Economic Development 1
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Division: The New School for Social Research
Course Number: GECO 6290
Course Format: Lecture
Location: NYC campus
Permission Required: No
This course focuses on the macroeconomics of development, beginning with a historical review of development doctrine. Examination of the classis and contemporary development models raises a number of urgent questions. What is economic development and how is it promoted? What are the lessons in the post-2008 economic crisis environment? Could and should any experience of the advanced economies be replicated elsewhere? Is there a promise in emerging markets and is there a sustainable BRICs model? Special focus is on the problems of financialization, government role in development, international institutions in the successful development strategy design. Further topics include economic growth, trade policy debate (including export promotion vs. import substitution), economic integration, income distribution, poverty, labor migration, stabilization and adjustment, and external relations. Along with theoretical discussions this class will critically deal with contemporary economic policy with an emphasis on equitable growth and sustainability.
Not open to Undergraduate students.