Institutions and development jerven

SIMON FRASER UNIVERSITY School for International Studies Sample Syllabus

Institutions and Policies of Development Instructor: Morten Jerven

Description: What is development? What determines economic growth? This course examines what factors influence economic growth and development, from the basic determinants: land, capital and labour to institutions and policies. The course traces the general patterns of economic development in the world. We examine important problems and debates in issues of economic development. The course gives an overview on how ‘development’ and ‘underdevelopment’ has been measured, conceived and explained in different ways. Students are asked to evaluate these contesting claims in order to get a firm grip on the challenges of economic development today.

Readings: Michael P. Todaro and Stephen C. Smith, Economic Development, 11th Edition, Prentice Hall, 2009.

Ha-Joon Chang, Rethinking Development Economics, Anthem Press, 2003.

David Alexander Clark, The Elgar Companion to Development Studies. Edward Elgar, 2003.

Custom Course Ware Journal Articles Assessment: Presentation Report

10% 10%

Short Essay Final essay

20% 30%

Final Exam

30%

1. What is Development?

M. P. Todaro and S. C. Smith, Ch. 1: ‘Economics, Institutions, and Development: A Global Perspective’, in Economic Development, 11th Edition, Prentice Hall, 2009.

H. Chang, Ch. 1 in Changing Perspectives in Development Economics, Anthem Press, 2003.

J. Harriss, ‘The Case for Cross-Disciplinary Approaches in International Development’, World Development 30:3, (2002), pp. 487–496.

2. How do we measure Development?

M. P. Todaro and S. C. Smith, Ch. 2: ‘Comparative Economic Development’, in Economic Development, 11th Edition, Prentice Hall, 2009.

J. Ferguson, Ch. 2: ‘Paradoxes of Sovereignty and Independence’ in Global Shadows: Africa in the neoliberal world order, Duke University Press, 2006, pp. 50-68.

3. Theories and Models of Development M. P. Todaro and S. C. Smith, Ch. 3: ‘Classic Theories of Economic Growth and Development’, in Economic Development, 11th Edition, Prentice Hall, 2009.

4. Poverty: Interdisciplinary Approaches to Development M. P. Todaro and S. C. Smith, Ch. 5: ‘Poverty, Inequality, and Development’, in Economic Development, 11th Edition, Prentice Hall, 2009.

Tony Addison, David Hulme and Ravi Kanbur, Ch. 1: ‘Poverty Dynamics: Measurement and Understanding from an Interdisciplinary Perspective’, in Poverty Dynamics: Interdisciplinary Perspectives, Oxford University Press, 2009. CCW

5. What is Economic Growth?

M. Abramovitz, Ch. 9: ‘Economics of growth’ in Thinking About Growth: and other essays on economic growth and welfare, New York, N.Y.: Cambridge University Press, 1989, pp.80-124. CCW H. Chang, Ch. 9: ‘New Growth Theory’, in Rethinking Development Economics, Anthem Press, 2003.

C. Kenny and D. Williams, ‘What Do We Know About Economic Growth? Or, Why Don’t We Know Very Much?’, World Development 29: 1, (January 2001), pp. 1-22.

E.L. Jones, Ch. 2 in Growth Recurring: Economic Change in World History, Clarendon, 1988.

CCW

6. What are Institutions?

John Harriss, Janet Hunter and Colin M Lewis, eds, The New Institutional Economics and Third World Development, London & New York: Routledge, 1995.

H. Chang, Ch. 22: ‘Institutions and Economic Development in Historical Perspective’, in Rethinking Development Economics, Anthem Press, 2003.

7. Stories of Economic Growth: Wealth and Poverty of Nations D. Rodrik, ed., Ch. 1 In Search of Prosperity: Analytic Narratives on Economic Growth.

Princeton and Oxford: Princeton University Press, 2003. CCW

8. Patterns of Economic Development in Latin America, Africa and Asia.

K. Sokoloff, and S. L. Engerman, ‘History Lessons: Institutions, Factor Endowments and Paths of Development in the New World’, Journal of Economic Perspectives, 14: 3, (2000), pp. 217-232 G. Austin, ‘Resources, Techniques and Strategies South of the Sahara: revising the factor endowments perspective on African economic development’, 1500–2000, Economic History Review 61:3, (2008), pp. 587–624.

K. Sugihara, Ch. 3: ‘The East Asian path of economic development: a long-term perspective’, in The Resurgence of East Asia: 500, 150 and 50 Year Perspectives, G. Arrighi, T. Hamashita, M. Selden (eds), London: Routledge, 2003, pp. 78-123. CCW Or: K. Pomeranz, ‘Is There an East Asian Development Path? Long-Term Comparisons, Constraints, and Continuities’, Journal of the Economic and Social History of the Orient 44: 3, (2001), pp. 322-362 F. Bray, The Rice Economies: technology and development in Asian societies, University of California Press, 1986; Or her ‘Patterns of Evolution in Rice-Growing Societies’, Journal of Peasant Studies 11 (1984), pp. 3-33.

H. Chang, Ch. 5: ‘The East Asian Development Experience’; Ch. 6: ‘The Latin American Economies During the Second Half of the Twentieth Century - from the Age of 'ISI' to the Age of 'The End of History'; and Ch. 7: ‘Rethinking African Development’, in Rethinking Development Economics, Anthem Press, 2003.

9. Labour: Population, Migration and Human Capital M. P. Todaro and S. C. Smith, Ch. 6: ‘Population Growth and Economic Development: Causes, Consequences, and Controversies’, in Economic Development, 11th Edition, Prentice Hall, 2009.

M. P. Todaro and S. C. Smith, Ch. 8: ‘Human Capital: Education and Health in Economic Development’, in Economic Development, 11th Edition, Prentice Hall, 2009.

Matthew Connelly, ‘To inherit the Earth. Imagining world population, from the yellow peril to the population bomb’, Journal of Global History 1, (2006), pp. 299-319.

10. Agrarian Change: Land, Risk and Production Patterns M. P. Todaro and S. C. Smith, Ch. 9: ‘Agricultural Transformation and Rural Development’, in Economic Development, 11th Edition, Prentice Hall, 2009.

M. P. Todaro and S. C. Smith, Ch. 7: ‘Urbanization and Rural-Urban Migration: Theory and Policy’, in Economic Development, 11th Edition, Prentice Hall, 2009.

H. Chang, Ch. 11: ‘Agriculture and Development: The Dominant Orthodoxy’, in Rethinking Development Economics, Anthem Press, 2003.

11. Capital: Financial Aid and Domestic Savings M. P. Todaro and S. C. Smith, Ch. 14: ‘Foreign Finance, Investment, and Aid: Controversies and Opportunities’, in Economic Development, 11th Edition, Prentice Hall, 2009.

W. Easterly, ‘The ghost of financing gap: Testing the growth model used in the international financial institutions’, Journal of Development Economics 60, (1999), pp. 423438.

12. Trade: Import Substitution and Export Promotion M. P. Todaro and S. C. Smith, Ch. 12: ‘International Trade Theory and Development Strategy’, in Economic Development, 11th Edition, Prentice Hall, 2009.

H. Chang, Ch. 12: ‘Trade and Industrial Policy Issues’; Ch. 13: ‘Technology and Industrial Development in an Era of Globalization’, in Rethinking Development Economics, Anthem Press, 2003.

D. Rodrik, ‘Getting Interventions Right: How South Korea and Taiwan Grew Rich’, NBER Working Paper no. 4964; Reprinted in the journal Economic Policy: a European Forum, 20 (1995), pp. 55-107.

13. The role of the State in Development H. Chang, Ch. 2: ‘The Market, the State and Institutions in Economic Development’; Ch. 3: ‘Globalization and Development’; Ch. 4: ‘Development and the Global Order’, in Rethinking Development Economics, Anthem Press, 2003.