type of module:

Summary module description:

You will gain a thorough understanding of the role of the domestic and international financial system in the economic development process. You will learn how financial sector development contributes to economic development and the important traditional and innovative new sources of development finance for developing countries. You will rigorously examine the advantages and disadvantages of major sources of development finance such as foreign aid and private sector flows and understand the key trends, drivers and debates in the area of development finance.

Aims:
- 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:
oOfficial development assistance and debt relief
oPrivate development financing, including foreign direct investment
oNew sou rces 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.

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:
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: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Assessment 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: 24 July 2020