University of San Diego School of Business Administration ECON 337 ECONOMIC DEVELOPMENT OF ASIA Dr. Kokila Doshi Office: OH 110 Phone: (619) 260-4843 E-mail: kdoshi@sandiego.edu Office Hours: Th: 10:40 – 12:40PM Wed: 12:00 – 3:00PM or by appointment Course Description An analysis of the determinants of economic development and growth in Asia and the Pacific Rim, along with associated problems and policies. Topics include theories and policies concerning industry, agriculture, domestic savings and investment, human resources, international trade, foreign capital, and external debt. Prerequisite: ECON 102. Course Objective The course aims at exposing students to the economic and socio-cultural characteristics of the countries in Asia and Pacific region. More specifically, it endeavors to increase an awareness of the issues and policies associated with the development experience of various countries in the region. Special emphasis will be given to the UN millennium goals of poverty alleviation and environmental sustainability. Learning Objectives Students will be able to: Explain and evaluate one’s own cultural background, while comparing and valuing cultures of distinct others. Review cultural differences and apply different theoretical frameworks from existing research in the analysis of a specific issue or a country. Construct and devise alternative solutions to an issue or problem in relation to countryspecific, location specific or historical context. Understand global interdependence and its effects on a country’s economic development and government policies; with an awareness of poverty and marginalized groups. Increase awareness of and knowledge about cultural worldview frameworks, particularly as they relate to value system and conflict management. Develop written and oral communication skills, along with professional skills of survey taking techniques. Course Method This class will be taught using a varied format: lectures, interactive discussions, international experiences and the experiences of the students and the instructor. Meaningful student participation, reflection on critical issues and oral presentations are highly encouraged. A guest speaker from South Korea will be invited to provide a first- hand perspective on South Korea’s economic growth. Course Material “Economic Development in Asia” by Malcolm Dowling and Ma R. Valenzuela (2nd Edition) “Economic Development in the Third World” by M. Todaro (10th Edition) World Bank Tables Asian Development Bank Resources Videos and Film Course Requirements and Grading Points % Midterm Exam 100 25% Final Exam 100 25% Policy Paper 100 25% Conflict Management Survey 60 15% Reflection Assignments 40 10% Total 400 100% Examinations Examinations will include essay questions. You will be required to include data/statistics and graphs in your answers. The final exam will cover all material subsequent to the midterm exam. All the exams must be taken when they are scheduled. (i.e. neither earlier nor later) No make-up exams will be given unless prior arrangements are made. Ten points will be deducted from your score on a make-up exam. The date for the final exam is announced well in advance. Permission to take the final exam at any time other than that which is scheduled is almost never granted. Policy Paper Each student is required to submit a (10-12 page) policy paper. Part 1 of the policy paper requires you to provide key statistics on the economic development of a selected Asian country. For Part II, you will be required to select a development problem faced by the selected country, critically examine the current policy solutions and recommend alternative solutions based on the short-comings of the current policy. Specific guidelines for the assignment are forthcoming. Conflict Management Survey Students will survey 5 individuals (two from the U.S. and 3 from different Asian countries) and write a report (4-5 pages) on how they manage conflicts and the role of their culture (religion, education, gender, or any other dimension of diversity). For the survey, you will be required to prepare about 5-6 questions and a hypothetical scenario of conflict. More details will be provided during the semester. Reflection Assignments Two assignments will be given during the semester. You will be asked to evaluate tradeoffs involved in a specific development policy and to make a choice, reflecting on the consequences for marginalized groups or less developed countries. Course Conduct Academic Integrity Ethical behavior is expected of all the students. Acts of academic dishonesty are taken seriously and dealt with harshly. Please refer to the Undergraduate Bulletin for more information on the Policy. Cheating on the class assignments or unauthorized assistance or collaboration on examinations will automatically result in grade F for the course. Attendance and participation Regular attendance and meaningful class participation are highly encouraged. More than two days of missed classes will lower your grade, as two points will be deducted for each additional absence. Expectations for Preparation Keep up with the readings. Late submissions are subject to penalty. Allow enough lead time for assignments so that you can prepare a quality product. If you need any additional help, please stop by my office during my office hours. An attitude of “excellence in learning” is expected. Special Assistance Students with special needs who require specific examination-related or other course related accommodations should contact Director of Disability Services at 619-260-4655 (see http://www.sandiego.edu/disability). This office will provide the student with a letter for the instructor that will specify any recommended accommodations. The university also offers student counseling services, available at the Counseling Center at 619-260-4655. School of Business Administration Mission Statement To develop socially responsible business leaders with a global outlook through academically rigorous, relevant and values-based education and research. Course Outline Week 1 Dates 9/2 Topic Where in the World is Asia? - Game Introduction and Overview UN Millennium Goals Reading 1(a), 1(b) 2 9/7 Characteristics of Developing Countries 2(a), 1(b) 9/9 Measuring Development 2(a), 1(b) 3 9/14 9/16 3(a)*,2(b)* 4(a)*, 2(b) 4 9/21 9/23 Theories of Economic Growth Big Push Theory, Asian Growth Miracle Policy Paper Part 1 – Country Profile Due 9/16 Poverty, Inequality and Development Kuznet’s Hypothesis, Measurement of Poverty 5 9/27 9/29 Population and Economic Development Demographic Transition, Malthusian Population Trap 6(a), 8(b) 6(a), 8(b) 6 10/5 10/7 7(a), 5(b) 7(a), 5(b) 7 10/12 10/14 Urbanization and Migration Labor Migration in Asia Midterm Exam 1 10/7 Human Capital -Education Human Capital -Health 8 10/19 10/21 Environment, Development & Poverty Sustainable Development in Asia 10(a), 12(b) 10(a), 12(b) 9 10/26 10/28 7(b) 3(b) 10 11/2 11/4 Saving and Financial Systems Asian Financial Crisis Conflict Management Survey Due 10/28 International Trade Policy Export Promotion v. Import Substitution 11 11/9 11/11 External Debt and Debt Crisis IMF and Debtor Countries 13(a) 13(a) 12 11/16 11/18 Foreign Capital Role of Multinationals in Development 14(a), 11(b) 14(a), 11(b) 13 11/23 11/25 Foreign Aid Thanksgiving Holiday 14(a), 11(b) 5(a), 9(b) 5(a), 9(b) (a) 8(a), 10(b) (b) 8(a), 10(b) 15(a), 6(b) 15(a), 6(b) Week Dates 14 11/30 12/2 South Korea, Taiwan – Role of State Singapore, Thailand Handouts Handouts 15 12/7 12/9 Malaysia, Philippines India, China Policy Paper Part II Due 12/9 Final Exams (Dec 15-21) Handouts Handouts 16 Topic Reading * - Selected topics or overview (a) (b) Todaro Dowling This course outline is meant to be tentative. Changes may be made, if necessary, as the semester unfolds.