Political Economy

Week 4 Tutorial 2

News Report

Growth

Q&A

  • Three (competing) determinants of development:
    • Geography
    • Integration
    • Institutions
  • Functions of institutions:
    • market creation
    • market regulation
    • market stabilisation
  • IMF and World Bank conditionality rules

Q&A

Q&A

  • Critical approach to development economics
    • Reverse causality: development -> institutions
  • Role of free-market and property rights

Break

Peer-review

  • In small groups
  • An article assigned
  • Summarise (the research design)
  • Criticise and praise
  • Offer solutions

Thank you and see you next week!