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ECON10002 Introduction to Development

Introduction: An introduction to the course and to development at Manchester

The origin of the term "Economic Development" Arndt, H.W. (1981) Economic Development: A Semantic History, Economic Development and Cultural Change, Volume 29, Number 3, April 1981

The Meaning of Development Thirlwall, A (2003) Growth and Development: With Special Reference to Developing Economies, Palgrave 7th Ed. - Chapter 1 The Study of Development Colman, D and Nixson, F (1994) Economics of Change in Less Developed Countries, Harvester Wheatsheaf – Chapter 1 section 1.1 What is Development The Measurement of Development Thirlwall, A (2003) Growth and Development: With Special Reference to Developing Economies, Palgrave 7th Ed. - Chapter 2 The Development Gap and Measurement of Poverty Colman, D and Nixson, F (1994) Economics of Change in Less Developed Countries, Harvester Wheatsheaf - Chapter 1 section 1.2 Measuring Development and 1.3 Conclusion UNDP's Human Development Reports (see the website)

Development as Freedom Sen, Amartya (1999) Development as Freedom, Oxford

International Institutions and Development UN, World Bank, International Monetary Fund, World Trade Organization Stiglitz, J. (2002) Globalization and its Discontents, Penguin

Policies for Development Chang, Ha-Joon (2007) The Bad Samaritans:

Economics as Development Dasgupta, Partha (2007) Economics: A Very Short Introduction, Oxford

ECON20321 Alternative Perspectives on Developing Countries

Introduction Characteristics of Underdevelopment (Chapter 3, Thirlwall) Basic Needs (Chapter 3, Thirlwall) Structural Change (Chapter 3, Thirlwall) - Stages theories - Industrialisation and Growth: Kaldor's "growth laws" Theories of Economic Growth (Chapter 4, Thirlwall) - Classical - Harrod-Domar - Neo-classical - Endogenous Land, Labour and Agriculture (C5, Thirlwall) - Role of Agriculture in Development - Lewis Model - Lewis's Article Resource Allocation in Developing Countries (C9, Thirlwall)

ECON20332 Developing Countries in the International Economy

International trade and finance policy choices facing policy-makers in developing countries

Lecture 1	INTRODUCTION: DEVELOPMENT OF LDCs IN THE INTERNATIONAL CONTEXT : EFFECTS OF POPULATION GROWTH ON DEVELOPMENT (by Katsushi Imai) Introduction to basic theories, Reviews of Population trends, problems and policies.

Lecture 2	FOREIGN AID FOR DEVELOPMENT (by Katsushi Imai) The Impact of aid on economic growth.

Lecture 3	DEBT CRISIS (by Katsushi Imai) The debt crisis: causes; consequences; and possible solutions.

Lecture 4	MACRO-ECONOMIC REFORM PROGRAMMES IN LDCs- Policy Perspectives (by Katsushi Imai) Effects of World Bank structural adjustment programmes and International Monetary Fund (IMF) stabilisation programmes on development and Poverty in LDCs;

Lecture 5	TRADE AND DEVELOPMENT :THEORY (by Indranil Dutta) Introduction to International trade as an engine of growth for LDCs and the issues surrounding free trade.

Lecture 6	TRADE AND DEVELOPMENT: EMPIRICS (by Indranil Dutta) Broad empirical evidence and case studies on economic growth.

Lecture 7	 INDUSTRIALISATION STRATEGIES AND DEVELOPMENT (by Indranil Dutta) Basic concepts of Industrialisation and Development along with an introduction to ISI (Import substituting industrialisation) and EOI (Export orientated Industrialisation Lecture 8        FOREIGN DIRECT INVESTMENT (FDI) (by Indranil Dutta)		A broad discussion of the role of FDI in development

READING LIST

The basic textbooks for this module are:

Todaro, M. and S. C. Smith (2002)*, Economic Development, 8th edition, Longman

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