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◄Faculty of Economics and Administration►



                 Assessment                    Continuous Assessment  : 60%
                                               Final Examination            : 40%

                                                                                                         th
                 Main Reference                (1) Todaro and Smith (2010). Economic Development (12
                                                   ed.), Essex: Pearson, Addison Wesley.
                                               (2) Jomo  KS  and  Ben  Fine  (2006).  The  New
                                                   Development     Economics    After   the   Washington
                                                   Consensus, London: Zed Books.
                                               (3) Dowling     and    Valenzuela     (2004).    Economic
                                                   Development in Asia, Singapore: Thomson Learning.
                                   EQD 7004 GLOBALIZATION AND DEVELOPMENT

                 Learning Outcomes             At the end of this course, students are able to:

                                               (1) identify concepts of globalization and development
                                               (2) analyse development issues and problems, particularly
                                                   in the context of globalization
                                               (3) propose policies for fostering development and meeting
                                                   the challenges of globalization.

                 Synopsis of Course            This course will survey, examine and analyze globalization
                 Contents                      and  development.  We  will  explore  key  dimensions  of
                                               globalization  –  trade,  finance,  labour,  and  power  –  while
                                               constructing a systematic framework for understanding the
                                               changes taking  place  and  their  implications,  especially  for
                                               the  improvement  of  socioeconomic  conditions  of  middle-
                                               and  low-income  countries.  We  critically  discuss  the  costs
                                               and  benefits,  advantages  and  drawbacks,  potentials  and
                                               pitfalls,  opportunities  and  constraints,  of  trying  to  develop
                                               and  compete  in  a  globalizing  world.  Our  approach  will  be
                                               inter-disciplinary and oriented to real world situations, taking
                                               into  account  historical  contexts  and  shifting  balances  of
                                               power.  This  course  will  also  examine  the  scope  and
                                               limitations  of  development  policy  when  faced  with
                                               globalizing forces, and consider alternatives to the dominant
                                               mode of globalization.



                 Assessment                    Continuous Assessment  : 60%
                                               Final Examination            : 40%
                 Main Reference                (1) UNCTAD (2016) Development and Globalization: Facts
                                                   and  Figures,  Geneva:  United  Nations  Conference  for
                                                   Trade and Development (UNCTAD).
                                               (2) Reinert, E. (2008) How the Rich Countries Got Rich …
                                                   and  Why  Poor  Countries  Stay  Poor,  London:  Anthem
                                                   Press.
                                               (3) Oyeyinka  O.B  and  Rasiah,  R.  (2010)  Uneven  paths  to
                                                   Development, Cheltenham: Edward Elgar.
                                               (4) Page,  J.  and  Tarp,  F.  (eds)  (2017)  The  Practice  of
                                                   Industrial Policy, Oxford: Oxford University Press.
                                               (5) Rasiah,  R.  and  Smidt  J.D.  (eds)  (2009)  The  New
                                                   Political  Economy  of  Southeast  Asia,  Cheltenham:
                                                   Edward Elgar.
                                               (6) Krugman,  Paul  (2009)  The  Return  of  Depression
                                                   Economics  and  the  Crisis  of  2008,  New  York:  W.W.
                                                   Norton and Company.
                                               (7) Mathews,  John  (2014)  Greening  of  Capitalism:  How
                                                   Asia is Driving the New Great Transformation, Stanford:
                                                   Stanford University Press.



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