Introduction (+R lecture), Issues in developing countries

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Development economics, Developing and developed countries, poverty, inequality, globalization, economic development, aid, macro and micro perspectives,Household Models

Data on developing countries

Economic growth rate, income per capita, real values, indicators measuring poverty, indicators measuring inequality, level of education, level of health care

Economic growth

GDP, Per capita GDP, growth rate, capital formation, technological progress, Schumpeter, innovation, creative destruction, production function, marginal product, education and health, human capital, population growth and decline

Population, Human capital, Gender issues

Population growth/decline, Malthus, education/health, human capital, gender, house hold model, intra-household bargaining power, child labor

Rural Economy

Urban-rural migration of people, urban-rural disparity, agricultural production, risk, landowner/peasant relations, increasing agricultural productivity, microfinance, rural electrification, surplus labor, disguised unemployment

Globalization and developing countries

Migrant labor, remittances, transnational corporations, trade liberalization, WTO, comparative advantage, FDI, international finance, exchange rates, financial crisis, industrial policy and industrial development theory, import substitution, export-oriented development, ethical consumption and fair trade, BOP

Developing countries from a perspective of political economy

Democratization and economic development, corruption, governance, decentralization movements, public policy and economic growth, nepotism, populism

Aid to developing countries

ODA, DAC, OECD, JICA and other Japanese aid agencies, IMF and World Bank, NGOs, Loan and grant aid, external debt, aid as foreign policy

Three quizzes (30%) and two reports (70%). Attendance is mandatory.No more than 3 absences. Any more than that results in an F.