Welcome to this
second Henry Stewart Talk
on Development Economics.
I'm Julie Schaffner,
I'm a Development Economist
in The Fletcher School
of Law and Diplomacy
at Tufts University.
In the first talk of this series,
we defined development as a process
of economic and social change
that brings sustained
and widespread improvements
This definition raises
two fundamental questions
for the study of development,
both of which point
to the importance of taking a close look
at the people
who live in developing countries.
First, what is well-being?
What are the ways
that life could improve for people
that would constitute
the improvements in well-being
that we hope for
in successful development?
Answering this question is important
for defining the objectives
that should guide development work.
what levers might development actors
such as governments,
social entrepreneurs, and others use
to raise household's we'll-being?
How can the policies they put in place
ultimately connect with people
in ways that raise their well-being?
I see this as a useful starting point
about development policy
where I'm using
the term policy very broadly
to mean all the kinds of programs,
initiatives, or reforms
that development actors of many types
might undertake with the aim of
contributing to development.
So these are the big questions
we want to begin answering in this talk.
As we do, I'll be using two key terms
that I would like to define upfront.