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Unlocking the Developing World

Stefan Dercon

Oxford Economist and Director of the Centre for the Study of African Economies Stefan Dercon puts forward his new formula that allows the poorest countries to take these first steps towards economic prosperity and better lives for their populations: the d

Start Date: 11th July 2023

About the Course

In the last 30 years, the developing world has undergone significant changes. We’ve seen roaring successes, and devastating failures. We often talk of equality and economic prosperity for all, and especially those in developing nations, but few actually have a plan to achieve this. Oxford Economist and Director of the Centre for the Study of African Economies Stefan Dercon puts forward his new formula that allows the poorest countries to take these first steps towards economic prosperity and better lives for their populations: the development bargain.

Part 1: Dissecting Development

Why have some countries been so prosperous while others languish? What role has the West – or aid – played? Who has it got wrong and where has it been successful?

Part 2: The Path to Prosperity

Why will promoting the development bargain succeed, where others have failed? How to foster this ‘growth based culture’ model that brings politics and economics pragmatically together? And how can outsiders such as the UK help and not hinder?

About the Instructor

  • Stefan Dercon

    Stefan Dercon is Professor of Economic Policy at the Blavatnik School of Government and the Economics Department, and a Fellow of Jesus College. His latest book, 'Dull Disasters? How Planning Ahead Will Make A Difference' was published in 2016, and provides a blueprint for renewed application of science, improved decision making, better preparedness, and pre-arranged finance in the face of natural disasters.

Course Syllabus

  • Part One: Dissecting Development
    Why have some countries been so prosperous while others languish? What role has the West – or aid – played? Who has it got wrong and where has it been successful?
  • Part Two: The Path to Prosperity
    Why will promoting the development bargain succeed, where others have failed? How do we foster this ‘growth based culture’ model that brings politics and economics pragmatically together? And how can outsiders such as the UK help and not hinder?