Development Economics II - Preliminary Reading List
1. Introduction: Economics of Development
Meier and Ranch (2005), Leading issues in Development Economics, Section C, pp. 73-80.
Stern, N. (1989), ‘The Economics of Development: A Survey’, Economic Journal, 99, pp. 597-685.
Thirlwall, A.P. (2003), Growth and Development, Chapter 1, Palgrave McMillan.
Toye, J. (2003), ‘Changing Perspectives in Development Economics’ in Chang, H. J. (ed.), Rethinking Development Economics, Anthem Press.
2. Economic Growth
Barro, R. The Determinants of Economic Growth, MIT: The MIT Press, Chs 1-3.
Dowrick, S. and B. De Long (2001), ‘Globalisation and Convergence’, available at Steve Dowrick’s website: http://ecocomm.anu.edu.au/people/ (click on link to Dowrick)
Easterly, W. The Elusive Quest for Growth, The MIT Press, Chs 1-3.
Jones, C.I. Introduction to Economic Growth, Chs1-2.
Kenny, C. & Williams, D. (2001), ‘What do we know about economic growth: or why don’t we know very much?’, World Development, 29, 1, pp. 1-23.
Mankiw, N.G., D. Romer and D. Weil (1992), “A Contribution to the Empirics of Economic Growth”, The Quarterly Journal of Economics, 107, pp. 407-438.
Romer, P. (1992), ‘Two Strategies for Economic Development: Using Ideas and Producing Ideas’, World Bank Annual Conference in Development Economics.
Temple, J. (1999), ‘The New Growth Evidence’, Journal of Economic Literature (available online), Vol. 37, pp. 112-156.
3&4 Poverty and Economic Growth
www.worldbank.org/poverty/inequal
Bigsten, A. and Fosu, A.K. (1994) ‘Part 1: Growth and Poverty in Africa – Growth and Poverty in Africa: An Overview’ Journal of African Economies Vol. 13(1):1-15.
Blackwood, D.L. and Lynch, R.G. (1994) ‘The Measurement of Inequality and Poverty: A Policymaker’s Guide to the Literature’ World Development 2 (5): 567-78.
Francios B. (2003) ‘The Poverty-Growth-Inequality Triangle’ www.econ.worldbank.org/files/33412_ICRIER_paper-final.pdf.
Chen, S. and Ravallion, M. (2004) ‘How have the world’s poorest fared since the early 1980’s?’ Development Research Group, World Bank: www.worldbank.org/research/povmonitor/MartinPapers/How_have_the_poorest_fared_since_the_early_1980s.pdf .
Christianesen, L, Demery, L. and Paternostro, S. (2003) ‘Macro and Micro Perspectives of Growth and Poverty in Africa’ World Bank Economic Review 17: 317-347.
Datt, G. and Ravallion, M. (1992) ‘Growth and Redistribution Components of Change in Poverty Measures: A Decomposition with Applications to Brazil and India in the 1980s’ Journal of Development Economics 38(2): 275-295.
Lipton, M. and Ravallion, M. (1995) ‘Poverty and Policy’ in J. Behrman and T. N. Srinivasan (eds), Handbook of Development Economics, Vol. IIIB (Amsterdam: Elsevier).
Rodrik, D. (2003) ‘Growth Strategies’ a paper for the Handbook of Economic Growth, mimeo, Harvard University: www.ksghome.harvard.edu/~drodrik/growthstrat10.pdf.
UNDP (2003) Human Development Report 2003: Millennium Development Goals: A Compact Among Nations To End Human Poverty (New Work: Oxford University Press).
UNDP (2004) Human Development Report 2004: Cultural Liberty in Today’s Diverse World (New Work: Oxford University Press).
5. Poverty and Health
Chronic Poverty Research Centre (2004 and 2009) The Chronic Poverty Report 2004-2005, Manchester, Institute for Development Policy and Management. (Downloadable from www.chronicpoverty.org)
Dollar, David and Kraay (2001) ‘Growth is good for the poor’. Mimeo, Washington DC: World Bank.
Kyegombe, N. (2003) ‘Health and chronic poverty’, Background Paper to the Chronic Poverty Report 2004-5, available at www.chronicpoverty.org
Lawson, David (2004), “How Important is Health in Influencing Persistent Poverty: Evidence from Uganda”, Chronic Poverty Research Working Paper No. 41, http://idpm.man.ac.uk/cprc/pdfs/lawsioncpovertyandhealthcprcpworkingpaper.pdf
Nussbaum, M. (2000) Women and Human Development: the Capabilities Approach. Cambridge, Cambridge University Press.
Pritchett, L. and Summers, L.H. (1996) ‘Wealthier is Healthier’, Journal of Human Resources 31(4): 841-868.
Wagstaff, Adam (2004), ‘Health and Poverty, What’s the Problem?, What to Do?”, http://www1.worldbank.org/hnp/hsd/ViewPoint_WagstaffFebruary03.asp,
World Health Organisation (2002) ‘Chronic Poverty, Health and HIV/AIDS’, Geneva: WHO.
World Bank (1993), World Development Report, - Investing In Health, Washington D.C.: World Bank
6. Public expenditure in developing countries
Public expenditure and finance. Growth and determinants. The size and composition of the public sector, growth and development.
Alesina, A. (1999). Too Large and too Small Governments. Economic Policy and Equity. V. Tanzi, K.-y. Chu and S. Gupta. Washington DC, International Monetary Fund: 216-234.(*)
Barro, R. J. (1991). “Economic Growth in a Cross Section of Countries.” Quarterly Journal of Economics 106(May): 407-443.
Cullis, J. G. and P. R. Jones (1992). Public Finance and Public Choice. London, McGraw-Hill, ch.14.
Meier, G. M. and J. E. Rauch, Eds. (1995). Leading Issues in Economic Development. Oxford, Oxford University Press, ch.10.
Rosen, S. and B. A. Weinberg (1998). Incentives, Efficiency, and Government Provision of Public Services. Annual World Bank Conference on Development Economics 1997. B. Pleskovic and J. E. Stiglitz. Washington DC, The World Bank: 139-177.(*)
Stiglitz, J. E. (1997). The role of government in economic development. Annual World Bank Conference on Development Economics 1996. M. Bruno and B. Pleskovic. Washington DC, The World Bank: 11-26.(*)
Stiglitz, J. E. (1998). The role of government in the contemporary world. Income Distribution and High Quality Growth. V. Tanzi and K.-y. Chu. London, MIT Press.
Tanzi, V. (2000). Globalization and the Future of Social Protection,IMF Working Paper WP/00/12, Washington DC, IMF (*)
Tanzi, V. and L. Schuknecht (1997). “Reconsidering the Fiscal Role of Government: the International Perspective.” American Economic Review 87(May): 164-168.
Stiglitz, J. E. (2000) Economics of the Public Sector, Third edition. London: Norton, Ch. 6.
7. Taxation in developing countries
Principles of taxation and tax structure in developing countries. Tax evasion and the informal economy. Tax revenues and incentives: taxes on labour. Tax reform in developing countries.
Focus: Payroll taxes and the informal economy
Burgess, R. and N. Stern (1993). “Taxation and Development.” Journal of Economic Literature 31: 762-830.(*)
Connolly, S. and A. Munro (1999). Economics of the Public Sector. London, Prentice Hall, chs. 10-13.
Cullis, J. G. and P. R. Jones (1992). Public Finance and Public Choice. London, McGraw-Hill, chs.7,8.
Feldstein, M. (1996). “The Missing Piece in Policy Analysis: Social Security Reform.” American Economic Review 86(2): 1-14.
Lemieux, T., B. Fortin, et al. (1994). “The effects of taxes on the underground economy.” American Economic Review 84(1): 231-254.
Portes, A., M. Castells, et al., Eds. (1989). The Informal Economy. Studies in Advanced and Less Developed Countries. Baltimore, The John Hopkins University Press.
Squire, L. and S. Suthiwart-Narueput (1997). “The Impact of Labour Market Regulations.” World Bank Economic Review 11(1): 119-143.
Summers, L. (1989). “Some Simple Economics of Mandated Benefits.” American Economic Review 79(2): 117-183.
Thirsk, W., Ed. (1997). Tax Reform in Developing Countries. Washington DC, The World Bank.
Weiss, J. (1995). Economic Policy in Developing Countries. The Reform Agenda. London, Prentice Hall/Harvester Wheatsheaf, ch.7.
Stiglitz, J. E. (2000) Economics of the Public Sector, Third edition. London: Norton, Chs. 18,19.
Tanzi,V. and H.H. Zee (2000) Tax policy for emerging markets, IMF Working Paper WP/00/35 March (http://www.imf.org/external/pubs/ft/wp/2000/wp0035.pdf)
8.& 9 Privatisation and Regulation
Privatisation of public enterprises and regulation. Models of regulation.
Bitran, E. and P. Serra (1998). “Regulation of Privatised Utilities: The Chilean Experience.” World Development 26: 945-962.
Connolly, S. and A. Munro (1999). Economics of the Public Sector. London, Prentice Hall, chs.21,22.
Cook, P. (1999). “Privatization and Utility Regulation in Developing Countries: The Lessons so far.” Annals of Public and Cooperative Economics 70(4): 549-587.(*)
Cook, P. and C. Kirkpatrick (1988). Privatisation in Less Developed Countries. Brighton, Harvester Wheatsheaf.
Cullis, J. G. and P. R. Jones (1992). Public Finance and Public Choice. London, McGraw-Hill, ch.5.
Estache, A., A. Gomez-lobo, et al. (2001). “Utilities privatization and the Poor: Lessons and Evidence from Latin America.” World Development 29(7): 1179-198.(*)
Joskow, P. L. (1999). Regulation priorities for infrastructure sector reform in developing countries. Annual World Bank Conference on Development Economics 1998. B. Pleskovic and J. E. Stiglitz. Washington DC, The World Bank: 191-223.
Pinheiro, A. and B. Schneider (1995). “The fiscal impact of privatisation in Latin America.” Journal of Development Studies 31(5).
Plane, P. (1997). “Privatisation and economic growth: An empirical investigation from a sample of developing market economies.” Applied Economics 29.
Vickers, J. and G. Yarrow (1988). Privatisation: An Economic Analysis. Cambridge MA, MIT Press.
Weiss, J. (1995). Economic Policy in Developing Countries. The Reform Agenda. London, Prentice Hall/Harvester Wheatsheaf, ch.5.
Cook, p. & Kirkpatrick, C. (2002), ‘Privatisation’ in Clarke, R., Kirkpatrick, C., & Polidano, C. (eds), Handbook in Development Policy and Management
Parker, D. & Kirkpatrick, C. (2003), ‘Privatisation in Developing Countries: A Review of the Evidence and the Policy Lessons’ CRC Working Paper, No. 55 (www.idpm.man.ac.uk/crc)
Kessides, N. (2004), Reforming Infrastructure: Privatisation, Regulation and Competition, World Bank Policy Research Reports, Chapters 1, 2 & 6.
Kirkpatrick, C., Parker, D. & Zhang, Y.F. (2004), ‘Foreign Direct Investment in Infrastructure in Developing Countries: Does Regulation Make a Difference?’ CRC Working Paper, No. 90 (www.idpm.man.ac.uk/crc)
Education and training AND Public Expenditure Tracking Systems (PETS).
Education, training, and economic development. Human capital theory. The returns to education. Education financing and provision. Market failure in training. Financing training: general vs. firm specific skills.
Focus: Rates of return to education in developing countries
Seminar: Should developing countries subsidise higher education?
Barr, N. (2001). The Welfare State as a Piggy Bank. Information, Risk, Uncertainty and the Role of the State. Oxford, Oxford University Press, Part 4.
Behrman, J. R. (1987). “Schooling in Developing Countries: Which Countries are the Under- and Overachievers and What is the Schooling Impact?” Economics of Education Review 6(2): 111-128.
Connolly, S. and A. Munro (1999). Economics of the Public Sector. London, Prentice Hall, ch.20.(*)
Grindle, M. S. (1996). Challenging the State. Crisis and Innovation in Latin America and the Caribbean. Cambridge, Cambridge University Press.
Hanushek, E. (1986). “The Economics of Schooling: Production and Efficiency in Public Schools.” Journal of Economic Literature 24(3): 1141-1177.
Meier, G. M. and J. E. Rauch, Eds. (1995). Leading Issues in Economic Development. Oxford, Oxford University Press, ch.6F.
Psacharopoulos, G. (1985). “Returns to Education: A further international update and implications.” Journal of Human Resources 20(4): 583-597.
Psacharopoulos, G. (1987). “Education and Development: A Review.” World Bank Research Observer 3(1): 99-116.(*)
Szirmai, A. (1997). Economic and Social Development. London, Prentice Hall, ch.6.
Stiglitz, J. E. (2000) Economics of the Public Sector, Third edition. London: Norton, Ch. 16.
10. Health
The growth of health expenditures and economic development: the epidemiological and demographic transitions in developing countries. Health status, income and wealth. The economics of health financing and provision. Market failures in health insurance: moral hazard, adverse selection, and supplier-induced demand. Incentives for cost containment in health care provision. Institutional reform, and inequality, in health care provision.
Focus: How to best organise health insurance?