Economics of Development and Emerging Markets
We are group of 10 economists and 20 -25 PhD researchers. Our point of departure is the observation that three quarters of the global poor are not in developing countries but in emerging markets. This challenges the traditional concepts of development, including targets of poverty reduction and other Millennium Development Goals. Open to other disciplines and embedded in a leading European development studies institute, we provide an economic perspective on development processes and structural change all around the globe.
The major research concerns of this programme are the social, political and economic conditions required to make the transition to a higher level of economic and human development and, in turn, the effect of this transition on the global poor. This theme is studied by integrating insights from microeconomic and macroeconomic research focused on high quality publications, a variety of theoretical perspectives and empirically tested with state-of-the art econometric techniques.
The most recent external research assessment points out that our key researchers appear to be strong across all research and that we have a high ranking (4.5 on a scale of 1 to 5):
'....for relevance, especially due to its applied policy-related research. Their approach helps to establish evidence-based policy formulation and implementation.(..) A positive aspect of its work is that within the field of development economics members have established themselves in a niche of their own.'