syllabus - Institutions and Development: MSc. Economics for...

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Institutions and Development: MSc. Economics for Development University of Oxford, Hilary 2010 Professor Paul Collier and Dr Pedro Vicente Objectives : The first part of the course provides an introduction to the growing literature on political economy and the role and failures of governments in development. Questions include: what does government do for economic performance? Do institutions matter for economic performance? Does governance matter for economic performance? Why do states fail? What causes civil war and what determines their duration? What are the costs of civil war and how can post-conflict situation be better handled? The second part of the course will focus on democracy and corruption in developing countries. It will begin by reviewing the main structure of standard political economy models, while applying it to studying democratization (Acemoglu and Robinson). It will then look at recent empirical work on voting, lobbying, and political accountability. After reviewing the basic conceptual approaches to the economics of corruption (Becker and Stigler, 1974; Shleifer and Vishny, 1993), the course emphasizes corruption empirics, with inference provided by a recent set of natural and field experiments. Schedule (Weeks 1-4): Week 1: What does government do for economic performance? (Paul Collier) Week 2: Democracy (Pedro Vicente) Week 3: Corruption (Pedro Vicente) Week 4: Breakdown of Government: State Failure and Civil War (Paul Collier) Student Presentations: The course will consist of 4 classes of 2 hours each. Each will include short student presentations. Students interested in making a presentation should contact the lecturers by Week 0 of Hilary Term, and add their name to the presentation list kept by the programme administrators at QEH (Dominique Attala/Rachel Miller). Useful Sources of Data on Political Economy: Afrobarometer (this is a micro dataset!) - http://www.afrobarometer.org/ Governance Indicators, World Bank: http://www.govindicators.org Database on Political Institutions, World Bank: http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTRESEARCH/0,,content MDK:20649465~pagePK:64214825~piPK:64214943~theSitePK:469382,00.html Polity IV (Political Regimes): http://www.systemicpeace.org/polity/polity4.htm Transparency International (Corruption): http://www.transparency.org/ Doing Business: http://www.doingbusiness.org/ Freedom House (Political Accountability): http://www.freedomhouse.org/ PRIO (Conflict): http://www.prio.no/ 1
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Lecture 1: What does government do for economic performance? Paul Collier
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This note was uploaded on 09/09/2010 for the course ECO 11230 taught by Professor Dr.nogara during the Fall '10 term at St.Francis College.

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syllabus - Institutions and Development: MSc. Economics for...

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