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ECON 359 Economic Development Instructor : Bernard Malamud Office: BEH 502

ECON 359 Economic Development Instructor : Bernard Malamud Office: BEH 502 Phone (702) 895 –3294 Fax: 895 – 1354 Email: bernard.malamud@unlv.edu Website: www.unlv.edu/faculty/bmalamud Office hours: MW 3 – 4 pm; TTh 4 - 5:30 pm a nd by appointment. Course objectives.

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ECON 359 Economic Development Instructor : Bernard Malamud Office: BEH 502

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  1. ECON 359Economic Development • Instructor: Bernard Malamud • Office: BEH 502 • Phone (702) 895 –3294 • Fax: 895 – 1354 • Email: bernard.malamud@unlv.edu • Website: www.unlv.edu/faculty/bmalamud • Office hours: MW 3 – 4 pm; TTh 4 - 5:30 pm and by appointment

  2. Course objectives Why isn’t every country as rich as us? • Know the world • Its regions • Their past development • Their future prospects • Familiarity with Solow growth model • Augment for education, health, • … legal and financial infrastructure • Evaluate alternative development strategies • Import substitution industrialization vs. export led growth • Industrial policy vs. market fundamentalism • Understand roles of • Geography and resources • Institutions/rule-of-law • Government policies

  3. Your responsibilities • Exams/take-home essays • The daily vignette Example: India’s Weak State Will Never Overhaul China (Financial Times, 8/18/10) • Characterizing India Today • Extensive controls • Large public sector • Limited trade /FDI unfriendly • Weak central state • Hindu – Muslim conflict • Endemic corruption • So why is India growing @ 8+ % ? • Entrepreneurial drive – hustle • Elite education – IT sector … but only a few are involved • Rising demand • Competition between states • “But Indian state will seldom be ahead of the curve in galvanizing change • … this bottleneck will make Chinese growth elusive.”

  4. Tour of the World HDR:http://www.gapminder.org/downloads/human-development-trends-2005/ Disaster Websites Pakistan flooding http://www.reliefweb.int/rw/fullmaps_sa.nsf/luFullMap/04683811C4BA31A485257773006F3A57/$File/map.pdf?OpenElement Kashmire earthquake http://en.wikipedia.org/wiki/2005_Kashmir_earthquake#Casualties Haiti earthquake http://en.wikipedia.org/wiki/2010_Haiti_earthquake Katrina http://en.wikipedia.org/wiki/Hurricane_Katrina Mexico Drug War http://topics.nytimes.com/top/news/international/countriesandterritories/mexico/drug_trafficking/index.html?scp=1&sq=mexico%20mayor%20murder&st=cse Las Vegas Sex Slavery http://unlvrebelyell.com/2010/08/23/child-sex-slavery-rages-in-las-vegas/ http://www.youtube.com/watch?v=vGNPcxADzkg

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