Growth Models and Development Strategies
Credits: 4 ECTS
This course provides an introduction to the main theories of growth and to key contributions in the development literature. The first part deals with the relationship between economic growth and development and discusses influential growth models, including the neo-classical model (and the convergence debate) together with endogenous growth models. The analysis of the proximate sources of growth is complemented by discussion on its ultimate sources such as geography and natural resources (including the resource curse), trade integration (covering inward and outward looking strategies), and institutions. A second part looks at specific country experiences and their policy implications. The course is structured in twelve lectures. Students are asked to read beforehand a list of key readings and are encouraged to participate actively during lectures.
The final grade will be a weighted average of the grade obtained in a final exam (50%), and the assessment of a presentation of a case study (50%).