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.”
Recent studies report that equity market liberalisation positively correlates with total return, which in turn purportedly increases private investment growth. While the finding on reform and performance is generally robust to alternative perspectives on capital account liberalisation that emphasise over-heating and volatility, this crucial first link in the causal chain is not wholly robust empirically. For example, previous findings are very sensitive to alternative definitions of precise liberalisation event dates. Also, spatial variance seems to drive significant results in panel regressions, which is problematic for interpreting the particular path from equity prices to private investment. Finally, existing studies do not satisfactorily control for other determinants of returns, and extreme bound analysis (EBA) suggests that liberalisation is spurious.