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Development Contexts, Debates and Experiences

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Course Type Course Code No. Of Credits
Foundation Core NA 4

Course Coordinators and Team: Sumangala Damodaran, Partha Saha

Email of the Course Coordinators :  Sumangala Damodaran sumangala[at]aud[dot]ac[dot]in; Partha Saha partha[at]aud[dot]ac[dot]in 

About the course:    This course is designed to familiarise students with some major historical development debates and with reading development thought and practice critically. The core of the course is designed to give students a foundation in basic development paradigms like Keynesianism, Challenges to Keynesianism, Neoclassical Economics and the Washington Consensus, New Institutional Economics and the Post-Washington Consensus and Alternate development paradigms . These theoretical perspectives will be supplemented with policy examples and country experiences from the global South.  

Course Outcomes:

Equip students to understand major developmental debates in economics.

Equip students to understand contemporary issues in the global economy and the worlds of trade and finance.

Brief description of modules with references:

1.What is development? 

2. Political Economy of Development: A Brief History 

  1. Keynesianism 
  2. Challenges to Keynesian Developmentalism                                                 

3. Neoclassical Economics and the Washington Consensus Required Readings        :

4. New Institutionalism and the Post Washington Consensus 

5. Alternative Paradigms of Development

  1. Marxian Approach to Development 
  2. Post-Developmentalism  

Bernstein, Henry. 2006. ‘Studying Development/Development Studies’, African Studies, Vol.65, No.1

Rapley, J. 2007. Understanding Development: Theory and Practice in the Third World. Boulder: Lynne Reinner Publishers. Introduction and chapters 1 and 2.     

Sen, Amartya. 1988. ‘The Concept of Development’. In: Chenery, Hollis and T.N. Srinivasan (ed), Handbook of Development Economics, Vol.1. The Netherlands: Elsevier 

Rapley, J. 2007. Understanding Development: Theory and Practice in the Third World. Boulder: Lynne Reinner Publishers. Introduction and chapters 1 and 2.    

Toye, John. 2003.. ‘Changing Perspectives In Development Economics’. In: Chang, H-J., ed. Rethinking Development Economics. London: Anthem Press 

Dutt, A.K., ed. 2002. The Political Economy of Development. Cheltenham: Edward Elgar. Introduction. 

Onis, Ziya. 1991. ‘The Logic of the Developmental State’. Comparative Politics, Vol.24, No.1

Evans, Peter. 2008. ‘In Search of The 21st Century Developmental State’. Working Paper no.4, Centre for Global Political Economy, University of Sussex. Available at: 

http://www.sussex.ac.uk/cgpe/1-3-6-3.html

Nayyar, Deepak. 2008. Liberalization and Development. New Delhi: OUP. Chapter 14. 

Tentative Assessment schedule with details of weightage:

S.No. Assessment Date/period in which Assessment will take place Weightage
1. Two memos/ 1 essay 31 August 30 %
2. Mid term exam 15 October(tentative) 40 %
3. Term paper 30 November 30%

 

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