This course examines the challenges faced by for profit firms and non-profits operating in the developing world. The first part of the course focuses on conducting business in environments with weak or deficient institutions, including corruption, political risk, and poor investor protection. The second part of the course explores the role of the private sector in development, including both the contributions to and the costs imposed by multi-nationals, non-profits, and NGOs in developing countries. Relevant topics include analysis of low wages, labor rights, environmental protection, natural resource depletion, trade of environmental goods (e.g. waste and pollution), and microfinance’s role in filling gaps created by credit market failures.
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