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This subject is aimed at understanding the process of economic development in Asia by critically reviewing major theories and debates of economic development and deeply engaging with Asian development experience over the last six decades. Cases are drawn from India, Pakistan, Indonesia, South Korea, China, and Japan. The subject inquires into the institutional dimensions of development such as planning, role of the state, ideology, and development and industrial strategies. A multi-country analysis suggests that there is no single path of attaining development. The outcomes of development remain products of history, institutions, and the ongoing evolution of the structures of the world economy.
Intended learning outcomes
On completion of this subject, students should:
- be able to critically assess wide-ranging theoretical perspectives on economic development
- be knowledgeable about how economic development is practiced in diverse national institutional contexts and thus the multiple paths to development and policy choices
- have a deep understanding and appreciation of Asia undergoing major economic and social transformation
- be able to apply the concepts and policy experiences to other developing countries; and
- be able to undertake critical independent research
On completion of this subject students should be able to:
- critically analyze theory and empirical details;
- express ideas and arguments effectively both in written and oral forms;
- demonstrate developed research skills.
Last updated: 3 November 2022