IP3, Training: t_workshops_1028 updated 1_11

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Principles of Development Economics: New Strategies for Growth and Poverty Alleviation

Locations	Dates	Tuition	Catalog #	CEU's	Language
Washington, D.C.	September 13 – 24, 2010	US $4,750	1028-WA	6.0	English
*All Course Participants Receive a Laptop Computer!*

Benefits | Who Should Attend | Course Learning Objectives | Course Content |

How You Will Benefit:

Learn why the global financial crisis has forced a “rethinking” in development economics
Become familiar with the fundamentals of development economics theory and practice
Learn new development strategies from leading development economists and policy-makers that you can apply in your professional role
Meet public and private experts responsible for managing the response to the global financial crisis
Acquire the foundation to plan economic development strategies and programs
Develop your own Action Plan to implement a economic growth plan for your own agency
Network and build professional relationships with your fellow participants and leading economic and financial decision-makers and professionals

Technology and Training at IP3

At IP3, we believe there is a tremendous opportunity to integrate information and communication technology into education and training. In all of our Washington, D.C.-based courses, each participant is provided a new mobile Intel® CoreDuo® or AMD Turion® laptop computer (as part of the course fees) that will be integrated into the learning process through the following:

Course materials provided via dedicated intranet site
Internet research and communication tools via broadband wireless (Wi-Fi) access in the classroom
Case study and simulation activities
All Action Plans will be completed and submitted electronically

After the course is concluded, access to course materials and discussion boards will be available for up to two weeks to facilitate worldwide networking and follow up with participants.

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Who Should Attend

Ministry officials responsible for economic planning and development

Economic and finance professionals responsible for macroeconomic, microeconomic, fiscal, and banking policy

Staff and management from regulatory agencies responsible for competition, industrial policy, and investment promotion

Management from development finance institutions and agencies

Executives and policy makers from private and public enterprises

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Course Learning Objectives

2009 will likely go down as the worst year for the global economy since World War II with most economies facing major declines in economic growth. Even emerging market countries that had policies that they believed were prudent, have suffered as the global financial crisis spared very few. This crisis, which affected high and low income countries alike has forced economists and policy-makers to rethink economic models that once were viewed as standard. It has also demonstrated yet again that “those that do not pay attention to history are doomed to repeat it”, underscoring the need to firmly grasp the fundamentals of development economics, both theory and practice. The financial crisis emerged as a result of a combination of both policy and market failures, the creation of a culture of excess debt, insufficient economic regulation, and poor risk management on the part of the public and private sectors. Understanding and re-examining the theory and practice of development economics is more essential than ever to develop modern strategies to promote growth, alleviate poverty, encourage savings and investment, and create jobs all within a policy framework that avoids the risks of boom and bust cycles that have characterized recent times.

IP3’s course on Principles of “Development Economics: New Strategies for Growth and Poverty Alleviation” is designed to assist development professionals fully understand the history, variety, and practice of a range of development economic theories and experiences. By using case studies and visiting with leading economic practitioners from developed and emerging markets, as well as executives from major corporations, participants in this program will learn how to design and implement new economic models, policies, and strategies for their own countries and be part of the new global financial and economic architecture that promotes growth, stability, economic opportunity, and good governance.

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Course Content

Module I:

Development Economics: History and Traditional Strategies

Understanding the origins of underdevelopment

Analyzing the “stages” of growth and development

Shifting from “import substitution to export-led growth”

Theories of Growth: Schumpeter to Present

Neo-Liberalism and Conservatism: The Austrian and Chicago Schools of thought

Module II:

Investment, Tax, and Employment Policies and Trade-Offs

Strategies to promote investment and capital formation

Reforming fiscal planning and decentralization Streamlining business processing and improving the business climate

Rural development, agriculture and employment

Understanding fiscal and monetary tools to promote investment and create employment

Module III:

Balancing the Public and Private Sector to Achieve Competitiveness

Models and strategies of capitalism and free markets
Understanding the limits of the market
Reforming public sector enterprises
Tactics to encourage efficiency and innovation

Module IV:

Re-regulation or De-Regulation: Post Crisis and Beyond

Financial system integrity
Financial market development and regulation
Models for effective regulation and anti-monopoly practices
Financial and market liberalization: What are the benefits and risks to the economy

Module V:

Building a Knowledge-Based Economy

Creating a vision for a knowledge economy
Strategies to encourage sustainable development and create entrepreneurs
Understanding the vital role of investments in education and youth
Defining competitive advantages in economies and innovating strategies to capitalize on them
Linking information and communications technology (ICT) into all aspects of the knowledge-based economy

Module VI:

Site Visits

Participants in this workshop will visit several leading organizations to meet with development economic thought leaders and practitioners including regulatory officials, and economists, from cutting edge enterprises

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CEU Certification Eligibility

Certified PPP Specialist™

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