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To provide guidance on effective policies to mobilize business and investment for sustainable growth and employment in emerging markets. The course is based on OECD and other international organizations' good practices. Drawing on the OECD Policy Framework for Investment and other OECD instruments and material, the course will introduce students to key microeconomic policies and practical approach to policy reform such as investment policy, investment promotion, sector competitiveness strategy, special economic zones, agriculture policy, financial sector development policies, Innovation and Small and Medium Enterprise policy. The course will also address tools for policy measurement and evaluation. It will draw extensively on specific case studies based on the OECD and other international organizations' experience in advising policymakers and making policy reform happen. The overarching questions addressed in this course include: What are the key economic and institutional components to an attractive business climate? What are the appropriate questions policymakers should ask in order to evaluate and design effective policies to enhance competitiveness? How can policymakers best evaluate current policy and define priorities for policy reform? What can policymakers do to make sure that difficult reforms are implemented?
Course meets 1/12 - 1/16, 9:00-5:00, except for 1/12 when class starts at 2:00.