Reading list
The course mainly draws on journal articles and excerpts from journal articles found in the book by Meier and Rauch. For those who find reading journal articles difficult, it is advisable to start by reading the appropriate section in Ray’s book. Notice however that the course goes beyond Ray.
Books:
Meier, G. M. & Raunch J. E., 2005, Leading Issues in Economic Development, Oxford University Press Inc. 8th edition.
Bardhan, P. & Udry, C. , 1999, Development Microeconomics. Oxford University Press Inc.
Ray, D., 1998, Development Economics, Princeton University Press. (Additional reading)
Articles:
Acemoglu, Daron and Robinson, James A. (2000) Why Did the West Extend the Franchise? Democracy, Inequality, and Growth in Historical Perspective. Quarterly Journal of Economics. 115(4): p 1167-1199.
Banerjee, A. V., and E. Duflo, Growth Theory through the Lens of Development Economics. Ch 7 in: Philippe Aghion and Steven N. Durlauf, Editor(s), Handbook of Economic Growth, Elsevier, 2005, Volume 1, Part 1, , Pages 473-552.
Banerjee, A.V., P. Gertler and M. Ghatak (2002): Empowerment and Efficiency - Tenancy Reform in West Bengal, Journal of Political Economy.
Besley, T. and R. Burgess(2000): Land Reform, Poverty and Growth: Evidence from India Quarterly Journal of Economics, 115(2), pp. 389-430
Burgess, R., and R. Pande: Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment American Economic Review, 95(3), 2005.
Ghatak, M. and N.-H. Jiang (2002): A Simple Model of Inequality, Occupational Choice and Development. Journal of Development Economics, Vol. 69, No. 1, October.
Kremer, M. (1993) The O-Ring Theory of Economic Development Quarterly Journal of Economics. 108(3): p 551-575.
Murphy, K A Shleifer and R. Vishny (1989) Industrialization and the big push, Journal of Political Economy 97, p 1003-1026.
Rodrik, D (1991) Policy Uncertainty and Private Investment in Developing Countries Journal of Development Economics. 36(2): p 229-42.
Rosenzweig, M. R. and K. I. Wolpin (1993): Credit Market Constraints, Consumption Smoothing, and the Accumulation of Durable Production Assets in Low-Income Countries: Investments in Bullocks in India Journal of Political Economy 101: 223-244.
Townsend, Robert (1994), Risk and Insurance in Village India. Econometrica 62(3), 539–591
Shaban, R. (1987): Testing between alternative models of sharecropping, Journal of Political Economy, 95(5) pp. 893-920
Reports:
World Bank (recent) World Development Report.
United Nations Development Program (recent) Human Development Report.
The core of the syllabus is defined by the topics covered and the questions raised at the lectures. Detailed reading instructions will is given as part of the lecture plan.