Finance for Development (L1082)
15 credits, Level 5
This module discusses and analyses the major challenges and current initiatives in the creation of finance industries appropriate to and effective in developing countries. The module focuses on the private financial sector and issues relating to access to finance. After a general overview, the module begins by examining the forms of finance available for larger firms in developing countries, mainly the banking sector and the stock market. Subsequently, it covers the evidence on the effects of financial development on economic growth and the role of institutional factors, such as corporate governance, in financial development. It then moves on to examine the access to finance for smaller firms and households and the implications of a lack of access. Finally, the module touches upon private international sources of finance, namely private capital flows, FDI and remittances to developing countries.
100%: Examination (Unseen examination)
Contact hours and workload
We’re currently reviewing contact hours for modules and will update with further information as soon as it is available.
This module is running in the academic year 2019/20. We also plan to offer it in future academic years. It may become unavailable due to staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of such changes to modules at the earliest opportunity.
This module is offered on the following courses: