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 |
| Enseignants | Bazillier Remi, Toure Nouhoum |
| Groupes utilisateurs inscrits | Consultation des ressources, participation aux activités :
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Rattachements à l'offre de formation
| Élément pédagogique | UP1-C-ELP-B40B0219 - Development macroeconomics |
| Chemin complet | > Année 2023-2024 > 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 2023-2024 > Paris 1 > École d'économie de la Sorbonne > Master 1 Economie internationale et environnement > semestre 2 > UP1-C-ELP-B4E0B419 Référence cassée > UP1-C-ELP-B40B5619 Référence cassée > Development macroeconomics |
| Élément pédagogique | UP1-C-ELP-B40B0219 - Development macroeconomics |
| Chemin complet | > Année 2023-2024 > 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 2023-2024 > 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 2023-2024 > Paris 1 > École d'économie de la Sorbonne > Master 1 Economie appliquée > semestre 2 > UE2 Approche analytique et thématique > Option autre mention > Development macroeconomics |