B40B0219 - Development macroeconomics - Cours magistral;B40B0219 - Development macroeconomics - Cours magistral;B40B0219 - Development macroeconomics - Cours magistral;B40B0219 - Development macroeconomics - Cours magistral;B40B0219 - Development macroeconomics - Cours magistral

Intitulé du Cours : Development Economics (Macro)

Diplôme / Année : Master 1 Economie du Développement

Volume Horaire et nombre de séances : 36h

Modalités d’examen : Final exam

 

Instructors/Enseignants: Rémi Bazillier and Nouhoum Toure

 

Course description/objectif du cours

The course deals with a number of important questions from the perspective of developing countries. It starts with a general introduction presenting the structural features of developing countries and the evolution of inequality between and within countries both comparatively and in reference to history. The following questions are then studied: inequality, redistribution and development; the “big push” theory and industrialization policies; rural-urban migration and urbanization; institutions and development; development aid and governance. The course is based on development textbooks and on a series of required readings (i.e., they are part of the material to be studied for the final exam).

Textbooks:

Michael P. Todaro & Stephen C. Smith (2011), Economic Development, Addison-Wesley, 11e edition

Ray, Debraj: Development Economics, Princeton University Press.

Easterly, William: The Elusive Quest for Growth: Economists’ Adventures and Misadventures under the Tropics, MIT Press.

Basu, Kaushik: Analytical Development Economics, MIT Press.

Jared Diamond: “De l’inégalité parmi les sociétés” (traduction de “Guns, Germs and Steel”, Penguin Books)

 

 

Plan du Cours / Course outline :

 

Part 1 (Nouhoum Toure)

1.      Introduction: between and within-country inequality

1.1. Between-country inequality: historical and comparative perspective

1.2. International comparisons of living standards: development indicators

1.3. Theories of economic development

 

Readings:

Daron Acemoglu: “Root causes: A historical approach to assessing the role of institutions in economic development”, Finance and Development, June 27-30, 2003.

Jared Diamond: “Guns, Germs and Steel”, Parts I and II.

 

2. Theories of Poverty Traps

2.1. Poverty trap as a result of financial market failure

2.2. Preferences and poverty trap

2.3. Anti-Poverty Policies

2.4. Poverty traps and anti-poverty Policies : an application to women empowerment.

 

Readings:

Balboni, C. A., Bandiera, O., Burgess, R., Ghatak, M., & Heil, A. (2021). Why do people stay poor? (No. w29340). National Bureau of Economic Research.

Ghatak, M. (2015). Theories of poverty traps and anti-poverty policies. The World Bank Economic Review, 29(suppl_1), S77-S105.

3.      Inequality and development

3.1. Is inequality good or bad for growth?

3.2. The functional role of inequality.

3.3. Empirical analysis: the causal link between inequality and development

Readings:

Galor, O., & Zeira, J. (1993). Income distribution and macroeconomics. The review of economic studies, 60(1), 35-52.

Galor, Oded and Omer Moav, 2004, ”From Physical to Human Capital Accumulation: Inequality and the Process of Development,” Review of Economic Studies, 71(4), 1001-1026.

Galor, O., Moav O. and D. Vollrath, (2009), "Land Inequality and the Emergence of Human Capital Promoting Institutions and the Great Divergence" Review of Economic Studies, 76. 143-179.

4.      Rural-urban migration and urbanization.

4.1.The model of a dual economy by Lewis (1954)

4.2.The Harris and Todaro (1970) model

4.3.Endogenizing the urban-rural wage gap (Stiglitz, 1974)

Readings:

Basu, Chapitres 7-9


 

Part 2 (Rémi Bazillier)

 


Chapter 1: Fundamental determinants of development

 

1. Geography

Direct and Indirect Effects

The Resource curse

 

2. Economic Integration

Frankel and Romer (1999)

Dollar and Kray (2004)

Feyrer (2019)

 

3. Institutions

Hall and Jones (1999)

Acemoglu, Johnson and Robinson (2001)

Rodrik, Subramavian, Trebbi (2004)

 

Chapter 2: Historical Determinants of development

 

1. Explaining persistence

 

Culture and Institutions

Multiple Equilibria (Nunn 2007)

 

2. Reversal of Fortune

3. Slave Trade

4. Colonization and Legal Origins


Informations sur l'espace de cours

Nom Development macroeconomics - Cours magistral
Nom abrégé UP1-C-ELP-B40B0219-05 - Cours magistral
EnseignantsBazillier Remi, Toure Nouhoum
Groupes utilisateurs inscrits Consultation des ressources, participation aux activités :
  • [2021] EES - Matière (M1-S2) : Development macroeconomics (groups-matiB40B0219-2021)
Consultation des ressources uniquement : aucune cohorte inscrite.

Rattachements à l'offre de formation

Élément pédagogique UP1-C-ELP-B40B0219 - Development macroeconomics
Chemin complet > Année 2022-2023 > Paris 1 > École d'économie de la Sorbonne > Master 1 Economie du développement > Semestre 2 > UE1 Cours fondamentaux > Development macroeconomics
Élément pédagogique UP1-C-ELP-B40B0219 - Development macroeconomics
Chemin complet > Année 2022-2023 > Paris 1 > École d'économie de la Sorbonne > Master 1 Economie internationale et environnement > semestre 2 > UE4 Options et mémoire > Choix options > Development macroeconomics
Élément pédagogique UP1-C-ELP-B40B0219 - Development macroeconomics
Chemin complet > Année 2022-2023 > Paris 1 > École d'économie de la Sorbonne > Master 1 Econométrie, statistiques > Semestre 2 > UE3"Langues, et un cours de M1 > Choix options > Development macroeconomics
Élément pédagogique UP1-C-ELP-B40B0219 - Development macroeconomics
Chemin complet > Année 2022-2023 > Paris 1 > École d'économie de la Sorbonne > Master 1 Sciences Economiques et Sociales > Semestre 2 > UE2 enseignements thématiques > Autre cours M1 EES > Development macroeconomics
Élément pédagogique UP1-C-ELP-B40B0219 - Development macroeconomics
Chemin complet > Année 2022-2023 > Paris 1 > École d'économie de la Sorbonne > Master 1 Economie appliquée > semestre 2 > UE2 Approche analytique et thématique > Option autre mention > Development macroeconomics