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