Credit

3.00   (L-T-P:   3-0-0)

Department / Center / School / Unit

Economics

Course Objectives

The course aims to introduce the students to broad issues of development, particularly from an Indian or developing country context. The topics covered in the course relate to not only issues of economic development but also other hurdles faced by developing societies, which have deeper historical and political roots. The course will equip the students with a good understanding of the problems of development, and provide them a larger perspective to the economic theories they will learn in other courses.

Course Contents

The course will be a survey of the major issues and debates related to development. It discusses the emergence of industrial capitalism in Europe and North America, as well as the economic development experiences of Asian countries including China. The course will with the impacts of globalization and the crisis in global capitalism that deepened since 2008. Issues related to inequality, human development, labour rights, and migration will also be covered. The course will pay special attention to development problems of India, particularly issues related to gender, caste and class.

Suggested References

Agarwal, Bina A Field of One’s Own: Gender and Land Rights in South Asia, Cambridge University Press, New Delhi, 1996.
Ambedkar, B.R Annihilation of Caste, Navayana, New Delhi, 2014.
Amsden, Alice H., The Rise of “The Rest”: Challenges to the West from Late-Industrialising Economies, Oxford University Press, New York, 2001.
Chang, Ha Joon, Kicking Away the Ladder: Development Strategy in Historical Perspective, Anthem Press, London, 2002.
Drèze, Jean and Sen, Amartya, India: Development and Participation, Oxford University Press, New Delhi, 2002.
Frankel, Francine R. India’s Political Economy 1947 – 2004, Oxford University Press, New Delhi, 2005.
Hobsbawm, E. J., Industry and Empire: An Economic History of Britain since 1750, Weidenfeld and Nicolson, London, 1968.
Kindleberger, Charles P. and Robert Z. Aliber, Manias, Panics, and Crashes: A History of Financial Crises, John Wiley and Sons, New Jersey, 2005.
Kohli, Atul, State-Directed Development: Political Power and Industrialization in the Global Periphery, Cambridge University Press, Cambridge, 2004.
Sen, Amartya, Development as Freedom, Oxford University Press, New Delhi, 2000.
Stiglitz, Joseph, Globalization and Its Discontents, Penguin Books, 2002.
Thorat, Sukhadeo and Katherine S. Newman Blocked by Caste: Economic Discrimination in Modern India, Oxford University Press, New Delhi, 2010.