ECO 226 - Development Economics

This course develop students' critical thinking on the economic development process and introduce them to the basic issues and concepts of Development. The course covers the political economy of the development process and the challenges of formulating and implementing development policy in developing countries and Small Island Developing States (SIDS). The evolution of development theory is treated as a contest of competing development paradigms, ranging from the Classical Modernization Paradigm, and alternative perspectives on development which emphasize dependency, world systems, human development, participatory development, sustainable development, poverty and inequality, culture, and gender, to the post-modernist challenges to 'development discourses' expressed in Post-development. The policy implications and problems raised with each discursive wave in the development process and under 'neo-liberal' globalization are expressly flagged, with special attention paid to the policy and development challenges faced by developing countries including SIDS.
Prerequisite: ECO 201 or ECO 202

Course Credit: 3