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POLITICAL ECONOMY OF DEVELOPMENT II

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POLITICAL ECONOMY OF DEVELOPMENT II

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Anno accademico 2025/2026

Codice attività didattica
CPS0735B
Docenti
Jerome Lange (Titolare dell'insegnamento)
Corso di studio
Master's Degree Course in Economic analysis and policy (Classification of Degree LM-56 R) [0309M22]
Anno
1° anno
Periodo
Secondo semestre
Tipologia
A scelta dello studente
Crediti/Valenza
3
SSD attività didattica
SECS-P/02 - politica economica
Erogazione
Tradizionale
Lingua
Inglese
Frequenza
Facoltativa
Tipologia esame
Scritto ed orale
Tipologia unità didattica
modulo
Insegnamento integrato
POLITICAL ECONOMY OF DEVELOPMENT (CPS0735)
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Sommario insegnamento

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Obiettivi formativi

Political economy is the original name of the discipline of economics, at a time when it was a broad “science of man” with its origins in moral philosophy and jurisprudence and encompassing aspects of modern-day demography, geography, sociology, political philosophy, history, psychology, anthropology and political science. Today, the term Political Economy is used to denote a subfield of Economics (and, in the case of International Political Economy, of International Relations and Political Science) divided between contending schools with very different approaches to the study of political and economic phenomena and their interplay. This course makes use of and establishes connections between classical and modern-day political economy to explore the phenomenon of socio-economic development ― understood in its intellectual-historical dimension as the latest iteration of the idea of progress.

The course is divided into three parts. Part one explores the major theoretical approaches and contributions to the economic development literature. Part two explores key issues in international economic relations and power dynamics as they affect the issue of comparative economic development. Part three looks at overarching geographical and demographic processes involved in economic development and how they affect and are affected by local, regional and international politics. Naturally, subsequent sections draw on previous sections for their analysis. Theoretical, empirical, and philosophical and epistemological aspects are explored throughout.

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Risultati dell'apprendimento attesi

The aim of the course is to develop a critical understanding of the theory and practice of economic development in its political and economic dimensions. Students are expected to engage with a wide range of material, to familiarise themselves with relevant economic and philosophical concepts and to do a presentation and write a short essay (in class) reflecting their critical interrogation of the development literature. The course is a core course [mandatory/requisite…] for the master in Applied Development Economics (School of Economics and Finance). It is also an elective for the master in Development Studies (housed at the School of Social Sciences, Faculty of Humanities) and the master in Inequality Studies (housed at the Souther Centre for Inequality Studies). Therefore, the course brings together students from diverse backgrounds in the social sciences, with and without robust prior knowledge of economics, all concerned directly or indirectly with the study of development. This makes for enriching class discussions as students approach similar topics from distinct disciplinary vantage-points.
This is a reading-intensive course. The reading of all the indicated reading material for each class is absolutely essential to a successful fulfilment of the course. Additional reading material is available on request, notably for writing the essay under particular class topics.


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Programma

The course is divided into three parts. Part one explores the major theoretical approaches and contributions to the economic development literature. Part two explores key issues in international economic relations and power dynamics as they affect the issue of comparative economic development. Part three looks at overarching geographical and demographic processes involved in economic development and how they affect and are affected by local, regional and international politics. Naturally, subsequent sections draw on previous sections for their analysis. Theoretical, empirical, and philosophical and epistemological aspects are explored throughout.


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Modalità di insegnamento

Each 3 hour session will comprise a lecture on the week’s topic, interspersed with times for questions and answers, and a general discussion of the reading material for the week. There will be one to three 10-minute student presentations on the week’s topic, each followed by 15 minutes of discussion.


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Modalità di verifica dell'apprendimento

Method of assessment: 35% of the grade of the course is given by by the final exam’s mark. 15% of the grade results from the presentation in class of the student’s research in connection with the essay and 25% from the student’s essay mark. There will be two “quizzes” taken during the semester, of which the better one will give 10% of the grade. The final 15% are given for class participation.

Students are expected to read at least all essential readings for each week and to participate actively in class discussions. In the essay and the exam, students will write a rigorous and structured argument that will draw on relevant empirical and theoretical material. The class presentations will help students familiarize themselves with these expectations.

Essay: The essay is to engage with one of the themes of the course covered in one particular week. Within that thematic area, students are free to formulate their own particular topical question in consultation with the lecturer. This elaboration of the topic of the essay is part of the assignment. Students are required to identify relevant literature and to prepare a list of sources to be sent to the lecturer by February 29th. The essay itself will be written in class on April 28th.

Presentations: The presenting student will distribute a 1-page summary of their research to the class in advance. The presentation will be about the research work undertaken for the essay, presenting the main ideas and argument of the latter. Discussions with the class after the presentations will focus on assisting the presenting student in refining and advancing their work in a collegial atmosphere.

Please note: Wits has a zero-tolerance policy towards plagiarism, especially at postgraduate level. It is the student’s responsibility to familiarise themselves with the relevant definitions and policies. Information on this will also be given in class. When in doubt, consult your lecturer.


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Attività di supporto

Testi consigliati e bibliografia



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Articolo
Titolo:  
Smith at 300: Universal Human Nature, the Division of Labor, and African Development.
Titolo rivista:  
Journal of the History of Economic Though
Anno pubblicazione:  
2023
Autore:  
Jérôme Lange
Obbligatorio:  
Si


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Articolo
Titolo:  
Survey of Ideas in History of Economic Thought Journals (2015-2016)
Titolo rivista:  
History of Economic Ideas
Anno pubblicazione:  
2017
Autore:  
Jérôme Lange, Reinhard Schumacher and Andrej Svorenčík.
Obbligatorio:  
Si
Oggetto:

Inge, W. R. The Idea of Progress. The Romanes Lecture, delivered in the Sheldonian Theatre, 27 May, 1920. At the Clarendon Press. 1920. Short excerpt.
Nisbet, Robert A. Social Change and History. Aspects of the Western Theory of Development. Oxford University Press. 1969. Introduction.
McCarthy, Thomas. Race, empire, and the idea of human development. Cambridge University Press. 2009. Excerpts from Introduction and Conclusion.
Hoogvelt, Ankie. Globalisation and the Postcolonial World. The New Political Economy of Development. MacMillan Press. 1997. Excerpt from Intro.
Chang, Ha-Joon. Lecture 1.2: Five Reasons Why Economics is Political | Economics for People (video) https://www.ineteconomics.org/ perspectives/videos/economics-for-people

Smith, Adam. Lectures on Jurisprudence. The Glasgow Edition of the Works and Correspondence of Adam Smith, Vol. V. Oxford University Press. (1762-66) 1978. Short excerpt.
Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations. The Glasgow Edition of the Works and Correspondence of Adam Smith, Vol. II. Oxford University Press. (1776) 1976. General Introduction; Book 1, Chapters 1-3; Book 2, Introduction; Book 3, Chapter 1.
Young, Allyn Abbot. "Increasing Returns and Economic Progress". The Economic Journal. Vol. 38, Iss. 152. 1928


Malthus, T. Robert. An Essay on the Principle of Population, as it Affects the Future Improvement of Society, with Remarks on the Speculations of Mr. Godwin, M. Condorcet, and Other Writers. Electronic Scholarly Publishing Project (1798) 1998. At least chapters 1, 2, 3, 4 and 18, preferably also chapters 5 and 19.
Demeny, Paul and Geoffrey McNicoll. “Preface”. Special Issue: The Political Economy of Global Population Change, 1950-2050. Population and Development Review. Vol. 32. 2006.

and at least one of the following:
Boserup, Ester. “Development Theory: An Analytical Framework and Selected Application”. Population and Development Review. Vol. 22, No. 3. Sep. 1996.
Boulding, Kenneth. “Population Factors in Development Economics”. Population and Development Review. Vol. 14, Supplement: Population and Resources in Western Intellectual Traditions. 1988.
Keyfitz, Nathan. “Population and Development within the Ecosphere: One View of the Literature”. Population Index. Vol. 57, No. 1. Spring, 1991.
McNicoll, Geoffrey. “Population and Development: An Introductory View”. Population Council Policy Research Division Working Papers. No. 174. 2003.
Simon, Julian. “Economic Thought about Population Consequences: Some Reflections”. Journal of Population Economics. Vol. 6. 1993


Marx, Karl. Capital. Vol I. Marx & Engels Collected Works. Vol. 35. Lawrence & Wishart (1867. 1887) 1996. extracts.
Marx, Karl & Friedrich Engels. Manifesto of the Communist Party. (1848). abbr. In Edelman, Marc & Angelique Haugerud (eds.). The Anthropology of Development and Globalization. From Classical Political Economy to Contemporary Neoliberalism. Blackwell 2005.
Choonara, Joseph. Unravelling Capitalism. A Guide to Marxist Political Economy. 2009. extracts.
Sens, Allen. Dependency theory | Introduction to Global Politics (video) https://www.youtube.com/watch?v=JN6LlMY2ApQ


and at least one of the following:
Peter Nolan. “Karl marx”; John Sender & Jonathan R. Pincus. “Capitalism and Development”; Stephen Howe. “Colonialism”; Alastair Greig, David Hulme & Mark Turner. “Class”; John S. Saul & Colin Leys. “Dependency”. In Clark, David A. (ed.). The Elgar Companion to Development Studies. 2006.
Hoogvelt, Ankie. Globalisation and the Postcolonial World. The New Political Economy of Development. MacMillan Press. 1997. Ch. 1: The History of Capitalist Expansion. Ch. 2: Neocolonialism, Modernization and Dependency.


Lewis, Arthur. “Economic Development with Unlimited Supplies of Labour”. Manchester School. Vol. 22. Iss. 2. May 1954. at least sections 1-4 and the summary at the end.
Rosenstein-Rodan, Paul. “Problems of Industrialisation of Eastern and South-Eastern Europe”. Economic Journal. Vol. 53. No. 210/211. Jun. - Sep. 1943.
Rosenstein-Rodan, Paul. The International Development of Economically Backward Areas. International Affairs. Vol. 20. No. 2. Apr. 1944. first two pages.
Rostow, Walth Whitman. The Stages of Economic Growth. A Non-Communist Manifesto. Cambridge UP 1960. Introduction.
Hirschman, Albert O.. “The Rise and decline of Development Economics”. In Hirschman, Albert O.. Essays in Trespassing: Economics to Politics and Beyond. Cambridge UP 1981.
Altmann, Matthias P. Contextual Development Economics: A Holistic Approach to the Understanding of Economic Activity in Low-Income Countries. Springer 2011. Ch. 6: The First Generation of Development Economists.
James M. Warner & Kenneth P. Jameson. “The Role of Eastern Europe in Development Economics’ History” & Jeannette Mitchell. “The Doctrine of Market Failure and Early Development Theory”. History of Economics Review. Iss. 39. Jun. 2004 & Iss. 44. Dec. 2006. extracts.


and at least one of the following:
Krugman, Paul. “Toward a Counter-Counterrevolution in Development Theory”. in Proceedings of the Annual World Bank Conference on Development Economics 1992. World Bank 1993. Intro & sections I &II.
Collier, Paul. “African Growth: Why a ‘Big Push’”. Journal of African Economies Vol. 00. AERC Supp. 2. 2006. Sections 1 and 2, possibly 3.
Sachs, Jeffrey. et al.. “Ending Africa's Poverty Trap”. Brookings Papers on Economic Activity. Iss. 1. 2004. introduction, first two sections, and beginning of the next.


Dollar, David & Aart Kraay v. Dani Rodrik. “Trade Promotes Growth v. Trade does not Promote Growth”. in Oatley, Thomas (ed.). Debates in International Political Economy. 2nd ed. 2012.
Chang, Ha-Joon. Kicking Away the Ladder. Development Strategy in Historical Perspective. 2002. exctracts from Introduction and first chapter.
Kanatsu, Takashi. “The Asian Tigers”. In Barnett, Vincent (ed.). Routledge Handbook of the History of Global Economic Thought. 2005.
Nafziger, E. Wayne. Economic Development. 5th ed. 2012. Extract from Ch. 17: International Trade.


Harvey, David. A Brief History of Neoliberalism. Oxford UP 2005. Introduction.
John Weeks & Howard Stein. “Washington Consensus”; A.P. Thirlwall. “Debt Crisis” (excerpt); Howard White. “Economic Aid” (excerpt). In Clark, David A. (ed.). The Elgar Companion to Development Studies. 2006.
Sarah Babb & Alexander Kentikelenis. “International Financial Institutions as Agents of Neoliberalism”; Nitsan Chorev. “Neoliberalism and Supra- National Institutions” (short excerpt); Joshua Barkan. “Corporate Power and Neoliberalism” (short excerpt). in Damien Cahill, Melinda Cooper, Martijn Konings & David Primrose (eds.). The Sage Handbook of Neoliberalism. 2018.
Bracking, Sarah. Money and Power. Great Predators in the Political Economy of Development. Pluto Press 2009. Introduction.
McMichael, Philip D.. Development and Social Change. A Global Perspective. 6th ed. 2016. Ch. 5: Instituting the Globalization Project.


Frantz Fanon [tr. R. Philcox]. The Wretched of the Earth. Grove Press (1961) 2004. most of Ch. 3: ‘The Trials and Tribulations of National Consciousness’ and a few pages fromCh. 4: ‘On National Culture’. Read at least the first 27 pages of Ch. 3, up top. 123 (p. 30 of the pdf), and preferably up to including p. 128 + pp. 140-144. Reading the rest of the excerpt is optional.
McEwan, Cheryl. “Postcolonialism”. in Vandana Desai and Robert B. Potter (eds.). The Companion to Development Studies. 3rd ed. 2014.
Murrey, Amber. “Colonialism”. In Kobayashi, Audrey (ed.). Encyclopedia of Human Geography. 2nd ed. 2020.


Carolyn Gallaher. “Ethnic Conflict”; Jan Penrose. “Nation” (mainly the section on "Nation building"). In Kobayashi, Audrey (ed.). Encyclopedia of Human Geography. 2nd ed. 2020.
Balibar, Étienne & Immanuel Wallerstein. Race, Nation, Class. Ambiguous Identities. 1991. Chapters 2-4.
Chakrabarty, Dipesh. “Review of Amartya Sen ‘Identity and violence. The illusion of destiny’ 2006”. South Asian History & Culture. Vol. 1. No. 1. 2010.


Beall, Jo & Sean Fox. Cities and Development. Routledge 2009. primarily ch. 3: ‘Urbanismand economic development’. further chs 1, 2, 4 & 6


Mamphela Ramphele. “Poverty”; Richard Jolly. “Income Distribution”; Frank Ellis. “Rural Poverty Reduction”; Henry Bernstein “Land Reform”; Jonathan
R. Pincus. “Green Revolution and biotechnology”; In Clark, David A. (ed.).
The Elgar Companion to Development Studies. 2006.


at least one of the three following:
Kay, Cristóbal. “Why East Asia Overtook Latin America: Agrarian Reform, Industrialisation and Development”. Third World Quarterly. 2002.
Cypher, James M. & James L. Dietz. The Process of Economic Development. 3rd ed. 2009. section”Land reform” in ch. “Agriculture and development”.
Wiegersma, Nan & Joseph E. Medley. US Economic Development Policies towards the Pacific Rim. 2000. Ch. 3: Agriculture in Taiwan and South Korea.


Hall, Ruth. “A political economy of land reform in South Africa”. Review of African Political Economy. No.100. 2004.
Hall, Ruth. Let's redistribute the land | TEDxCapeTownSalon Dec. 2019 (video) https://www.youtube.com/watch?v=g2beMMv5anw


Hall, Ruth - Expropriation without compensation, land reform and justice in South Africa | PLAAS Seminar Feb. 2020 (video) https:// www.youtube.com/watch?v=QpQMdY3kRqE


Banyan. “For Asia, the path to prosperity starts with land reform”. The Economist. 14th Oct. 2017.
Kirk, Dudley. “Demographic Transition Theory”. Population Studies. Vol. 50. Iss. 3. 1996.
Kabeer, Naila. “Gender, demographic transition and the economics of family size: Population policy for a human-centred development”. United Nations Research Institute for Social Development Occasional Paper No. 7. 1996

 



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Note

THIS COURSE IS HELD AT WITS, JOHANNESBURG, SOUTH AFRICA.

IT'S NOT POSSIBLE TO ATTEND IT ONLINE.

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