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Economic Development

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Economic Development by Michael Todaro and Stephen Smith, Pearson-Addison Wesley, 12th Edition, 2015.  ISBN: 978-0133406788
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Africa's Business Revolution by Acha Like, Metsa Chironga, and Georges Desvaux, Harvard Business Review Press, 2018.
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New Perspectives on Economic Growth and Technological Innovation by F.M. Scherer, Brookings Institution Press, 1999.  ISBN: 978-0815777953
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The Prosperity Paradox by Clayton Christensen, Efosa Ojomo, and Karen Dillon, 2019. 
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Why Nations Fail by Daren Acemoglu and James Robinson, Currency, 2013.  ISBN: 978-0307719225

Exchange Rate Conversion

Research Paper Support Materials

Paper Topics from Previous Semesters
Sykes Regression paper
Ghana Test Data
Library Research Guide
APA Style Guidelines

Videos
These are some helpful videos to assist with the completion of your paper.  As you watch the three 'Short Paper' videos, remember they were made in 2011 for a class assignment different in scope than yours.  However, I have still made them available to you because you can learn from the Excel and World Bank data procedures.

NEEDED: A NEW GENERATION OF PROBLEM SOLVERS
The financial crisis has certainly created a challenging budgetary environment for many universities aiming to begin new efforts. But if  
anything, the common crisis has placed a spotlight on the world's
interconnected fate, and the importance of farsighted, cross-disciplinary decision making as a basic need for a more prosperous future. With the support of academe, international organizations, and current development practitioners, a new generation of problem solvers can be empowered to meet the sustainable-development challenges for our common future.

-JOHN W. MCARTHUR and JEFFREY SACHS
(Chronicle of Higher Education, June 26, 2009)

Topic 1: What is the history of economic development?  How do we measure growth and development?

- S. Naqvi, "The Significance of Development Economics." World Development, Vol. 24, No. 6, pp. 975-987, 1996.
- Michael Todaro and Stephen Smith, Chapter 1:  Introducing Economic Development
- Michael Todaro and Stephen Smith, Chapter 2: Comparative Economic Development
- Alden Young, "Are Statistics Useless? The Four Phases of the African State in the 20th Century." BooksandIdeas.net, November 12, 2013
- Morton Jerven, “(Chapter 2) Measuring African Wealth  and Progress,” Poor Numbers: How We are Misled by African Development  Statistics (New York, Cornell University Press, 2013).
-Jones, C. (2015). “The Facts of Economic Growth.” NBER Working Paper 21142.
- Jared Diamond, Preface and Yali’s Question, Guns, Germs, and Steel, (Norton, New York, 1999)
Naqvi, 1996
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Update on the Millennium Development Goals (UNDP)
Todaro Chapter 1 PPT
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Todaro Chapter 2 PPT
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diamond_preface_yali.pdf
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Topic 2: What are the theories and approaches to understanding growth and development?

- Michael Todaro and Stephen Smith, Chapter 3: Classic Theories of Economic Growth
-N Scherer, F.M., (1999). Traditional Views of Economic Growth (Chapter 2), New Perspectives on Economic Growth and Technological Innovation, Brookings Institution Press.
- Daron Acemoglu and James Robinson, “(Chapter 2)  Theories that Don’t Work,” Why Nations Fail (Crown Business, NY, 2012).
- Stanley L. Engerman and Kenneth L. Sokoloff. “Factor Endowments, Institutions and Differential paths of Growth among New World Economies: A View from Economic Historians of the United States,” in Stephen Huber, ed., How Latin America  Fell Behind, Stanford: Stanford University Press, 1997, and NBER Working  Papers Series on Historical Factors in Long-Run Growth, No. 66, December 1994
http://www.nyu.edu/econ/user/debraj/Courses/Readings/EngermanSokoloff.pdf
- World Bank, "Overview." World Development Report 2015: Mind, Society, and Behavior.
acemoglu_theories.pdf
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todaro_chapter_3_appendix.pdf
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edited_chapter_3.pptx
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savings_=_invest.pdf
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todaro_chapter3.pdf
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shortrunprod.pdf
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2014 Gates Annual Letter

Topic 3: What are the roles of institutions and development policymakers?

-​Christensen, C., Ojomo, E., and Dillon, K. (2019). Section 3: Overcoming the Barriers. The Prosperity Paradox (HarperBusiness).
- Michael Todaro and Stephen Smith, Chapter 11:  Development Policymaking

- Nancy Birdsall and  Francis Fukuyama, The Post-Washington  Consensus: Development after the Crisis (Working Paper 244,
Center for  Global Development, 2011).
- Levy, Brian and Francis Fukuyama. 2010. “Development  Strategies: Integrating Governance and Growth,” World Bank Policy Research  Working Paper No. 5196. 
http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2010/01/28/000158349_20100128134131/Rendered/PDF/WPS5196.pdf
- Daron Acemoglu and James Robinson, “(Chapter 13) Why Nations Fail Today” and “(Chapter 14) Breaking the Mold.”
Todaro Chapter 11 PPT
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World Bank, World Development Report (2000-2001)
acemoglu_chapter_13.pdf
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acemoglu_chapter_14.pdf
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Topic 4: How do countries leverage technology and innovation for development?

- Xavier Cirera and William F. Maloney. 2017. The Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up. Washington, DC: World Bank.
-Intro, Chapter 1: Emerging Africa, Chapter 6: The Technology Revolution, and Chapter 8: Challenges and Opportunities on the Road Ahead.
​-Technology and Innovation Report, 2017. United Nations Conference on Trade and Development.
​-Commentary from Makhtar Diop, World Bank’s Vice President for Africa, 2017 “Innovation in Africa.”
-Christensen, C., Ojomo, E., and Dillon, K. (2019). Section 2: How Innovation Created Prosperity for Many. (Chapter 2 slides)
-Technology and Innovation Report, 2017. United Nations Conference on Trade and Development.



Topic 5: How are international trade, finance, and FDI related to economic development?

-Leke, A., Chironga, M. (2018). “Part Two: How to Win in Africa – A Strategic Guide.” Africa’s Business Revolution (Harvard Business Review Press).
-Paul Collier, “(Chapter 9) The Global Divide: Winners and the Left Behind,” The Future of Capitalism (HarperCollins Books: United Kingdom, 2018). 
- Michael Todaro and Stephen Smith, Chapter 12:  International Trade Theory

-James Gerber, "(Chapter 3) Comparative Advantage and the Gains from Trade." International Economics (2008).
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Trade and Development Report, 2017. United Nations Conference on Trade and Development.
- Ann Harrison,  “Globalization  and Poverty,” NBER Working Paper No. 12347, July 2006.
- Dani Rodrick, “(Chapter 7) Poor Countries in a Rich World.” The Globalization Paradox: Democracy and the Future of the World
Economy, (Norton, New York, 2011).  

- Subramanian, A. and  D. Rodrik. 2009. “Why Did Financial Globalization Disappoint?” IMF Staff Papers, Volume 56, Number 1, March 2009, 112-138. http://www.iie.com/publications/papers/subramanian0308.pdf
- Obstfeld, Maurice. 2009. “International Finance and  Growth in Developing Countries: What Have We Learned?” NBER Working Paper  14691. http://www.nber.org/papers/w14691.pdf?new_window=1
- Lawrence McNeil and Sonja  Langley, “Trade and Foreign R&D Spillovers: Industry-Level Evidence from  South America,” Journal
of  International Business and Economic,
2010.
Todaro Chapter 12 PPT
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Gerber Comparative Advantage PPT
File Size: 298 kb
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Evidence That Trade Does Reduce Poverty
UNCTAD, Trade and Development Report 2016

Case Studies in Development - Africa and China

- Steven Radelet, Emerging Africa: How 17  Countries are Leading the Way (Washington, DC, Center For Global Development,  2010).
Intro, Chapter 1: Emerging Africa, Chapter 6: The Technology Revolution, and Chapter  8: Challenges and Opportunities on the Road Ahead
-World Bank, South Africa At A Glance
- World Bank, China Economic Update, Special Topic: An Update of China's Fiscal and Tax Reforms, October 2014.
radelet_intro.pdf
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Africa Can Feed Africa (video, 14 minutes)
chapter_17_gerber.pdf
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radelet_chapter_6.pdf
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radelet_chapter_4.pdf
File Size: 1685 kb
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Copyright 2020 Lawrence McNeil, Ph.D.
  • Home
  • About
  • BLOG
  • Resources
    • White Papers
    • Podcasts
    • Books
    • Curated Lists
  • Academy
    • Research
    • Courses >
      • Concepts of Economic Analysis
      • Principles of Macroeconomics
      • Fundamentals of Economics >
        • ECON 2003 Advice from Students
      • Economic Development
      • Economics of Innovation >
        • Peer Performance Review
      • Economics for Entrepreneurs
      • International Trade >
        • Trade Peer Performance Review
      • Quantitative Methods
      • Business Ethics and Law
      • Business Statistics
      • McGraw-Hill Connect
    • Travel >
      • Travel Blog
      • Australia >
        • Australia Images 2019
        • Australia Overview
      • South Africa >
        • South Africa Images 2018
        • South Africa Images 2017
  • Contact