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: 2023/4

Module Convenor: Prof Chittur Srinivasan
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:
  
  
  
  • Official development assistance and debt relief
  
  
  • Private development financing, including foreign direct investment
  
  
  • New sources 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.

Contact hours:

Ìý	Autumn	Spring	Summer
Lectures	20
Guided independent study:	80
Ìý	Ìý	Ìý	Ìý
Total hours by term	100	0	0
Ìý	Ìý	Ìý	Ìý
Total hours for module	100

Summative Assessment Methods:

Method	Percentage
Written assignment including essay	70
Oral assessment and presentation	30

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:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy 'Penalties for late submission for Postgraduate Flexible programmes', which can be found here: /cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmissionpgflexible.pdf
The Support Centres will apply the following penalties for work submitted late:

• where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
• where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

The University policy statement on penalties for late submission can be found at: /cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmission.pdf
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:
50% overall.

Reassessment arrangements:
Submission of a new assignment.

Additional Costs (specified where applicable):

1) Required text books:Ìý

2) Specialist equipment or materials:Ìý

3) Specialist clothing, footwear or headgear:Ìý

4) Printing and binding:Ìý

5) Computers and devices with a particular specification:Ìý

6) Travel, accommodation and subsistence:Ìý

Last updated: 30 March 2023