CERDI was established in 1976 as a research unit associated with CNRS and became a mixed unit of research (UMR 6587) in 1996.CERDI is part of the School of Economics department of the University of Auvergne.The Centre consists of around 50 people, including 31 permanent teachers/researchers.


Research at CERDI is entirely dedicated to the study of the process of economic development.The Centre is recognised both by academic institutions and by national and international institutions in charge of development assistance.Development economics embraces all the issues raised by modern economics.CERDI is thus a “general practitioner” centre with applied studies in developing countries.

Sub-Saharan Africa constitutes the main field of analysis with a special interest given to French-speaking countries.CERDI has also oriented its research towards China, the south-shore of the Mediterranean Sea and Latin America.

The CERDI developed collaborations with, among others,the CSAE of the University of Oxford, the Universities of Amsterdam, Berkeley, Ottawa, Rio, Fudan, Florence, etc.

From 2006 to 2010, the scientific production of the CERDI included 179 articles published in peer-reviewed journals:American Economic Review, Journal of Economic Theory, Journal of Public Economics, Review of Economics and Statistics, European Economic Review, Oxford Bulletin of Economics and Statistics, Journal of Development Economics, World Development, World Bank Economic Review, Journal of Development Studies.CERDI manages the Revue d'Economie du Développement, a review publishing in French, articles focusing on development issues.


The CERDI enriches, through research, the masters of the School of Economics.Themagistère of economic development leads either to the research-oriented master in development economics, or to the professional master in project analysis.The professional masters comprise specialities focusing on international development aspects:health economics, sustainable development, management of public and private works.Two specialities are oriented towards public finances:

The master in public finances in the developing and transitional economies aims at reducing the shortage of high level French-speaking experts in the ministries in charge of the design of the fiscal policy, in the central banks, in the international institutions, and in companies planning to localize part of their activities abroad. Thedefinition of these policies implies theoretical competences, sound overall view of fiscal policy, knowledge of policies implemented in developing countries for a comparative purpose, etc.

Launched in 1994 on the initiative of the World Bank, the master in management of economic policy has as an ambition to meet the sharp needs, expressed by the developing countries, of professional economists having the ability to design and carry out effectively the economic policies. The master has trained already eighteen promotions.

The doctorate (PhD) concerns approximately 60 students.The CERDI placed, each year, from one to three doctors at the World Bank and at the International Monetary Funds. About 10 PhD students are preparing a dissertation with a topic focused on budget policy issues.