Course Details

This course of our institute is provided for giving entirely concept based detailed ideas to students on Development Theory and Experience. The topics which are covered under this course are:

• Alternative measures of development and documenting the international variation in these measures
• Comparing development trajectories across nations and within them
• The Harrod-Domar model, the Solow model and its variants
• Endogenous growth models and evidence on the determinants of growth
• Inequality axioms; a comparison of commonly used inequality measures
• Connections between inequality and development
• Poverty measurement; characteristics of the poor
• Mechanisms that generate poverty traps and path dependence of growth processes
• The determinants of democracy
• Alternative institutional trajectories and their relationship with economic performance
• Within-country differences in the functioning of state institutions
• State ownership and regulation; government failures and corruption