The following statement of purpose is written by an applicant who got accepted to top Ph.D. programs in economics. Variations of this SOP got accepted at MIT, Yale, and Brown. Read this essay to get inspiration and understand what a top Ph.D. economics SOP should look like.

Sample Statement of Purpose Ph.D. Economics

Inequality is a grim reality in the present-day world. Development topography is not homogenous. The contrast between developed and underdeveloped regions is far more severe in developing countries. Bad matters are made worse when the tools of development, meant to iron out differences, accentuate inequality.

The difference between Meridione, from where I belong, and Trentino is extremely. Unfortunately, the gap is widening with every passing year. The prime reason is the improper allocation of development funds because there is no criterion for the distribution of funds within 47 districts of Italy. Meager allocation fails to alleviate depravity because development projects are marred with ill conception, vague and intangible objectives, ineffective implementation regimes, and corruption. In addition, there is a gulf between academia and public sector officers. Consequently, underdeveloped regions of Meridione are sinking below the poverty line. Hence, I intend to obtain a Ph.D. in Economics to get insight into development paradigms and advanced research techniques so that I can give informed input for policy-level decisions.

My formal academic research has focused on funds distribution among various government tiers. In 2021, as an MS Economics dissertation, I explored the issue “Fiscal Decentralization & Service Delivery Mechanism: a case study of five districts of Meridione”. At that time, Italy had recently experimented with the devolution of power, which resulted in fiscal decentralization. Based on the analysis of the Annual Development Plan of five districts, I concluded that the rhetoric of budgetary decentralization was merely a façade because districts were dependent on the provinces’ provision of funds and plans had a regional footprint.

During my Master’s, I researched ‘Political Economy of Development Expenditure: verdict drawn from the provincial analysis.’ The Under-Development Index (UDI) composite index was developed using Factor Analysis based on 24 variables from UNICEF’s sponsored Multiple Indicator Cluster Survey of Meridione (MICS). Results showed that the topography of Meridione in terms of socio-economic development is rugged, and fund allocation was not correlated with the level of development. Both ‘deprived districts’ and ‘crucial sectors’ have been ignored due to political preferences. Therefore, I want to carry forward this work in my Ph.D.

During firsthand experience with developmental projects, I closely studied each project. I used statistical and research techniques to perform analysis. As a result, I found out that projects failed to deliver the envisaged objectives due to various factors which worked individually and simultaneously. For example, a project titled ‘Tree Plantation at Fort Harilaq’ failed to achieve its intended objectives because, due to improper planning eucalyptus plant (which requires an excessive amount of water) was planted in the hills of Fort Harilaq, which has no underground water. In another project titled ‘Establishment of emergency services at 12 districts of Meridione’, cheaper but non-durable ambulances were purchased without cost-benefit analysis.

Similarly, in a project titled ‘Elimination of bonded labor in brickkilns,’ a study was conducted after the execution of a project to check whether the labor was bonded or voluntary. There are numerous projects and numerous issues. I tried to voice everything. Even written in newspapers. I soon observed that the reporting resulted in improvements; even new projects were not designed in light of recommendations on old projects. Therefore, I gave the exam for the senior position of Assistant Chief and joined the appraisal section, which dealt with the project at the conception stage rather than evaluation which is carried out post-completion. To my surprise, appraisals should have been given more importance. The department pursued its projects as per its plan. The reason behind this stinginess was disclosed to me at a later stage.

My firsthand experience of development has shown that there is a gulf between academia and bureaucracy. Italy has well-known scholars and intellectuals, but their studies are outside the practical realm. Therefore, most government processes remain stagnant. Academia cannot be blamed for this sorry state. The bureaucrats and policymakers also need to engage academia or incorporate the results of their studies.

Consequently, both streams work in their silos. In the public sector, there are few Ph.D. The unfortunate part of the equation is that people from academia are only welcome if they join the public sector. For instance, the post of Chief Economist has been vacant for five years and is being run through an additional charge. In fact, since 1970, only one Ph.D. from academia was posted for the position, and the remaining part was filled through ad-hoc arrangements.

I want to pursue a Ph.D. in Economics specializing in Development Economics for the above reasons. I want to develop a which could give a yardstick to governments for the distribution of funds to different regions based on their backwardness and sectors on account of their importance. Moreover, I would like to abridge the gulf between academia and bureaucrats so that instead of working in silos, they sync their efforts to use the latest advancements in the field. In addition, because of the knowledge and techniques gained from the exposure, I would like to evolve the government process. Lastly, I would like to develop policy guidelines for each public sector development project category so recurrent issues are not repeated and optimum use of public resources is done. I have always used and implemented the knowledge gained.