International Economic Development:

Syllabus

Readings:

Week 8 (3/07/07)

Agricultural Transformation and Industrial Development

Todaro and Smith, Chapter 9.

Griffin , Keith, 1989. Alternative Strategies for Economic Development. NY: St. Martin ’s Press. Pp. 100-131.

Ha-Joon Chang, 1998. “Globalization, transnational corporations, and economic development: can the developing countries pursue strategic industrial policy in a globalizing world economy?” Chapter 4 in Baker, Dean, Gerald Epstein, and Robert Pollin, (eds.), Globalization and Progressive Economic Policy. Pp. 97-116.

Week 9 (3/21/07)

International and Macro Dimensions of Development: Trade Theories and Policies (Export-Promotion and Import-Substitution Debates).

Todaro and Smith, Chapter 12 and 13.

Week 10

International and Macro Dimensions of Development: Balance of Payments, Foreign Investment and Foreign Debts.

Todaro and Smith, Chapter 14 and 15.

Amirahmadi, Hooshang and Weiping Wu, 1994. “Foreign Direct Investment in Developing Countries,” Journal of Developing Areas, Vol. 28, January 1994: pp. 167-190

Week 11

Fiscal and Monetary Policies for Development

Todaro and Smith, Chapter 16

Baker, Dean, Gerald Epstein, and Robert Pollin (eds.), 1998. Globalization and Progressive Economic Policy. NY: Cambridge University Press. Chapter 6, “Implications of globalization for macroeconomic theory and policy in developing countries,” pp. 149-161 & Chapter 19, “Can domestic expansionary policy succeed in a globally integrated environment?” pp. 433-466.

Week 12

International and Macro Dimensions of Development: Multinational Corporations and International Development Agencies

Crotty, James, Gerald Epstein and Patricia Kelly, 1998. “Multinational corporations in the neo-liberal regime,” Chapter 5 (pp. 117-146) in Baker, Dean, Gerald Epstein, and Robert Pollin, (eds.), Globalization and Progressive Economic Policy. pp. 117-146.

Pieper, Ute and Lance Taylor, 1998. “The revival of the liberal creed: the IMF, the World Bank, and inequality in a globalized economy.” Chapter 2 (pp. 35-66) in Baker, Dean, Gerald Epstein, and Robert Pollin, (eds.), Globalization and Progressive Economic Policy. Pp. 37-66.

Carlisle , Charles R., 1996. “Is the World Ready for Free Trade?” in Foreign Affairs, November/December, Vo. 75, No. 6, pp. 113-126.

Week 13

Relevance of the Course to Developing Countries: Country Presentations.

Week 14

Final Exam on Definitions of Concepts Learned in the Course.

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