The department is a lively community that is recognised internationally as one of the top centres for research and teaching in development studies.

Our courses offer excellent training for a career in international development or for advanced study, and attract students of the highest calibre from across the world.
“I had waited for 10 years before my dream to study in Oxford became a reality and the experience was truly beyond expectation”
Our students are taught to develop as critical and independent thinkers and when they leave us they are equipped with the knowledge and skills they need to bring about real change.
“My time at Oxford strengthened my critical analysis and provided me with a unique interdisciplinary grounding in history, politics and economics that has equipped me well in dealing with public policy issues and program development strategy.”
Our courses offer excellent training for a career in international development or for advanced study, and attract students of the highest calibre from across the world.
“I had waited for 10 years before my dream to study in Oxford became a reality and the experience was truly beyond expectation”
Our courses offer excellent training for a career in international development or for advanced study, and attract students of the highest calibre from across the world.
“I had waited for 10 years before my dream to study in Oxford became a reality and the experience was truly beyond expectation”
Our students are taught to develop as critical and independent thinkers and when they leave us they are equipped with the knowledge and skills they need to bring about real change.
“My time at Oxford strengthened my critical analysis and provided me with a unique interdisciplinary grounding in history, politics and economics that has equipped me well in dealing with public policy issues and program development strategy.”
Our students are taught to develop as critical and independent thinkers and when they leave us they are equipped with the knowledge and skills they need to bring about real change.
“My time at Oxford strengthened my critical analysis and provided me with a unique interdisciplinary grounding in history, politics and economics that has equipped me well in dealing with public policy issues and program development strategy.”
When a natural disaster destroys public capital, these direct losses are exacerbated by indirect losses arising from reduced output while reconstruction takes place. These indirect losses may be much larger, relative to the direct ones, in low-income countries, because they lack the finance for rapid reconstruction.
This paper uses a dynamic general equilibrium model to examine sovereign disaster risk insurance, increased taxation, and budget reallocation as alternative financing mechanisms for countries where increased borrowing is impractical. The analysis suggests that insurance may or may not be helpful, depending on detailed circumstances, and that budget reallocation is potentially very damaging. Raised taxation, if feasible, may be an attractive option.