Course overview
This course examines issues related to the effectiveness of foreign aid on poverty reduction and the role of 'aid for trade' in achieving sustainable development. It begins by examining the underlying causes for, and solutions to, extreme poverty. We then move on to the debate over the motivations for aid - comparing and contrasting poverty reduction objectives with the role of economic and commercial objectives, political diplomacy and strategic objectives. Students have the opportunity to evaluate the success of aid in promoting economic growth and poverty reduction in developing countries in recent decades using a range of monitoring and evaluation tools. This includes discussion of the factors that shape aid effectiveness, including contextual political economy issues, social factors including gender and disability issues and factors related to the ways in which donors deliver and administer aid. This knowledge forms the basis for deeper analysis of the role and effectiveness of 'aid for trade'. As a relatively recent phenomenon, we analyse the contribution it can make to the development of trade agreements and achievement of sustainable trade related development goals. We also evaluate the role of the private sector in the design and delivery of effective 'aid for trade' programs. Practical case-studies, simulated trade negotiations, guest speakers from the aid and trade sector and interactive small group activities feature throughout. The course is delivered through a blended learning approach with teaching materials and online learning. Students are expected to complete online learning activities prior to the face-to-face sessions.
Course learning outcomes
- Analyse key determinants of global poverty and the role of aid in addressing the challenges of poverty reduction
- Research and evaluate the variety of objectives, motivations, forms and modes of delivery of aid including mechanisms for determining aid effectiveness
- Evaluate the effectiveness of aid in advancing economic development in developing countries amidst the complexity of trade and investment flows, debt relief and governance issues.
- Analyse of the role of Aid for Trade, how it can underpin trade agreements and its capacity to contribute to sustainable development including the role of the private sector in its design and delivery
- Research, critically analyse and develop recommendations on the future of aid and ‘aid for trade’ in reducing global poverty