class notes 1-15

class notes 1-15 - Political Economy of Development Class...

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Political Economy of Development Class Notes 1/15 Defining Development Amartya Sen , Development as Freedom -Development is both an ends and a means -When it doubt, invest in health care, education, human capital because it will pay off -Growth causes growth, education causes education. This may raise a red flag…where do you jumpstart the situation in the first place? Easterly , famous U.S. Economist in Development circles -Importance of growth for development -Easiest way of reducing poverty is growth, it is more reliable than redistribution, which is extremely difficult -Redistribution requires strong government. It is only helpful for a select few. Handelman , The Challenge of Third World Development -Major differences among impoverished countries -Growth is unsteady, highly volatile -Challenges: overall life expectancy, infant mortality, etc. -Weak governments. Corruption, violence, political instability H.D.I. – Human Development Index. How UN measures development. Development as Modernization
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This note was uploaded on 02/23/2012 for the course POSI 1310 taught by Professor Arnold during the Fall '08 term at Texas State.

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class notes 1-15 - Political Economy of Development Class...

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