PIA 2448 - POLITICAL ECONOMY OF DEVELOPMENT
Minimum Credits: 3
Maximum Credits: 3
This course begins by discussing Amartya Sen’s concept of “development as freedom” and reviewing the trends in poverty, inequality and human development indices in both developed and less developed countries. We examine how various development strategies - investments in human capital, public goods, and responsive governance; corrections to market failures (e.g., externalities, monopolies); and efforts to address structural discrimination (e.g., against Indigenous peoples) - can improve socioeconomic outcomes for individuals and communities. We also examine efforts to reform the international system, including food production, the international trade regime, the international patent regime, which influences innovation and access to medicines; and international Loss and Damage funds to support climate mitigation and adaptation.
Academic Career: Graduate
Course Component: Lecture
Grade Component: Grad LG/SNC Basis
Course Attributes: African Studies
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