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
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
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 – 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):
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: