Growth and economic development theories at the TSD

Growth and economic development theories at the TSD

The Turin School of Development, part of the ILO’s International Training Centre, runs all the post-graduate training activities organized by the ITCILO, in conjunction with the University and Polytechnic of Turin.

 

Since 1991, when the first course was organized, more than 2,750 students from all parts of the world have gained a post-graduate diploma or university master’s degree here in Turin. With the involvement of many UN agencies and leading universities from around the world, the School has gradually increased the number of Masters Programmes offered, in subjects such as international trade, development management, intellectual property, cultural projects and world heritage, public procurement, labour economics, industrial and employment relations, health and safety at work, and social innovation for sustainable development.

Growth and economic development theories at the TSD

Over the last three days, as part of their face-to-face learning phase, participants in the Master in Management of Development have been exploring growth theories and the main issues affecting economic development through the lectures of Prof Rohit Azad, of Jawaharlal Nehru University (JNU), New Delhi.

Prof Rohit started his lectures by asking the students some challenging and puzzling questions, such as: “Why do some countries grow faster than others? Is economic growth driven by supply or demand? What is the role of governments in economic development and growth? Are growth and development the same thing?”

Prof Rohit focused on the ingredients of growth, but also tackled economic policies, such as the nationalization of natural resources, migration and labour policies, and the provision of a universal basic income. Students engaged in interesting discussions and compared the economies of their countries in the light of Prof Rohit's inputs and suggestions.

The teaching provided by the TSD in these different thematic areas promotes new generational expertise at the global level, embedding the 2030 UN Agenda for Sustainable Development guidelines, in particular goal 8, which promotes sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.