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Economic Growth in Developing Countries


International Relations
Enrollment in this course is by invitation only

About This Course

The aim of this course is to introduce you to the concept of developed and developing countries and to present the different theories related to economic growth. The different types of development and the measures used to quantify it are also analysed. Lastly, this course looks at the recent trends in economics in the developing countries and the future projections based on them.

Course Content

1. The concepts of developed and developing countries

  a) Their origin

  b) Shared characteristics among developed countries

  c) Shared characteristics among developing countries

  d) Criticism of the use of the terms

2. Measures and types of development

3. Economic growth theories

  a) Balanced growth theory

  b) Endogenous growth theory

  c) Harrod–Domar model

  d) Neoclassical growth model

  e) Unified growth theory

4. Trends and future projections

Bibliography

Dr. Thomas Steger - Transitional Dynamics and Economic Growth in Developing Countries - Springer - Verlag Berlin Heidelberg (2000)

Mohan L. Lakhera - Economic Growth in Developing Countries: Structural Transformation, Manufacturing and Transport Infrastructure - Palgrave Macmillan UK (2016)

Raghbendra Jha - Macroeconomics for Developing Countries - Routledge (2003)

T. N. Srinivasan - Trade, growth and poverty reduction: Least-developed countries, landlocked developing countries and small states in the global economic system - Commonwealth Secretariat (2009)