Research on the economics of development has been a long-standing strength of the department. Characterised by an emphasis on the testing of analytical models on primary empirical data, research on this theme engages with the full spectrum of development economics.
The main areas of research include land and labour markets; the microeconomics of firm- and household-level behaviour and productivity; agriculture, urbanisation, structural transformation and growth; technology and innovation; and trade, macroeconomic policy, public investment and debt.
The research groups working on this theme are the International Growth Centre (IGC), jointly with the Department of Economics and the London School of Economics; and the Technology and Management Centre for Development (TMCD). Our researchers are key members of the Centre for the Study of African Economies, which straddles ODID, the Department of Economics and the Blavatnik School of Government.
The urgent need for new development models in the agrarian South: five key take-outs from the ODS Lecture 2023
In the Oxford Development Studies Annual Lecture 2023, Professor Lyn Ossome argued that the patterns of industrial capitalism that shape agriculture in the global South result in deep inequalities, which development models must urgently address if societies are to support everyone.
Investing in human capital for post-COVID economic recovery
New modelling explores the medium-term macroeconomic impact of the COVID pandemic in low-income countries and shows the need for significant and sustained concessional external financing to reverse loss-of-learning effects on labour productivity.
How special interest groups capture trade policy in Pakistan
New empirical research examining what drives trade protection in Pakistan finds that sectors with exposure to politically powerful businesses have disproportionately benefitted over the last 20 years, through a complex mix of tariff and non-tariff measures.