Theme: Macroeconomics of Development
- Speaker : Prof. Léonce Ndikumana
- Home university: University of Massachusetts Amherst, USA
- Period: 5 – 11 July 2023 /13h – 15H45mn
LECTURES/MODULES
1. Overview of the main approaches to macroeconomic analysis and implications for development: 5-6 July
- Brief overview of the evolution of macroeconomic theories
- Trade-offs between macroeconomic objectives; the case of inflation and unemployment trade-off *
- Capital market imperfections and implications for macroeconomics and monetary policy
2. The drivers of long-term economic growth: 6, 7, 10 July
- Savings, investment and growth
- Convergence, divergence
- Technological progress, innovation and growth
- Institutions and growth
- The political economy of growth
3. Inflation and macroeconomic stability: 10, 11 July
- Inflation and budget deficit financing
- Operational framework for inflation control
- Inflation targeting: Lessons from recent experiences in Africa and elsewhere