Specialization in Development Economics and Financial Economics

[alecvolkman]

All:

I am a PhD student contemplating development economics and financial economics as my two required field courses! Is this combination palatable? My primary interest is development economics; and that is where my dissertation would come from as well.

I ask this question because I haven't come across any material where these two fields intersect.

Thanks!

[Humanomics]

One of Dambisa Moyo's main points in Dead Aid is how important foreign direct investment is for growth in developing countries. In my opinion these relationships are as important for the transfer of technologies and know-how as they are for solving domestic capital frictions. I think those fields are absolutely compatible. But even sans my very hazy impression of the two fields, I think it's important one takes fields that interest her -- ideas should emerge from topics that engage regardless. I would trust your gut and take them.