Originally, the primary objective of development economics was economic growth. Nowadays, development describes a process by means of which a country improves the economic, political and social prosperity of its population.
As various disciplines are important in this respect, research on development economics cannot only deal with economic aspects. In fact, it is necessary to always evaluate a country’s situation within in the actual overall context.
Our research activities center on determinants of and impediments to growth and development processes. The focus is on issues of institutional requirements, international trade and investment relations as well as sustainable development.
A major objective of the professorship is to analyze country-specific problems and opportunities by applying suitable instruments and methods. Based on the findings, we aim at solving these problems.
Our teaching activities focus on economic growth and sustainable development issues in a globalized economy. We are looking for factors contributing to the fact that some countries grow much faster than others by applying various methods of analysis. Based on these findings, we strive for providing recommendations for improving the living conditions in developing countries.
Our aim is to provide students with an interdisciplinary insight into the various topics of development economics. Moreover, students shall learn how to discover and evaluate the determinants relevant to a country.
Forms of learning
In general, teaching is provided in form of seminars and based on empirical literature to be prepared by the students on their own. We promote and demand active student participation.
This project focuses on the determinants and effects of trade-restricting measures, in particular on non-tariff trade barriers, such as antidumping, but also on socio-political and environmental provisions. Among others, it is our aim to explore whether such restrictions have a lasting effect or are vital to ensuring fair trade.
The focus of this project is on optimum fiscal policy. We also explore how African governments may implement and impose this optimum fiscal policy by analyzing international trade and investment relations as well as country-specific determinants.
Institutions came to the fore of research as important determinants of growth and development approximately 20 years ago. Since then, researchers try to distinguish between institutions of more and of less relevance. The regulation of the private sector and of companies plays an important part in this respect as the private sector may provide sustained growth momentum. Our study aims at exploring the reasons for the fact that in some countries the private sector regulation promotes more growth than in others and whether a business-friendly regulation really has long-term positive effects on development.