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.



Ray, D., 1998, Development Economics, Princeton University Press.


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.


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.

Banerjee, Duflo, Glennerster and Kinnan (2009): The Miracle of Microfinance? Evidence from a Randomized Evaluation Working paper.

Banerjee, and A. F. Newman: Occupational Choice and the Process of Development. Journal of Political Economy 101 (1993), pp. 274–298

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 ExperimentAmerican Economic Review, 95(3), 2005.

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

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.

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

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. 13, 2009 4:15 PM - Last modified Nov. 11, 2010 4:32 PM