UNIVERSITY OF BRADFORD BRADFORD CENTRE FOR INTERNATIONAL DEVELOPMENT 2009/0 Development Economics [ID-8000M] © David Potts, November 20, 2009 Licensed under a Creative Commons licence References (Lectures 1-6): Lecture 1 Introduction – The Scope of Development Economics; Characteristics of Developing Economies Cypher, J. and Dietz, L. (2009) The Process of Economic Development (3rd ed) Routledge: London – Chapter 1 Perkins, D, Radelet, S, Snodgrass, D, Gillis, M and Roemer, M, (2001) Economics of Development (5th ed); Norton, New York, – Chapter 1 – Introduction; Chapter 2 – Economic Growth: Theory and Empirical Patterns (first and second sections). Ingham, B, (1995) Economics and Development; McGraw-Hill, New York, – Chapter 1 – Developing Countries and the World Economy, past, present and future Meier, G and Rauch, J (eds) (2000) Leading Issues in Economic Development (7th edition); Oxford University Press, New York,– Part 1B – Economic Performance of Less Developed Countries: The Recent Past; Part 1C – The Discipline of Development Economics. Potts, D, Ryan P and Toner, A (eds) (2003) Development Planning and Poverty Reduction Palgrave Macmillan, Basingstoke – Chapter 1 Thirlwall, A, (2003) Growth and Development (7th ed) Palgrave-Macmillan, Basingstoke, – Chapter 1 – The Study of Economic Development; Chapter 3 – The Characteristics of Underdevelopment and Structural Change. Todaro, M, and Smith S (2006) Economic Development (9th ed); Addison-Wesley, London, – Chapter 1 – Economics, Institutions, and Development: A Global Perspective; Chapter 2 – Diverse Structures and Common Characteristics of Developing Nations (or equivalent chapters in eighth edition) Todaro, M (1992) Economics for a Developing World (3rd ed); Longman, London, – Chapter 6 – The Meaning of Development. Wilber, C and Jameson K (eds) (1992) The Political Economy of Development and Underdevelopment (5th edition); Part 1 – Theory and Method in Economic Development; Part 6 – The Human Dimension of Development Lecture 2 The Concept of Development; Development Indicators Allen T, and Thomas, A (eds) (2000) Poverty and Development into the 21st Century Oxford University Press in association with the Open University, Oxford – see Chapters 1 and 2 Colman, D and Nixson, F (1994) Economics of Change in Less Developed Countries HarvesterWheatsheaf, London – Chapter 1 – The Concept and Measurement of Development Cypher, J. and Dietz, L. (2009) The Process of Economic Development (3rd ed) Routledge, London – Chapter 2 Hogendorn, J (1996) Economic Development Harper Collins, New York – Chapter 2 – Measuring Development and Poverty Ingham, B, (1995) Economics and Development McGraw-Hill, New York, – Chapter 2 – The Meaning of Development Meier, G and Rauch, J (eds) (2000) Leading Issues in Economic Development Oxford University Press, New York - Part 1A – Measuring Development Perkins, D, Radelet, S, Snodgrass, D, Gillis, M and Roemer, M, (2001) Economics of Development Norton, New York, – Chapter 4 – Development and Human Welfare Sumner, A. and Tribe, M. (2008) International Development Studies: Theories and Methods in Research and Practice Sage, London – Chapter 1 Secondi, G. ed. (2008) The Development Economics Reader Routledge, London – Part 1 Thirlwall, A, (2003) Growth and Development Palgrave-Macmillan, Basingstoke, – Chapter 2 – The Development Gap and the Measurement of Poverty Todaro, M, and Smith S (2009) Economic Development (10th ed) Addison-Wesley, London, – Chapter 5 – Poverty, Inequality and Development (or equivalent chapters in eighth edition) Todaro, M (1992) Economics for a Developing World (3rd ed) Longman, London – Chapter 9 – Growth, Poverty and Income Distribution: Theory and Evidence UNDP (2005) Human Development Report 2005, UN New York – Chapters 1 and 2 and Human Development Indicators section (downloadable from http://hdr.undp.org/en/reports/global/hdr2005/) – earlier and subsequent HDRs also available from http://hdr.undp.org/ - see the 1990 report that introduced the HDI. Most recent HDI and HPI statistics are available from the 2009 HDR (http://hdr.undp.org/en/reports/global/hdr2009/) Lecture 3 Economic Growth and Development I – Savings and Capital Accumulation Colman, D and Nixson, F (1994) Economics of Change in Less Developed Countries HarvesterWheatsheaf, London – Chapter 2 – Economic Theorising about Development Cypher, J. and Dietz, L. (2009) The Process of Economic Development (3rd ed) Routledge, London – Chapter 4 Hogendorn, J (1996) Economic Development Harper Collins, New York – Chapter 3 – What Causes Development? An Overview; Chapter 4 – Financing Development I: The Role of Capital, Domestic Saving Ingham, B, (1995) Economics and Development McGraw-Hill, New York, – Chapter 4 – Long-run Trends, The Classical Perspective; Chapter 6 – The Managed Economy Jhingan, M, The Economics of Development and Planning Vrinda Publications, Delhi, 1998; Chapter 25 – The Harrod-Domar Models, Chapter 32 – Models of Technical Change; Chapter 37 – Capital Formation and Economic Development; Chapter 16 – Lewis’ Theory of Unlimited Supplies of Labour Meier, G and Rauch, J (eds) (2000) Leading Issues in Economic Development Oxford University Press, New York - Part I.C – The Discipline of Development Economics; Part V – Investment and Finance Perkins, D, Radelet, S, Snodgrass, D, Gillis, M and Roemer, M, (2001) Economics of Development Norton, New York, – Chapter 2 – Economic Growth: Theory and Empirical Patterns; Chapter 3 – Structural Change Thirlwall, A, (2003) Growth and Development Palgrave-Macmillan, Basingstoke, – Chapter 4 – Theories of Economic Growth: Why Growth Rates Differ between Countries; Chapter 6 – Capital and Technical Progress Todaro, M, and Smith S (2009) Economic Development Addison-Wesley, London, – Chapter 3 – Classic Theories of Economic Development Todaro, M (1992) Economics for a Developing World Longman, London – Chapter 7 – Economic Growth: Causes and Characteristics Wilber, C. and Jameson, K (eds) (1992) The Political Economy of Development and Underdevelopment Part 1 – Theory and Method in Economic Development See also the following relevant journal articles: Stern N., (1989) The Economics of Development: A Survey; Economic Journal, Vol 99 No 397 September, pages 597-685. http://www.jstor.org/sici?sici=00130133%28198909%2999%3A397%3C597%3ATEODAS%3E2.0.CO%3B2-K&origin=bc Stern N., (1991) The Determinants of Growth; Economic Journal, Vol 101 No 404 January, pages 122-133. http://www.jstor.org/sici?sici=00130133%28199101%29101%3A404%3C122%3ATDOG%3E2.0.CO%3B2-W&origin=bc Lecture 4 Economic Growth and Development II – Economic Growth and Structural Change Colman, D and Nixson, F (1994) Economics of Change in Less Developed Countries HarvesterWheatsheaf, London – Chapter 2 – Economic Theorising about Development Cypher, J. and Dietz, L. (2009) The Process of Economic Development (3rd ed) Routledge, London – Chapter 5 Hogendorn, J (1996) Economic Development Harper Collins, New York pp.419-21 Ingham, B, (1995) Economics and Development McGraw-Hill, New York, – Chapter 4 pp. 109-115 Meier, G and Rauch, J (eds) (2006) Leading Issues in Economic Development Oxford University Press, New York Section VI Perkins, D, Radelet, S, Snodgrass, D, Gillis, M and Roemer, M, (2001) Economics of Development Norton, New York, – Chapters 3, 4 and 8 Thirlwall, A, (2003) Growth and Development Palgrave-Macmillan, Basingstoke, – Chapter 5 Todaro, M, and Smith S (2009) Economic Development Addison-Wesley, London, – Chapters 3 and 7 See also the following relevant journal articles and reports: Bhagawathy, J. and Srinivasan, T. (1974) ‘On Reanalyzing the Harris-Todaro Model: Policy Rankings in the Case of Sector-Specific Sticky Wages’ American Economic Review Vol. 64 No. 3 Figueroa, M. (2004) ‘Arthur Lewis versus the Lewis Model: Agricultural or Industrial Development?’ Manchester School Vol. 72 No. 6 Kirkpatrick, C. and Barrientos, A. (2004) ‘The Lewis Model after 50 Years’ Manchester School Vol. 72 No. 6 Ranis, G. (2004) ‘Arthur Lewis’s Contribution to Development Thinking’ Manchester School Vol. 72 No. 6 United Nations (2005) World Urbanisation Prospects 2005 Revision UN DESA New York: United Nations (http://www.un.org/esa/population/publications/WUP2005/2005wup.htm) United Nations Centre for Human Settlements (UN-HABITAT) (2006) State of the World’s Cities 2006/7 Nairobi: UNCHS (http://www.unhabitat.org/content.asp?cid=3397&catid=7&typeid=46&subMenuId=0) World Bank (1999) Entering the Twenty First Century: World Development Report 1999/2000 Washington DC: World Bank – Chapters 6 and 7 (http://www.worldbank.org/wdr/2000/fullreport.html Lecture 5 Economic Growth and Development III - Exogenous Growth Models As for Lecture 3 but see also: Herrick, B. and Kindleberger, C. (1983) Economic Development Chapter 2 – Theories of Economic Growth; Chapter 3 – Theories of Economic Development Weil, D. (2005) Economic Growth Addison Wesley, Boston, 2005 Weil’s book has a website at: www.aw-bc.com/weil Lecture 6 Poverty, Inequality and Growth Atkinson A (1983) The Economics of Inequality Clarendon, Oxford Besley T and Cord L (eds) (2007) Delivering on the Promise of Pro-Poor Growth: Insights from Country Experiences World Bank, Washington DC (link on Blackboard) Chen S and Ravallion M (2005) How Have the World’s Poorest Fared Since the Early 1980s? POVCALNET Technical Paper World Bank, Washington DC (link on Blackboard) Clark D and Hulme D (2005) ‘Towards a Unified Framework for Understanding the Depth, Breadth, and Duration of Poverty’ GPRG Working Paper 20 Brooks World Poverty Institute, Manchester (link on Blackboard) Cornia G (ed) (2005) Inequality, Growth and Poverty in an Era of Liberalization and Globalization Oxford University Press, New York Dollar D and Kray A (2001) ‘Growth is Good for the Poor’ Policy ResearchPaper 2587 World Bank, Washington DC (link on Blackboard) Expert Group on Poverty Statistics (2006) Compendium of Best Practices in Poverty Measurement ECLAC, Rio de Janeiro (especially Chapters 1 and 2) Jomo K and Baudot B (2007) Flat World, Big Gaps: Economic Liberalization, Globalization, Inequality, and Poverty Zed Books, London Grusky D and Kanbur R (eds) (2006) Poverty and Inequality Stanford University Press, Palo Alto CA. Meier, G and Rauch, J (eds) (2006) Leading Issues in Economic Development Oxford University Press, New York Section VII Sachs J (2005) The End of Poverty: How We Can Make it Happen in our Lifetime Penguin, London Secondi G (ed.) (2008) The Development Economics Reader Routledge, London Part 3 Sen A (1999) Development as Freedom Oxford University Press, New York Todaro, M, and Smith S (2009) Economic Development Addison-Wesley, London, – Chapter 5 World Bank (2005) Pro-Poor Growth in the 1990s: Lessons and Insights from 14 Countries World Bank, Washington DC (link on Blackboard) There is a very useful set of downloadable readings available from the World Bank Poverty Net site – see: http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTPOVERTY/EXTPGI/0,,contentM DK:20161268~pagePK:210058~piPK:210062~theSitePK:342771,00.html (link on Blackboard) Data on poverty and inequality can be found on: http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTPOVERTY/0,,contentMDK:2020 5999~menuPK:497973~pagePK:148956~piPK:216618~theSitePK:336992,00.html (link on Blackboard)