Development Resources at Columbia

Principal Investigator

Joseph E. Stiglitz, University Professor, Chaired Professor of Finance and Business, Department of Economics, SIPA, and Business.  Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his PHD from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, and MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now Professor of Economics and Finance at Columbia University in New York. In 2001, he was awarded the Nobel Prize in economics.  He was a member of the Council of Economic Advisors from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000.  Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but also of policy analysts. He founded one of the leading economics journals, The Journal of Economic Perspectives. His book Globalization and Its Discontents (Norton June 2001) has been translated into 20 languages and is an international bestseller.

University Professors

Jagdish Bhagwati, University Professor, Department of Economics, was born in 1934 and raised in India.  He attended Cambridge University where he graduated in 1956 with a first in Economics Tripos.  He then studied at MIT and Oxford, returning to India in 1961 as Professor of Economics at the Indian Statistical Institute, and then as Professor of International Trade at the Delhi School of Economics.  He returned to MIT in 1968, leaving it twelve years later as the Ford International Professor of Economics to join Columbia.  Until 2001, he used to be Arthur Lehman Professor of Economics and Professor of Political Science at Columbia.  Professor Bhagwati has also served as Economic Policy Advisor to Director-General, GATT (1991-1993) and as Special Adviser to the UN on Globalization (2001). Currently, he is an External Adviser to the WTO. Professor Bhagwati has published more than two hundred articles and forty volumes. Regarded as one of the foremost international trade theorists of his generation, he has also made contributions to development theory and policy, public finance, immigration, and to the new theory of political economy.  Three festschrift volumes of essays in his honor have been published in the USA, the UK, and the Netherlands. 

Robert Mundell, University Professor, Department of Economics since 1974. After studying at MIT and the London School of Economics, Mundell received his PhD from MIT in 1956, and was a Post-Doctoral Fellow in Political Economy at the University of Chicago in 1956-57. Mundell taught at Stanford University and The Johns Hopkins Bologna Center of Advanced International Studies before joining the staff of the International Monetary Fund in 1961. Mundell is the author of over a hundred articles in scientific journals and numerous books.  He has also been an adviser to a number of international organizations including he United Nations, the IMF, the World Bank, the European Commission, several governments in Latin America and Europe, the Federal Reserve Board, the US Treasury and the Government of Canada. He received a Guggenheim Prize in 1971, the Jacques Rueff Medal and Prize in 1983, the Docteur Honoris Causa from the University of Paris in 1992, the Distinguished Fellow Award from the American Economic Association in 1997, and was made fellow of the American Academy of Arts and Sciences in October 1998. Mundell was awarded the Nobel Prize in 1999 for his work leading to the adoption of the Euro and for his contributions to the ideas behind "supply-side" tax cuts, which were adopted during the Reagan administration.  

Directors of Institutes

Earth Institute

Jeffrey D. Sachs is the Director of The Earth Institute, Quetelet Professor of Sustainable Development, and Professor of Health Policy and Management at Columbia University, and a Research Associate of the National Bureau of Economic Research. He is also Special Advisor to United Nations Secretary General Kofi Annan on a group of poverty alleviation initiatives called the Millennium Development Goals. Prior to joining Columbia, Sachs spent over twenty years at Harvard University, most recently as Director of the Center for International Development. Sachs became internationally known in the 1980’s for his work advising governments in Latin America, Eastern Europe, the former Soviet Union, Asia and Africa on economic reforms. He is author or co-author of more than two hundred scholarly articles, and has written or edited many books. A native of Detroit, Michigan, Sachs received his B.A., M.A., and Ph.D. degrees at Harvard University.

Initiative for Policy Dialogue

Shari Spiegel joined the Initiative for Policy Dialogue (IPD) in March of 2002.  The initiative was founded by Joseph Stiglitz to explore economic policy alternatives for developing economies. Spiegel is responsible for the overall development and management of IPD.  She is involved in substantive issues on all IPD task forces and country forums and is the co-Director of IPD’s task force and research program on Sovereign Debt Management.  She is an adjunct associate professor in Columbia University’s School of International & Public Affairs. From 1995 to 2002, Spiegel was a Director of Lazard LLC, and the senior fixed income portfolio manager at Lazard Asset Management in charge of emerging market debt and foreign exchange. She developed a unique strategy for a diversified local currency fund, launched in conjunction with the IFC.  In addition, she was a member of the asset allocation committee for all fixed income products.  Prior to joining Lazard in 1995, Spiegel worked in Hungary, where she was one of the founders and the CEO of Budapest Investment Management Company, a subsidiary of Budapest Bank, which launched the first domestic investment fund in Hungary. She was initially invited to Budapest in 1991 to work as a foreign advisor at the National Bank of Hungary.  While at the Central Bank, she worked on domestic capital market development, international debt structures, and currency valuation models.  Before moving to Hungary, Ms. Spiegel worked at Citibank and Drexel Burnham Lambert in fixed income research, cross-currency interest-rate-swap trading, and credit research. Spiegel has an MA in economics from Princeton University and a BA in applied mathematics and economics from Northwestern University.

Institute of African Studies

Mahmood Mamdani, Herbert Lehman Professor of Government and Director, Institute of African Studies.  Mamdani’s research and teaching interests are political identity, colonialism, and state formation and state reform.  Selected publications are: Citizen and Subject; And Fire Does not Always Beget Ash: Critical Reflections on the NRM; Imperialism and Fascism in Uganda; "Politics and Class Formation in Uganda"; "Myth of Population Control", Monthly Review Press.  B.A., University of Pittsburgh, 1967; M.A., M.A.L.D., Fletcher School of Law and Diplomacy, 1969; Ph.D., Harvard University, 1974

Institute of Latin American Studies

Albert Fishlow is Professor of International and Public Affairs, Director, Institute of Latin American Studies, and Director, Center for Brazilian Studies   Fishlow’s research interests include: economic history; Brazilian economy, trade and finance; Brazilian and Latin American development strategy; and economic relations between industrialized and developing countries. Some selected publications are: “Latin America in the XXI Century,” Economic and Social Development into the XXI Century (ed. L. Emmerij), Inter-American Development Bank;  “Contending with Capital Flows: What Is Different about the 1990s?” (with B. Eichengreen); Capital Flows and Financial Crises (ed. M. Kahler);  The United States and the Americas: A 21st Century View (coed. with J. Jones); and Growing Apart: The Causes and Consequences of Global Wage Inequality, Council on Foreign Relations (coed. with K. Parker). BA, University of Pennsylvania, 1956; PhD, Harvard University, 1963.

Center for Economy, Environment, and Society (CEES)

Geoffrey Heal is Paul Garrett Professor of Public Policy and Business Responsibility

Finance & Economics and Director of the Center for Economy, Environment, and Society (CEES).  Professor Heal's current research interests include modeling the impact of markets for derivative securities on the allocation of risks in the economy, modeling the pricing of derivatives in a general equilibrium framework and studying ways of controlling the impact of economic activity on the environment and ways of valuing the economic services provided by environmental assets. Many of his research papers can be accessed below, or from the SSRN’s web site. Heal teaches Managerial Economics. Heal is also a director of the Union of Concerned Scientists, a group founded by eminent scientists to promote sound scientific thinking about the environmental problems facing society. He served as a Commissioner of the Pew Oceans Commission, established by the Pew Charitable Trusts to review the management of U.S. fisheries and coastal zones (the report of the Commission is accessible below), is a Director of the Beijer Institute of the Royal Swedish Academy of Sciences and an International Research Fellow of the Kiel Institute of World Economics. In addition, he is Chair of the National Research Council's Committee on the Valuation of Ecosystem Services.  BA, Cambridge University, 1966; MA, 1968; PhD, 1968.

Faculty - Graduate School of Arts and Sciences

Department of Economics

Richard H. Clarida, Professor of Economics and International Affairs.  Clarida’s research interests focus on international monetary theory and policy .  He is the author of:  “The Dollar and Real Interest Rates” (with John Y. Campbell), Carnegie-Rochester Conference Series on Public Policy;  “Cointegration, Aggregate Consumption, and the Demand for Imports: A Structural Econometric Investigation,” The American Economic Review; “Entry, Dumping, and Shakeout,” The American Economic Review; “Government, Trade, and Comparative Advantage” (with Ronald Findlay), American Economic Review Papers and Proceedings; “Monetary Policy Rules in Practice: International Evidence,” Economic Review.  Clarida has been a consultant to Crédit Suisse, First Boston since 1998.   B.S., University of Illinois, 1979, M.A., Ph.D., Harvard University, 1983

Shubham Chaudhuri, Assistant Professor of Economics and International Affairs.

Publications include: "Risk and Insurance in Village India: Comment," Econometrica; "How Well Do Static Welfare Indicators Identify the Chronically Poor?" Journal of Public Economics; and "Does the Maharashtra Employment Guarantee Scheme Guarantee Employment?" Economic Development and Cultural Change

A.B., Harvard University, 1988, Ph.D., Princeton University, 1996

Alexander S. Pfaff, Associate Professor of Economics & International Affairs,

School of International & Public Affairs, Department of Economics, Center for Environmental Research and Conservation (CERC), International Research Institute for Climate Prediction (IRI). Pfaff’s research interests include: environmental & natural resource economics; environment-and-development policy; and applied microeconomics & policy.  Among his recent publications are: Broad, K., A.S.P. Pfaff and M.H. Glantz (2002). “Effective & Equitable Dissemination of Seasonal-to-Interannual Climate Forecasts: policy implications from the Peruvian fishery during El Nino 1997-98”. Climatic Change 54(4):415-438.

Cristian Pop-Eleches, Assistant Professor, International and Public Affairs and Economics,  Thesis Title: “Essays in Applied Development Economics”  Research includes: “The Impact of an Abortion Ban on Socio-Economic Outcomes of Children: Evidence from Romania” BA, Economics, Harvard University, 1998, Harvard University, 2003.

Graduate School of Architecture, Planning, and Preservation

Elliott Sclar is Professor of Urban Planning and Public Affairs at Columbia University. He holds senior appointments in the Graduate School of Architecture, Planning, and Preservation and the School of International and Public Affairs.  Professor Sclar is the Co-Coordinator of Taskforce 8 of the United Nations Millennium Development Goal (MDG) project. It is one of 10 taskforces created as part of an external special advisory body to UN Secretary General Kofi Annan. Taskforce 8 is directly responsible for the range of environmental, economic and social problems associated with the accelerating pace of global urbanization. A central belief of the taskforce is that the key to improving cities must start with a focus on the poorest residents and ending what the taskforce calls “the divided city,” a place where the rich and poor live close by yet worlds apart.  Professor Sclar is a nationally recognized expert on local economic development planning. He has written several important papers on local economic development and the strategic role of older central cities in strategies for combating sprawl and revitalizing metropolitan regions. He contributed one of the lead papers on the economic importance of central cities to metropolitan and national prosperity to Interwoven Destinies: Cities and the Nation, (1993) edited by former U.S. Housing and Urban Development Secretary Henry Cisneros. More recently his paper "One More Chance: Cities and the 21st Century Economy," was published in Restoring Broadly Shared Prosperity, edited by former Labor Secretary Ray Marshall.

Graduate School of Business

Arthur A. Small III, Assistant Professor of International and Public Affairs, and of Finance and Economics, Graduate School of Business.  His research interests include: environmental and resource economics; environmental finance; economics of innovation; biodiversity prospecting; genetic resources; intellectual property rights and market structure in the agricultural biotechnology industry; environmental risks; climate change. Selected publications are: “Valuing Research Leads: Bioprospecting and the Conservation of Genetic Resources” (with G. Rausser); review of T. M. Swanson, ed., The Economics and Ecology of Biodiversity Decline: The Forces Driving Global Change.   AB, Columbia University, 1987; MS, Cornell University, 1990; MS, University of California, Berkeley, 1994; PhD, 1998.

Bruce Greenwald is Professor of Finance and Economics at Columbia Business School. He researches market mechanisms, corporate finance, and managerial economics. Greenwald received a PhD in economics from MIT, an MPA and an MS in electrical engineering from Princeton, and a BS in electrical engineering from MIT. Greenwald served as Research Economist at Bell Laboratories for four years, and was Member of Technical Staff for Bell Communications until 1991. Major publications include "Adverse Selection in the Labor Market"; Review of Economics Studies; and the following with J. Stiglitz: "Examining Alternative Macroeconomic Theories"; Brookings Papers on Economic Activity; "Externalities in Economics with Imperfect Information and Incomplete Markets"; Quarterly Journal of Economics; "Imperfect Information, Credit Markets and Unemployment"; European Economic Review; and Expectations and Macroeconomics. "Money, Imperfect Information and Economic Fluctuations”; and Expectations and Macroeconomics.

Graduate School of Law

Michael Doyle, Harold Brown Professor of United States Foreign and Security Policy, special advisor to United Nations Secretary-General Kofi Annan, Doyle will hold faculty positions at the School of International and Public Affairs (SIPA) and Law School, where he will focus his teaching and research on international ethics, global governance and conflict resolution. Doyle, former director of the Center of International Studies at Princeton University, is a world-renowned intellectual and political scientist as well as an expert on comparative peacekeeping. On a public service leave from Princeton, he most recently served as U.N. assistant secretary-general in the executive office of Secretary-General Annan, responsible for strategic planning and U.S.-United Nations relations (April 2001-2003). At the U.N., Doyle also focused on private sector outreach through "Global Compact," an initiative to encourage respect for human rights, labor rights and environmental protection abroad. He will continue to consult for the secretary-general while at Columbia. Born in Honolulu, Hawaii, Doyle was educated in France and Switzerland and received his high school diploma from Jesuit High School, Tampa, Florida. He studied at the U.S. Air Force Academy for two years before transferring to Harvard, where he earned his A.B., M.A. and Ph.D. in political science.

Mailman School of Public Health

Joseph H. Graziano, Ph.D., is Associate Dean for Research and Professor of Environmental Public Health and Pharmacology at the Mailman School of Public Health, Columbia University.  He was founding Director of the NIEHS Center for Environmental Health in Northern Manhattan that conducts research around three basic themes:  Pulmonary Disorders/Asthma; Environmentally-induced Cancers; and Neurotoxicology and Neurodegenerative diseases.  Currently he is the Director of the Columbia University Superfund Basic Research Program, which is entitled “Health Effects and Geochemistry of Arsenic and Lead.”  He is member of the Earth Institute Academic Committee.  Graziano is an expert in the field of childhood lead poisoning, and was largely responsible for the development of Succimer as an oral antidote for the treatment of childhood lead poisoning.  For the past four years, he has directed Columbia University’s multi-disciplinary research program that addresses the health, earth and social science aspects of the problem of arsenic in drinking water in Bangladesh.

School of International and Public Affairs

Lisa Anderson, Dean, School of International and Public Affairs, and Professor of Political Science.  Anderson’s research interests include: the political economy of development; modern Middle East politics; comparative politics; and political regimes and political oppositions. Selected publications include: The State and Social Transformation in Tunisia and Libya, 1830-1980; "Lawless Government and Illegal Opposition in the Middle East”; The Origins of Arab Nationalism. Co-editor (with Rashid Khalidi): "Obligation and Accountability: Islamic Politics in North Africa"; Transitions to Democracy; and Pursuing Truth, Exercising Power: Social Science & Public Policy in the 21^st Century.   B.A., Sarah Lawrence College, 1972, M.A.L.D, Fletcher School of Law and Diplomacy, Tufts University, 1974 , Ph.D., Columbia University, 1981

Steven Cohen is the Director of the Master of Public Administration Program in Environmental Science and Policy Director of the Executive Master of Public Administration Program at Columbia University’s School of International and Public Affairs. He is also Director of the Office of Educational Programs of the Earth Institute at Columbia University. From 1998 to 2001 Cohen was Vice dean of Columbia University's School of International and Public Affairs. From 1985 to 1998 he was the Director of Columbia's Graduate Program in Public Policy and Administration. From 1987-1998 Cohen was Associate Dean for Faculty and Curriculum at SIPA.  Dr. Cohen served as a policy analyst in the U.S. Environmental Protection Agency from 1977 through 1978 and 1980-81, and as consultant to the agency from 1981 through 1991, and from 1994 to 1996. From 1990-94, Cohen served on the Board of the Pew Faculty Fellowship in International Affairs; he has also served on the Executive Committee and Committee on Accreditation and Peer Review of the National Association of Schools of Public Affairs and Administration. He currently serves on the United States Environmental Protection Agency's Advisory Council on Environmental Policy and Technology.  Cohen is the author of The Effective Public Manager (1988), and the co-author of Environmental Regulation Through Strategic Planning (1991), Total Quality Management in Government (1993), The New Effective Public Manager (1995), Tools for Innovators: Creative Strategies for Managing Public Sector Organizations (1998), and numerous articles on public management innovation, public ethics and environmental management. Franklin College of Indiana (B.A., 1974), State University of New York at Buffalo (M.A., 1977; Ph.D., 1979).

Merit Janow, Professor in the Practice of International Trade, Director, Program in International Economic Policy, Co-director, APEC Study Center. Janow is the author of: “Economic Institution Building in a Global Economy: Indonesia’s Challenges”, [Overview Chapter in forthcoming book edited with Mari Pangestu 2003] ; “Competition Policy: Does it Belong at the WTO?” in The Next Trade Round  (Forthcoming Kluwer, 2003) ; “The Benefits of Competition Policy for Developing Economies”,  (Forthcoming 2002); “U.S.-E.U. Cooperation in Competition Policy”, in Antitrust Goes Global (Brookings Institution, 2000); and others. Janow is an external member of the faculty of the M.I.L.E. Program, World Trade Institute, Bern Switzerland.  BA, University of Michigan, 1980, JD, Columbia, 1988

Ousmane Kane, Associate Professor of International and Public Affairs.  Kane’s research interests include: comparative politics; political anthropology; African political economy; Islamic politics; transnational migration and religion. Selected publications are: Muslim Modernity in Post-Colonial Nigeria; Intellectuels non-europhones; Islam et islamisme au Sud du Sahara.    Diplôme, Université de la Sorbonne Nouvelle 1985, MA 1988, PhD, Institut d’Etudes Politiques de Paris, 1993

Will Masters is Interim Director of the Earth Institute’s Center for Globalization and Sustainable Development (CGSD), and a Visiting Professor in the Department of International and Public Affairs.  He attended Deep Springs College (1979-81), then graduated from Yale University with a BA in Economics and Political Science (1984) and from Stanford University with a PhD from the Food Research Institute (1991).  He joined the faculty of Purdue University in 1991, where he is a Professor of Agricultural Economics.  Will is the author or co-author of numerous articles on agriculture and food policy.  His most recent work focuses on the determinants of technical change and economic performance.  During his dissertation fieldwork, Will lived in Zimbabwe for three years in the late 1980s.  After joining the Purdue faculty he conducted extensive fieldwork in West Africa, particularly in the Sahel region.

Richard R. Nelson, George Blumenthal Professor of International and Public Affairs,  Business and Law.  Professor Nelson’s research interests include: Long-run economic change; technological advance; evolution of economic institutions. Among other publications, he is the author of: The Sources of Industrial Leadership (forthcoming); The Sources of Economic Growth; National Innovation Systems: A Comparative Analysis; Technology, Economic Growth, and Public Policy; and The Moon and the Ghetto: An Essay on Policy Analysis.  BA, Oberlin College, 1952, Ph.D., Yale, 1956

Miguel Urquiola, Assistant Professor, School of International and Public Affairs. Primary fields of research: Public Finance, Labor Economics, Development Economics. Articles published or under review include:  When schools compete, how do they compete? An assessment of Chile's nationwide voucher program, with Chang-Tai Hsieh Submitted to the American Economic Review ‘Identifying class size effects in developing countries: Evidence from rural schools in Bolivia’ (Revise and resubmit), the Review of Economics and Statistics  ‘What difference does it make if school and work are connected? Evidence on Cooperative Education in the U.S.’, with David Stern and Neil Finkelstein, Economics of Education Review 16(3), 1997.  ‘School choice and educational productivity. What can Tiebout really reveal?’ Revise and resubmit, the American Economic Review. B.A. in Economics and Political Science, Swarthmore College, 1992; Ph.D. in Economics, University of California, Berkeley 2000.

Other Affiliated Columbia Faculty and Research Scholars.

Department of Ecology, Evolution, Environmental Biology

Shahid Naeem, Professor, Department of Ecology, Evolution and Environmental Biology, studies the ecological and environmental consequences of biodiversity loss. His synergistic work involves coordinating a group effort to predict the local, regional, and global impacts of biodiversity loss across a wide variety of ecosystems. Naeem holds a Ph.D. in Zoology from the University of California, Berkeley, awarded in 1989

Core DIPA Faculty expected to teach or advise in the program

Department of Political Science

Macartan Humphreys, Assistant Professor, Political Science.  Research interests include the economics of conflict; and the politics of ethnicity; conflict resolution in Africa, formal theory;

Maria Victoria Murillo, Associate Professor of Political Science and Public Affairs. Selected publications are: Labor Unions, Partisan Coalitions, and Market Reforms in Latin America;  “Industrial Competition and Union Responses to Macro-Economic and Sector-Specific Adjustment in Mexico,” Industrial Relations in the Age of Globalization (ed. C. Candland and R. Sils);  “From Populism to Neoliberalism: Labor Unions and Market Reforms in Latin America,” World Politics;  “El sindicalismo latinoamericano en la encrucijada,” Politico y Gobierno;  “El fin de la dictadura perfecta,” Escenarios Alternativos. BA, Universidad de Buenos Aires, 1991; MA, Harvard University, 1994; PhD, 1997; Assistant professor, Yale University, 1998–2000; Fellow, Harvard Academy for International and Area Studies, 1996–97

Alfred C. Stepan,  Wallace Sayre Professor of Government.  Professor Stepan’s teaching and research interests include: comparative politics; theories of democratic transitions; federalism; and the world’s religious systems and democracy.  Selected publications are: Arguing Comparative Politics; and Democratic Transition and Consolidation: Southern Europe; South America and Post-Communist Europe (with Juan J. Linz); Rethinking Military Politics: Brazil and the Southern Cone; Politics, Society, and Democracy: Comparative Studies (editor with H.E. Chebabi);  Breakdown of Democratic Regimes (editor with Juan J. Linz); The State and Society: Peru in Comparative Perspective; The Military on Politics: Changing Patterns in Brazil. Stepan is Fellow, American Academy of Arts and sciences, 1991-present, British Academy, 1997-present. B.A., University of Notre Dame, 1958, B.A. and M.A., Balliol College, Oxford University, 1963, Ph.D., Columbia University, 1969