Growth and Development

Teacher(s)

De La Croix David;

Language

French

Main themes

Traits fundamental economic growth, covering a dual aspect: the transition to a world of growth (industrial revolution and demographic transition), and the income disparities between countries. In addition to the dimen-sion of per capita income, should be addressed demographic aspects, technological, distribution of income and gender egalities. The various models: Malthus (non-growth), neoclassical growth, endogenous growth. The factors of growth and development policy: the capital and development assistance, technology, human capital and education, birth control, and institutions (corruption, social fragmentation, democracy).

Aims

At the end of this learning unit, the student is able to :
1	Over the last twenty years, understanding of the mechanisms underlying the process of growth and development has developed considerably. This Growth and Development course aims to make students familiar with the principal mechanisms invoked in the literature, and related empirical data. By the end of the course, the student should be able to distinguish the contributions of the various models and discuss the factors underlying divergences in revenue between countries.

Other information

Course entry requirements: Political Economics course, passive knowledge of English, mathematics - high school level

Bibliography

• Portefeuille de transparents

I. Morris, Why the West Rules – For Now, Farrar, Straus and Giroux, 2010
Williamson, Macroeconomics, chapitre 7-8, Pearson, 2018
O. Galor, Unified Growth Theory, Princeton, 2015
W. Easterly, The Elusive Quest for Growth, Economists' Adventures and Misadventures in the Tropics, MIT Press, 2002
A. Maddison, The World Economy, A millennial perspective, OECD, 2001
G. Clark, A Farewell to Alms, Princeton University Press, 2007

Teaching materials

• Portefeuille de transparents

Faculty or entity

ESPO