Syllabus/achievement requirements

Reading list

The course mainly draws on journal articles and excerpts from journal articles found in the book by Meier and Rauch. For those who find reading journal articles difficult, it is advisable to start by reading the appropriate section in Ray’s book. Notice however that the course goes beyond Ray.


Meier, G. M. & Raunch J. E., 2005, Leading Issues in Economic Development, Oxford University Press Inc. 8th edition.

Bardhan, P. & Udry, C. , 1999, Development Microeconomics. Oxford University Press Inc.

Ray, D., 1998, Development Economics, Princeton University Press. (Additional reading)


Acemoglu, Daron and Robinson, James A. (2000) Why Did the West Extend the Franchise? Democracy, Inequality, and Growth in Historical Perspective. Quarterly Journal of Economics. 115(4): p 1167-1199.

Andvig, Jens Chr. and Karl Ove Moene (1990), "How Corruption May Corrupt Journal of Economic Behavior and Organization." 13(1): p 63-76

Banerjee, A.V., P. Gertler and M. Ghatak (2002): Empowerment and Efficiency - Tenancy Reform in West Bengal, Journal of Political Economy.

Besley, T. and R. Burgess(2000): Land Reform, Poverty and Growth: Evidence from India Quarterly Journal of Economics, 115(2), pp. 389-430

Burgess, R., and R. Pande: Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment American Economic Review, 95(3), 2005.

Ghatak, M. and N.-H. Jiang (2002): A Simple Model of Inequality, Occupational Choice and Development. Journal of Development Economics, Vol. 69, No. 1, October.

Kremer, M. (1993) The O-Ring Theory of Economic Development Quarterly Journal of Economics. 108(3): p 551-575.

Krugman, O, (1981) "Trade, accumulation and uneven development", Journal of Development Economics. 8, p 149.161

Mehlum, H and K Moene (2006): "Fighting against the odds". Economics of Governance 7/1: 75-87

Mehlum, H, K Moene and R Torvik (2006): Parasites in Sam Bowles, Steven N Durlauf, and Karla Hoff (ed.) "Poverty traps", Princeton UniversityPress, Princeton and Oxford. Pp. 79-94.

Murphy, K A Shleifer and R. Vishny (1989) Industrialization and the big push, Journal of Political Economy 97, p 1003-1026.

Rodrik, D (1991) Policy Uncertainty and Private Investment in Developing Countries Journal of Development Economics. 36(2): p 229-42.

Townsend, Robert (1994), Risk and Insurance in Village India. Econometrica 62(3), 539–591


World Bank (recent)

United Nations Development Program (recent) Human Development Report.

The core of the syllabus is defined by the topics covered and the questions raised at the lectures. Detailed reading instructions will is given as part of the lecture plan.

Published Oct. 23, 2008 6:10 PM - Last modified Nov. 19, 2019 2:57 PM