The textbook for this course is Dwight H. Perkins et al, Economics of Development, Fifth Edition, (New York: W.W. Norton & Co., 2001). There is also my latest book, Economic Systems in Historical Perspective, (Kendall/Hunt, 1997), from which a few selections will be used as well. My office hours will be TuTh 10-11:45, but as long as the door is open, feel free to drop in at  569 ICC.
My e-mail: viksning@georgetown.edu
A simulation model may be downloaded  here  from my web page
(http://www.georgetown.edu/faculty/viksning/courses/TGM.xls).

The student is expected to write a 15-20 page term paper on a mutually agreeable topic. It is hoped that the paper will be quantitatively oriented and use the professional literature in economic development. Usually two kinds of paper are selected: (1) a country study, focusing on macroeconomic development planning issues; (2) an issue in development economics, which involves a survey of the relevant literature and does not necessarily involve a country. There will be a mid-term (about 30% of your grade) and a final exam (40%). The paper (also 30%) is due on November 14 - papers handed in after 5:00 pm on that day will be graded with a one-letter grade penalty. (A brief statement on your topic and a preliminary bibliography are due by Oct. 15.)

I.    Introduction
        Perkins, Chs. 1-3; Viksnins, Chs. 1, 8-9.

II.    The Macroeconomic Basics
        Perkins, Chs. 5-6.

III.    The Problem of Distribution
        Perkins, Ch. 4 and Chs. 9 - 10.

IV.    Agriculture and Industry
        Perkins, Chs. 15 and 17.

        Mid-term Exam will be scheduled for the above.

V.    Savings, Investment, and the Financial Markets
        Perkins, Chs. 11 - 13.

Michael T. Skully and George J. Viksnins, Financing East Asia's Success (London: Macmillan in association with the American Enterprise Institute, 1987), Chs. 1-2.

VII.  The Role of Foreign Resources
        Perkins, Ch. 14.
 

Economic Development: Less Developed Countries (ECON-371) - You can add up to 4 points to your average by doing a couple of book reports on the books shown here (or a mutually acceptable other book). This is purely voluntary - the book reports may be used for a panel discussion.

Power and Prosperity, Mancur Olson
    HD87 .O47 2000
The Mystery of Capital, Hernando DeSoto
    HB 501 .S778 2000
The Revolution in Development Economics, James A. Dorn et al,
    HD75 .R48 1998
The Wealth and Poverty of Nations, David S. Landes
    HC240 .Z9 W45 1998
Institutions, Transition Economies, and Economic DevelopmentTimothy L. Yeager
    HD82 .Y4 1999
The New Global Economy and Developing Countries: Making Openness Work, Dani Rodrik
    HF1413 .R62 1999
The Capitalist Revolution in Latin America, Paul Craig Roberts and Karen LaFollette Araujo
    HC125 .R5415 1997
Against Dirigisme: The Case for Unshackling Economic Markets, Deepak Lal
    HD82.L257 1994
Agriculture and the State: Growth, Employment, and Poverty in Developing Countries, C. Peter Timmer
    HD1417.A475 1991
From Subsistence to Exchange and Other Essays  P.T. Bauer
    HD75 .B38 2000
Inside the Third World: The Anatomy of Poverty, Paul Harrison
    HC59.7.H354
Mortgaging the Earth: The World Bank, Environment Impoverishment, and the Crisis of Development, Bruce Rich
    HG3881.5.W57 R53 1994
The Political Economy of Poverty, Equity, and Growth, Deepak Lal and Hla Myint
    HC59.7.L292 1996
Scarcity or Abundance?: A Debate on the Environment, Norman Myers and Julian Simon
    GE40.M94 1994
Third World Ideology and Western Reality, Carlos Rangel
    HC59.7.R26513 1986
Trade Policies and Developing Nations, Anne O. Krueger
    HF1413.K73 1995
Population and Food, Tim Dyson
    HD9000.5.D97 1996
Driven by Growth: Political Change in the Asia-Pacific Region, James W. Morley (ed.), Rev. Ed.
    JQ750 .A91 .D75 1999
Lessons from East Asia, Danny M. Leipziger (ed.)
    HC460.5 .L47 1997
The Political Economy of the Asian Financial Crisis S. Haggard
    HG187 .A2 .H34 2000
Why Poor People Stay Poor: Urban Bias in World Development, Michael Lipton
    HC79.P6 L56 1977b
The Sceptical Environmentalist,  Bjorn Lomborg GE 149 .L65 2001
Determinants of Economic Growth: A Cross-Country Empirical Analysis, Robert J. Barro
    HD75 .B365 1997
The Developmental State, Meredith Woo-Cumings
    HD75 .D499 1999
Africa in Chaos, George Ayittey
    HC800 .A98 1998
The Elusive Quest for Growth, William Easterly
    HC 59.72 .P6 .E17 2001
Globalization and Its Discontents, Joseph Stiglitz
    HF 1418.5 .S75 2002
Against the Dead Hand: The Uncertain Struggle for Global Capitalism. Brink Lindsey
    HF 1359 .L555 2002
 

These books are on 3-day reserve at the library. The first review has to be submitted by October 15, the second by November 12. The form should be two single-spaced typed pages, on the main theme of the book (if it's multi-author volume, please choose two chapters to discuss).