Full-time Faculty

• Prospective Students
• Current Students
• Alumni
• Press

Stephen C. Smith

Professor of Economics and International Affairs

Monroe 306
2115 G Street, N.W.
Washington, D.C. 20052

Phone: (202) 994-8086
Fax: (202) 994-6147
E-mail: ssmith@gwu.edu
Homepage: http://home.gwu.edu/~scsmith/

Education:

Ph.D., Cornell University

Expertise:

Development economics, labor economics, economics of organization

Background:

Professor Smith received his Ph.D. in economics from Cornell University and has been a Fulbright Research Scholar and a Jean Monnet Research Fellow. He teaches courses on development economics.

Professor Smith's most recent book, Ending Global Poverty, was published by Palgrave Macmillan in May 2005. He is also the author of Economic Development, with Michael Todaro (8th Edition, Addison-Wesley-Longman, 2002); Case Studies in Economic Development (2nd edition, Addison-Wesley, 1997); Industrial Policy in Developing Countries (Economic Policy Institute, 1991); and over fifty other publications including articles in Economic Analysis, Economics, Industrial and Labor Relations Review, Journal of Economic Behavior and Organization, Journal of Economic Issues, The Quarterly Journal of Economics and Review of Development Economics.

His most recent articles include "Works Councils and Environmental Investment: Theory and Evidence from German Panel Data," with Jan Erik Askildsen and Uwe Jirjahn, forthcoming in the Journal of Economic Behavior and Organization; "New Issues in Emerging Markets: Determinants, Effects, and Social Market Performance of Initial Public Offerings in South Korea," with Hesuk Chun in the Journal of Emerging Market Finance, December 2003; "Human Capital Convergence: A Joint Estimation Approach," with Randa Sab in IMF Staff Papers, August 2002; "Employee Stock Ownership and Participation in South Korea: Incidence, Productivity Effects, and Prospects," with Beom-cheol Cin in the Review of Development Economics, June 2002; and "Village Banking and Maternal and Child Health: Evidence from Ecuador and Honduras," in World Development, April 2002.

Professor Smith recently contributed two chapters to Ownership and Governance of Enterprises, a UN-WIDER volume edited by Laixiang Sun, (Palgrave/Macmillan, 2003): "Network Externalities and Co-operative Networks" and "Theory and Comparative Case Studies of Mondragon and La Lega With Implications for Developing and Transition Countries."

His on-site research includes India, China, Taiwan, Ecuador, Slovenia, Italy, Egypt, Germany, Bangladesh, Peru, Tanzania and Uganda. He served as an organizer of the International Development Studies Program (IDS), then as its first director in 1992-1996. He has also taught development economics at the Foreign Service Institute.

Courses Taught:

Econ 151 Economic Development
Econ 217 Survey of Economics (Intermediate Microeconomic Theory)
Econ 250 Survey of Development Economics
Econ 251 Development Economics I
Econ 252 Development Economics II
Econ 351 Seminar: Economic Development

Last update: 07.11.07