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Advanced Development Economics

18.730 (Winter 2006)
Instructor: Office: Email: John Serieux 512 Fletcher Argue Building serieux@cc.umanitoba.ca Class Time: Location: Office Hours: T/Thu: 11:30 a.m. – 12:45. 216 Tier Building Tue/Thu: 4:00– 5:00 p.m.

Course Description The purpose of this course is to provide students with the background necessary to function with a significant degree of competence, within the field of development economics. To that end, the course will attempt to cover the major topical areas of the subject to give students the necessary breath of knowledge. Those topical areas where controversies exist or where new research is of particular relevance will be covered in greatest detail. Throughout this course it will be assumed that students have completed micro and macroeconomics courses at an advanced level. As part of the evaluation, students will be required to write a paper (of 5-10 pages) within each of the major thematic areas covered and with particular reference to a particular country or region. The paper will also have to be presented in class. Evaluation Four country or region specific papers and presentations (20% each) Class participation Presentation Dates: October 6;

80% 20%

October 26;

November 28;

December 07

Required (Primary) Texts Cypher, James and James Dietz (2004). The Process of Economic Development, Routledge. Ray, Debraj (1998). Development Economics, Princeton University Press. Secondary Texts: Siggel, Eckhard (2005). Development Economics: A Policy Analysis Approach, Ashgate Publishing. Szirmai, Adam (2005). The Dynamics of Socio-Economic Development: An Introduction, Cambridge University Press.

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S. (1958).1 DEFINING THE DEVELOPMENT CHALLENGE Development: an introduction *Ray. A. Economic Development for Latin America. *Sen. North Holland. Hirschman. Amartya (1988). Nurkse.2 The Concept of Development *Lewis. *Cypher and Dietz (2004).). 1990. Debraj (1998).5 Heterodox Theories of Economic Development *Cypher and Dietz (2004).Topics and Reading THEME 1: 1.” Appendix of The Theory of Economic Growth. Oxford University Press. Cambridge: Cambridge University Press.” Journal of Economic Literature.” in Hoselitz. (ed. George Allen & Unwin Ltd. Wallich (eds. Knopf. N. The Strategy of Economic Development (Chapters 3 & 4). Chicago: The University of Chicago Press. “Economic Backwardness in Historical Perspective. New Haven and London: Yale University Press. New York: St.) in: The Progress of Underdeveloped Areas. Ragnar (1964). Problems of Capital Formation in Underdeveloped Countries (Chapter 1). New York: Alfred A.” Chapter 1 of Handbook of Development Economic: Volume I. 1. New York: Oxford University Press. The Process of Economic Development: Chapter 5. *Sen. “The Concept of Development. P. Development Economics: Chapter 2. The Process of Economic Development: Chapter 1 & 2 1. W. the Third World and the Transition to Socialism: A Survey Article. Chapters 1 & 2 of Development as Freedom. Martin's Press. 1999. Gurley.4 Models of Economic Growth *Ray. “Radical Analyses of Imperialism. Arthur (1955). UNDP (1990). Ellis and H. W. Amartya (1999). 23(3): 1089-1143. Chapter 1. Human Development Report 1990. “Is Economic Growth Desirable. W. Debraj (1998). Rostow (1990). Gerschenkron. John and Keith Griffin (1985). “The Five Stages-of-Growth – A Summary” in: The Stages of Economic Growth: A Non-Communist Manifesto (Third Edition). Rosenstein-Rodan. Bert F. Development Economics: Chapter 3 & 4 Traditional Models of Economic Development *Cypher and Dietz (2004). C.3 1. The Process of Economic Development: Chapter 6. (1961).” in H. Alexander (1952). “Notes on the Theory of the Big Push. O. 2 . 1.

John (1990). Development Economics: Chapter 9. 1. Amartya (1999). *Meier. The Process of Economic Development: Chapter 7. K. Debraj (1998).3 2. Development Economics: Chapter 6 and 7. Stiglitz (2001).). Cambridge University Press. “What Washington Means by Policy Reform. Gerald Meier and Joseph Stiglitz (eds. *Williamson. Development Economics: Chapter 5. 1995. Debraj (1998). Deepak. Kramer. THEME 2: 2. 63(4). 1999.1 2. et al (1989). “Modern Economic theory and Development.” The South African Journal of Economics. December.4 Population Growth and Economic Development Ray. Development Economics: Chapter 8. Health. Cambridge University Press. Adam (2005). *Hoff. Gerald M (2005) “Orthodox Reaction. 2.7 Modern Theories of Economic Development *Ray. “Industrialization and the Big Push.” in Frontiers of Development Economics: The Future in Perspective. *Sen. The Dynamics of Socio-Economic Development: An Introduction. 1990. “Policies for Economic Development: Why the Wheel has Come Full Cycle.5 3 . Adam (2005). Murphy. New York: Oxford University Press. Education and Development Szirmai. K and J.” Journal of Political Economy 97(5): 1003-1026. The Dynamics of Socio-Economic Development: An Introduction. Debraj (1998). (Chapter 6).” in Latin American adjustment: how much has happened? Washington DC: Institute for International Economics.” Chapter 6 of Biography of a Subject: An Evolution of Development Economics. “The O’Ring Theory of Economic Development. Poverty and Undernutrition Ray. Oxford University Press. Knopf. (Chapter 7).6 Neoclassical Perspectives on Economic Development *Cypher and Dietz (2004). Chapter 4 of Development as Freedom.” Quarterly Journal of Economics 108(3): 551-575. 2. New York: Alfred A.2 THE HUMAN DEVELOPMENT CHALLENGE Economic Inequality Ray.1. Debraj (1998). Health Care and Development Szirmai. Lal. Michael (1993).

The Process of Economic Development: Chapter 9 & 10.4. 3. Poverty and Environment. Ashgate Publishing. The Process of Economic Development: Chapter 17. Eckhard (2005). “Development.” Chapter 2 in: Sustainable Development. Edward Elgar. *Bardhan. “Financing Economic Growth from External Sources” Chapter 4 of Development Economics: A Policy Analysis Approach. Edward Elgar. *Cypher and Dietz (2004). “The Environmental Kuznets Curve Hypothesis” Chapter 46 of Handbook of Environmental and Resource Economics. Debraj (1998). The Process of Economic Development: Chapter 11.” Chapter 13 of Development Microeconomics.2 Structural Adjustment and the International Financial Institutions (IFIs) *Siggel.” Chapter 50 of Handbook of Environmental and Resource Economics. “Environment and Development. Partha (2003).3 3. Debraj (1998). Barbier. Edward B.” Population and Development Review 19(1). Edward Elgar. Development Economics: Chapter 10. Susan (2006). The Process of Economic Development: Chapter 14. Oxford University Press. “Stabilization. “Population Poverty and the Natural Environment. Dasgupta. Routledge. “The Concept of Sustainable Development. Heintz.” Chapter 5 of Handbook of Environmental Economics. The Urban Informal Sector *Portes & Schauffler (1993).5 Industrialization and Development *Cypher and Dietz (2004).1 STRUCTURAL TRANSFORMATION: DOMESTIC ISSUES Urban Transformation and Migration *Ray.THEME 3: 3. Rural Sector *Ray. 3. Structural Adjustment and the Role of the IMF” Chapter 8 of Development Economics: A Policy Analysis Approach. 4 . North-Holland.2 3. Eckhard (2005). Abler and James Shortle (1999). “Agriculture and the Environment” Chapter 11 of Handbook of Environmental and Resource Economics. The Environment and Development *Baker. *Cypher and Dietz (2004). 4. THEME 4: 4. Pranab and Christopher Udry (1999). “Competing Perspectives on the Latin American Informal Sector. Development Economics: Chapter 12-14 *Cypher and Dietz (2004). Ashgate Publishing. Roebijn and Sander de Bruyn (1999).1 INTERNATIONAL ASPECTS OF DEVELOPMENT Development Finance *Siggel. (1999).