Development Economics 19/20

Development Economics (Winter term 2019/20)

Time and Place

Lecture (first date: 26th November 2019)

Tuesdays 14-16, US-A 134 

Wednesdays 10-12, US-A 234

Tutorial (first date: 2nd December 2019)

Mondays 14-16, US-A 234 

The accociated lecture Economic Growth (Prof. Dr. Koch) will be held in the first half of the semester and starts on October 8. Dates and rooms are identical. For further information see the chair's website.

Outline

 Part I: The Facts

1. The Development Gap

2. Dimensions of Development

3. Convergence

4. Inequality

Part II: Theories of Development

1. Factor Accumulation

2. Structural Change

3. Plan vs Market

4. Market Liberalism and the Washington Consensus

Part III: Institutions and Development

1. What are Institutions?

2. Political Institutions

3. Property Rights

4. History and Institutions

 Part IV: Institutions and Reform

1. Corruption and Development

2. Natural Resources and Development

3. The Problem of Reform 

 Literature

Main Literature: 

Roland, Gérard (2014) Development Economics, Basingstoke: Routledge.

Todaro, Michael and Stephen Smith (2011) Development Economics, Essex: Pearson.

Acemoglu, Daron, Simon Johnson and James A. Robinson (2005) Institutions as a Fundamental Cause of Long-Run Growth, Handbook of Economic Growth Vol. 1A, 385-472. 

Additional Literature: 

Djankov, Simeon, Edward Glaeser, Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer (2003) The New Comparative Economics, Journal of Comparative Economics 31, 595-619. 

Easterly, William (2001) The Elusive Quest for Growth: Economists' Adventures and Misadven-tures in the Tropics, Cambridge: MIT-Press.

North, Douglass C., John Joseph Wallis and Barry R. Weingast (2009) Violence and Social Or-ders: A Conceptual Framework for Interpreting Recorded Human History, Cambridge: Cam-bridge University Press.

Rodrik, Dani (2008) One Economics, Many Recipes: Globalization, Institutions and Economic Growth, Princeton: Princeton University Press. 

Ross, Michael L (2013) The Politics of the Resource Curse: A Review, UCLA, mimeo.