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Events offered by the university's faculties
The faculties pool our researchers' expertise. Although the university does not offer a comprehensive doctoral curriculum, the faculties offer a variety of lectures and seminars that help doctoral researchers deepen their disciplinary knowledge. Each semester, these events are carefully selected to meet doctoral researchers' needs.
32410 Vorlesung: Growth, Inequality and Poverty (WiSe 22/23)
Lecturers/instructors
Course times
Mi. 10:00 - 12:00 (wöchentlich), Ort: (JUR) HS 14, Mi. 10:00 - 12:00 (wöchentlich) - Zoom/online k.A., Termine am Mittwoch. 15.02.23 10:00 - 12:00, Ort: (IM) HS 13Course venue
(JUR) HS 14: Mi. 10:00 - 12:00 (8x), (IM) HS 13: Mittwoch. 15.02.23 10:00 - 12:00Start date
Mi., 19.10.2022 10:00 - 12:00 Uhr, Ort: (JUR) HS 14ECTS credits
5Teaching contact hours per week
Description
Economic growth has led to substantial reductions in poverty world-wide, specifically in South-East Asia and in large countries such as China and India and until recently also in Brazil. The picture is more mixed in Sub-Saharan Africa where poverty in some parts has been reduced, while in other parts such as the Sahel region, very recent forecasts suggest at least a stagnation if not an increase. In many emerging economies, including China, growth and poverty reduction are accompanied by a significant increase in inequality. The first part of the course discusses the statistical tools to investigate these dynamics. The course starts with a presentation of the theoretical foundations of the mainstream welfare measures. This is followed by a detailed discussion of inequality measures and the role of different dimensions of inequality. Then the course focuses on the World Bank’s approach to measure poverty. It follows a discussion of the advantages and disadvantages of alternative approaches including Sen’s Capability Approach, the Human Development Index and the concept of happiness. The last two chapters discuss theoretical channels linking inequality and economics growth and empirical results testing these channels. The second part of the course focusses on how development policies and development co-operation can help fighting poverty and addressing inequality. It starts with setting out the changing paradigms in development strategies and co-operation over the last decades from the unilateral focus on poverty in the 70s to the more holistic Agenda 2030 with its ambition to leave no one behind.Home institution
Lehrstuhl f. Development EconomicsInvolved Institutions
Credit transfers
Pre-requisites
An understanding of intermediate micro and macro‐economics and basic econometrics is required. Prior knowledge in development economics is an advantage. Students without any prior knowledge in development economics may read the books by either Perkins (2012), Ray (1998) or Todaro and Smith (2006) (see course book for details).Mode of study
This lecture is organized in a set of lectures and tutorials (Übungen). Students are explicitly invited to actively participate in the lecture through questions and input for discussion. In the tutorial students solve set problems in relation to the lecture. In addition, students are invited to indicate those parts of the course for which they need additional training. This may refer to a particular concept, an empirical method or a certain debate in development politics. Readings are essential to prepare the class and the examAssessments
Written exam 90 minIndicative reading list
- Readings
- Presentation slides
- Set problems (tutorial/Übung)
- Video
General background readings
- De Janvry, A. and E. Sadoulet (2016), Development Economics. Theory and Practice. Routledge, London.
- Grimm M., A. McKay and S. Klasen (2007), Determinants of Pro‐Poor Growth: Analytical Issues and Findings from Country Cases. London: Palgrave‐Macmillan.
- Haughton, J. and S. R. Khandker (2009), Handbook on Poverty and Inequality. World Bank, Washington D.C.
- Perkins, D.H., S. Radelet, D.L. Lindauer and S.A. Block (2012), Economics of Development, Norton & Company.
- Ray D. (1998), Development Economics. Princeton University Press: Princeton.
- Shorrocks, A.F. and R. van der Hoeven (2004), Growth, Inequality and Poverty. Prospects for Pro‐Poor Economic Development, Oxford: Oxford University Press.
- Szirmai, A. (2015), Socio‐Economic Development. 2nd edition, Cambridge University Press.
- Todaro, M.P. and S.C. Smith (2006), Economic Development. 9th edition (or newer), Pearson: Essex.
- World Bank (2006), World Development Report: Equity and Development. World Bank, Washington D.C.
"Economic Development" by Michael P. Todaro and Stephen C. Smith is available as an e-book in our university library. You can also use this direct link: https://elibrary.pearson.de/book/99.150005/9781292291208
For further lectures and seminars offered by the faculties in German please refer to the German version of this website.