ECON 455 Institutions and Development
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A synopsis of earlier development theories. Analysis of the linkages between economic development and macroeconomic institutions in the framework of ``New Institutional Economics''. Empirical analysis of institutional designs that are related to fiscal and monetary policy making are introduced. Specifically, economic effects of fiscal decentralization; budgetary rules and procedures; central bank independence and inflation targeting are examined.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
(ECON 202 or ECON 206) and ECON 222.
Autumn Semester (Bilin Neyaptı)
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