Stephen C. Smith

Stephen C. Smith

Professor of Economics
Address: Monroe Hall
2115 G St., NW
Washington, District Of Columbia 20052
Phone: 202-994-8086

Areas of Expertise

Development economics and poverty; economics of participation; and economics of organization.



Stephen C. Smith is Professor of Economics and International Affairs at George Washington University, where he directs the Research Program in Poverty, Development, and Globalization. He is also a Nonresident Senior Fellow at the Brookings Institution, and an IZA Research Fellow, and has served as a member of the Advisory Council of BRAC USA since 2007.

Smith received his PhD in economics from Cornell University. In Fall 2012 he was a Fulbright Senior Specialist visiting at the Economics Department at Kurukshetra University, Haryana, India; and in Spring 2013 he was a Visiting Fellow at Brookings. He also has been a Fulbright Research Scholar and a Jean Monnet Research Fellow. Smith served as an Associate Editor of the Journal of Economic Behavior & Organization from 2007-2013. 

From 2009-2012, Smith served as Director of the Institute for International Economic Policy, where he helped create its four signature initiatives: climate adaptation in developing countries; extreme poverty; global economic governance; and the “G2 at GW” series. In the 1990s, he designed and served as first director of GW's International Development Studies Program.

Smith has done on-site research and program work in several regions of the developing world including Bangladesh, China, Ecuador, India, Uganda, and Former Yugoslavia, and has been a consultant for the World Bank, the International Labour Office (ILO, Geneva), the United Nations Development Programme (UNDP), and the World Institute for Development Economics Research (UN-WIDER, Helsinki). Smith has also conducted extensive research on the economics of employee participation, including works councils, ESOPs, and labor cooperatives, which has included on-site research in Italy, Spain, and Germany, as well as China and India. 




Ph.D., Cornell University


Smith is the co-author with Michael Todaro of Economic Development (11th Ed., Addison-Wesley and Pearson, 2011); the author of Ending Global Poverty: A Guide to What Works (Palgrave Macmillan, 2005); and co-editor with Jennifer Brinkerhoff and Hildy Teegen of NGOs and the Millennium Development Goals: Citizen Action to Reduce Poverty (Palgrave Macmillan, 2007).
Smith is also author or coauthor of 45 journal articles, and numerous book chapters and other publications. Details on some of these publications and downloadable working papers may be found on RePEc.

Classes Taught

Professor Smith teaches primarily courses in development economics. For example, this Fall (2013) he is teaching undergraduate Economic Development (Econ 2151); in Spring 2009 he taught the Ph.D. course, Development Economics I (Econ 8351); in Fall 2011 he taught Survey of Economic Development (Econ 6250) primarily for M.A. students in the International Development Studies Program; and in Fall 2006 he taught Economics of Poverty Alleviation (Econ 3195.10). He has also taught Development Economics II (Econ 8352) and a development Doctoral Seminar (Econ 8395), Survey of Microeconomics (Econ 6217), International Economics II – International Finance (Econ 2182), Global Poverty-Causes and Remedies (Econ 1801), the International Development Studies Program capstone seminar (Elliott School), Economic Effects of Labor Management and Profit Sharing (Econ Ph.D. level, at Cornell), and Transnational Firms and the World Economy (at Johns Hopkins - SAIS).