Institute for Economic Development

The Institute for Economic Development (IED) is an umbrella organization within Boston University’s Department of Economics focusing on the economic problems of developing countries. To this end, the institute provides facilities and a supportive intellectual environment for students, faculty, and visiting scholars pursuing research in the problems of economic development, and in related areas of economic growth, international economics, and financial institutions. It consolidates previous BU economic development research centers that focused on specific regions.

Institute activities include a weekly seminar series, organization of workshops and conferences, production and dissemination of discussion papers, a variety of special programs focused on specific areas, and administration of research grants. The institute hosts the Distinguished Visitors Program, which brings experts in various fields of economics to lecture, give seminars, and meet with students and faculty. It also hosts visitors on both a short- and long-term basis. A annual prize for the best essay in development economics among graduate students is awarded in memory of Paul Rosenstein-Rodan, founder of the Center for Latin American Development Studies, from which the IED derives its origin. Research grants are offered to graduate students for various purposes, in addition to services such as dissertation editing and peer advising. The institute offers career planning services for graduate students, by inviting alumni and potential employer organizations to participate in panel discussions to assist students on the job market. Students are offered Resume, Writing, and Interviewing Workshops. The IED maintains four computer labs catering exclusively to graduate students’ need for sophisticated programs. It also supports social activities organized by the Graduate Economics Association.

Active areas of research and discussion at the IED span a broad range of issues that include trade, international finance, labor migration and labor markets, human capital, poverty and discrimination, economics of the family, social norms and cultural values, agrarian contracts, land reform, wage and income inequality, social security, health, public finance, reforms in governance and public enterprises, privatization, decentralization, deforestation, and comparative business strategy. The research methodologies employed represent a combination of theoretical, empirical, historical, and policy analyses, that uniformly aim for high standards of rigor.


Professor Dilip Mookherjee
Program Director

Eleanor Langdon
IED Administrative Manager

Institute for Economic Development
Boston University
264 Bay State Road
Boston, MA 02215