Economic Development

This page is for the Economic Development course at UPNG, Semester 2, 2015.

Course Outline – Economic Development, Semester 2, 2015

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You may be interested in my recent blog post at the Development Policy Centre about teaching economics at UPNG: http://devpolicy.org/economics-at-the-university-of-papua-new-guinea-2015-20150703/

Week 1

Economic Development – Lecture 1 – Introduction to Development Economics

Reading Wk 1 – Mahbub ul Haq – The Human Development Paradigm; Giorgio Secondi (Ed), The Development Economics Reader

Reading Wk 1 – Sachs, Mellinger & Gallup – The Geography of Poverty and Wealth; Chari & Corbridge (Eds), The Development Reader

Week 2

Economic Development – Lecture 2 – Features of Developing Countries

Economic Development – Lecture 3 – Growth Theories I

Week 3

Economic Development – Lecture 4 – Growth Theories II

A link to the chapter on Classical Growth Theories from an earlier edition of our textbook (covers from Linear stages to Neoclassical growth model)

Economic Development – Lecture 5 – Growth Theories III

A link to the chapter on Contemporary Growth Theories from an earlier edition of our textbook

Week 4

Economic Development – Lecture 6 – Income Inequality and Growth

Reading – Amartya Sen , Poverty as Capability Deprivation, from ‘Development as Freedom’

Economic Development – Lecture 7 – Population

Week 5

Economic Development – Lecture 8 – Agriculture

Economic Development – Lecture 9 – Education

Week 6

We had the lecture based on Paul Flanagan’s slides – apologies, but not for distribution at this time!

Economic Development – Lecture 10 – Migrant Workers and Economic Growth in China (courtesy of Prof. Andrew Watson)

Week 7

Economic Development – Lecture 11 – Health

Economic Development – Lecture 12 – Environment

Optional Reading: Bryant Allen, Food Risks in PNG – Lessons from 1997, DevPolicy Blog, Australian National University, 26 August 2015

Week 8

For the lecture slides on Migrant Workers and Economic Growth in China, see Week 6 above.

Economic Development – Lecture 13 – Economic Governance

Week 9

No classes

Week 10

Reading – Institute of Development Studies [Poverty Insights], Cash Transfers; To Condition or not to Condition

Economic Development – Lecture 14 – Gender, Child Poverty, Income Support (courtesy of Dr. Judith Streak)

Reading – Anne Krueger, Why Trade Liberalization is Good for Growth, The Economic Journal – Copy

Week 11

Economic Development – Lecture 15 – International Trade

PNG Overview September 2015 presentation; The paper that the presentation refers to is currently the first link under the tab ‘Publications’.

Week 12

Economic Development – Lecture 16 – Balance of Payments and Macroeconomic Stability

Economic Development – Lecture 17 – Foreign Investment

Week 13

Economic Development – Lecture 18 – Financial Systems and Microfinance

Economic Development – Lecture 19 – International Aid

Reading – Jeffrey Sachs, Common Wealth (Chapter 14; The Power of One)

Economic Development – Lecture 20 – Fiscal Policy

 

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Assignment II links:

An example of an Asian Development Bank Poverty Reduction Strategy:

http://www.adb.org/documents/papua-new-guinea-country-partnership-strategy-2011-2015

…but please don’t just copy their conclusions!!  Use your own brains, you’ll do much better!

Here’s a summary from the World bank on what Poverty Reduction Strategies actually are (try to just ignore the jargon):

http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTPOVERTY/EXTPRS/0,,contentMDK:22283891~menuPK:384209~pagePK:210058~piPK:210062~theSitePK:384201,00.html

And another summary of what a Poverty Reduction Strategy is, from Wikipedia (yes, I know!):

https://en.wikipedia.org/wiki/Poverty_Reduction_Strategy_Paper

And since I’m sending you to Wikipedia (why oh why!!), here’s an article on what an executive summary is:

https://en.wikipedia.org/wiki/Executive_summary