The Department’s work on Development Economics includes Carlota Perez, Sandra Sequeira, Robert Wade, Danny Quah, and Diana Weinhold.
Development Economics includes the analysis of economic growth, as well as the use of economic theory and econometrics as methods to undertake analysis.
The research of Sandra Sequeira and Diana Weinhold uses statistical models and econometric analysis. This research includes economic growth, transportation and the reduction of corruption in Mozambique and South Africa, as well as the economic analysis of forest protection and agricultural expansion in Brazil and Bolivia.
The economic analysis of Carlota Perez and Robert Wade uses more qualitative methodology to consider the political economy of global financial crises and reform of the World Bank, and a neo-Schumpeterian analysis of technological revolutions in history.
Danny Quah's research is on large-scale shifts in the global economy, i.e., those changes large enough to move the world's economic centre of gravity and thus alter the world's appropriate governance and economic policy-making. He studies the development process in middle-income economies, where escape from poverty and under-development remain fragile and potentially unsustainable.
The idea of economic governance runs through all this work, including the political management of economic activity from the sectoral level and subnational levels to regional and supranational scales.