ECON 518T(S) Development Successes (Same as Economics 467T) (W)

ECON 467T(S) Development Successes (Same as Economics 518T) (W)
Although living standards in most of the worlds poor countries have increasingly fallen behind those of the rich industrial countries, a relatively small number of countries that were quite poor in the middle of the last century have achieved dramatic improvements in their incomes since then. These development successes include countries such as Japan, the four dragons (Hong Kong, Korea, Singapore, and Taiwan), the MIT economies (Malaysia, Indonesia, and Thailand), the Asian giants of China and India, as well as non-Asian economies as diverse as Botswana, Chile, and Turkey. This tutorial will explore why these countries have apparently succeeded where many other poor countries have failed. A particular focus of the course will be on extracting insights from the experiences of these success cases about the broad development strategies that have been advocated over the past 50 years by scholars as well as by the international financial institutions.
Format: tutorial. Methods of evaluation; students will write five papers during the term, and will prepare and deliver formal comments on five papers written by other students.
Prerequisites: Economics 204 or 501. Enrollment limit: 10 (expected: 10). Preference given to senior majors,
Tutorial meetings to be arranged. MONTIEL