This course aims to provide an advanced insight into the key variables of economic development and their complex interactions in the process of change from a factor-driven first to efficiency-driven and then to innovation-driven structure.

1-) Comparative analysis of theories of development 2-) Measuring economic growth and development 3-) Structural transformation and industrial sophistication 4-) Patterns and sources of technological development 5-) Population, education, and human capital 6-) Transnational corporations and economic development 7-) Finance and fiscal policy for development 8-) Balance of payments, debt, financial crises, and stabilization policies 9-) International trade theory and development strategy 10-) Income distribution, poverty, and environmental problems 11-) Revision of candidate papers 12-) Presentation of candidate papers

Teorik araştırma ve yazım, interaktif tartışma ve sunum

1-) Comparative analysis of theories of development -Cypher, James M. and Dietz, James L. (2009) The Process of Economic Development, London: Routledge. Chp-4 Classical and neoclassical theories Chp-5 Developmentalist theories of economic development Chp-6 Heterodox theories of economic development -Acemoglu, Daron. 2003. “Root Causes,” Finance and Development 40, 2 (June): 27–30. -Solow, Robert. 1956. “A Contribution to the Theory of Economic Growth,” Quarterly Journal of Economics 70 (February): 65–94. -Mankiw, N. Gregory, David Romer and David N. Weil. 1992. “A Contribution to the Empirics of Economic Growth,” Quarterly Journal of Economics 107 (May): 407–37. -Ramer, Pual M. (1994) ‘The Origins of Endogenous Growth’, Journal of Economic Perspectives, 8(1): 3-22. -Paul M. Romer, "Endogenous Technological Change," Journal of Political Economy 98, no. 5, Part 2 (Oct., 1990): S71-S102. -Sachs, Jeffrey D. 2005. The End of Poverty. London: Penguin Books. -Jan Nederveen Pieterse, Development Theory, Sage. 2-) Measuring economic growth and development -Cypher, James M. and Dietz, James L. (2009) The Process of Economic Development, London: Routledge. Chp 2 Measuring economic growth and development -Feenstra, Robert C., Robert Inklaar and Marcel P. Timmer (2015), "The Next Generation of the Penn World Table" American Economic Review, 105(10), 3150-3182, available for download at www.ggdc.net/pwt PENN World Tables 9.0, https://www.rug.nl/ggdc/productivity/pwt/ -World Development Indicators Anand, S. and Kanbur, S.M. 1993. “Inequality and Development: A Critique,” Journal of Development Economics 41: 19–43. Dietz, James L. and Louise Gibson. 1994. “What is Development? The Human Development Index, a New Measure of Progress?,” mimeo, California State University, Fullerton. Anderson, Jonathan. 2007. “Solving China’s Rebalancing Puzzle,” Finance & Development 44 (September): 32–5. 3-) Structural transformation and industrial sophistication -Yujiro Hayami and Yoshihisa Godo (2005) Development Economics, Oxford: Oxford University Press. Chp 2. A Comparative Perspective on Developing Economies -Reynolds, Lloyd G. 1986. Economic Growth in the Third World: An Introduction. New Haven, CT: Yale University Press. -Herrendorf, B, Rogerson, R. and Volentinyi, A. (2014), Growth and Structural Transformation, in Handbook of Economic Growth, v. 2, pp. 855–941 -İzak Atiyas & Ozan Bakis (2015) Structural Change and Industrial Policy in Turkey, Emerging Markets Finance and Trade, 51:6, 1209-1229. -Hausman, R. and Klinger B. (2006) ‘Structural Transformation and Patterns of Comparative Advantage in the Product Space’, KSG Working Paper No. RWP06-041,https://papers.ssrn.com/sol3/papers.cfm?abstract_id=939646, -Kohli, Atul. 1999. “Where do High-Growth Political Economies Come From? The Japanese Lineage of Korea’s ‘Developmental State’,” pp. 93–136 in Meredith Woo-Cumings (ed.), The Developmental State. Ithaca: Cornell University Press. -Grilli, E. and H. Yang. 1988. “Primary Commodity Prices, Manufactured Goods Prices, and the Terms of Trade of Developing Countries: What the Long Run Shows,” The World Bank Economic Review, 2: 1–47 -Crow, Ben and Mary Thorpe. 1988. Survival and Change in the Third World. New York: Oxford University Press. -Bagchi, Amiya. 1984. The Political Economy of Underdevelopment. Cambridge: Cambridge University Press. -Morley, Samuel A. 1995. Poverty and Inequality in Latin America. Baltimore, MD: The Johns Hopkins University Press. 4-) Patterns and sources of technological development -Yujiro Hayami and Yoshihisa Godo (2005) Development Economics, Oxford: Oxford University Press. Chp 6. Patterns and Sources of Technological Progress -Paul M. Romer, "Increasing Returns and Long-Run Growth," Journal of Political Economy 94, no. 5 (Oct., 1986): 1002-1037. Ruttan, Vernon W., 2000. "Technology, Growth, and Development: An Induced Innovation Perspective," Oxford: Oxford University Press. -Evenson, R., and Westphal, L. E. (1995), Technological Change and Technology Strategy', in J. Behrman and T. N. Srinivasan (eds.), Handbook of Development Economics, vol. 3A (Amsterdam: Elsevier): 2209-99. -Stewart, F. (1977), Technology and Underdevelopment (Boulder, Colo.: Westview Press). -Bercovitz, Janet and Feldman, Maryann (2006) ‘Entrepreneurial Universities and Technology Transfer: A Conceptual Framework for Understanding Knowledge-Based Economic Development’, The Journal of Technology Transfer, Volume 31, Issue 1, pp 175–188. -Nagesh Kumar ‘’ Intellectual Property Rights, Technology and Economic Development: Experiences of Asian Countries‘ Economic and Political Weekly, Vol. 38, No. 3 (Jan. 18-24, 2003), pp. 209-226 5-) Population, education, and human capital -Cypher, James M. and Dietz, James L. (2009) The Process of Economic Development, London: Routledge Chp 12 Population, education, and human capital -Birdsall, Nancy. 1988. “Economic Approaches to Population Growth,” in Hollis B. Chenery and T.N. Srinivasan (eds.), Handbook of Development Economics. Amsterdam: North Holland Publishers. -Mincer, Jacob. 1958. “Investment in Human Capital and Personal Income Distribution,” Journal of Political Economy 66: 281–302. -Schultz, T.W. 1960. “Capital Formation by Education,” Journal of Political Economy 68: 511–83. -David E. Bloom, David Canning and Pia N. Malaney, Population and Development Review Vol. 26, Supplement: Population and Economic Change in East Asia (2000), pp. 257-290. 6-) Finance and fiscal policy for development -Todaro, M. P. and Smith, Stephen, C. (2014) Economic Development, Boston: Pearson. 15 Finance and Fiscal Policy for Development -Commission on Growth and Development (Spence Commission). The Growth Report: Strategies for Sustained Growth and Inclusive Development. Washington: World Bank, 2008. Also available at http://www.growthcommission.org. -Hugh T. Patrick, “Financial development and economic growth in underdeveloped countries,”Economic Development and Cultural Change 14 (1966): 174–189. -Felix Rioja and Neven Valev, “Finance and the sources of growth at various stages of economic development,” Economic Inquiry 42 (2004): 27–40. -Ross Levine and Sara Zervos, “Stock markets, banks, and economic growth,” American Economic Review 88 (1998): 537–558. Other useful references include -Rudiger Dornbusch and Alejandro Reynoso,“Financial factors in economic development,”American Economic Review 79 (1989): 204–209. 7-) Balance of payments, debt, financial crises, and stabilization policies -Todaro, M. P. and Smith, Stephen, C. (2014) Economic Development, Boston: Pearson. Chp 13 - Balance of Payments, Debt, Financial Crises, and Stabilization Policies -John Williamson and Donald R. Lessard, Capital Flight: The Problem and Policy Responses (Washington, D.C.: Institute for International Economics, 1987) -Frances Stewart, “Theinternational debt situation and North-South relations,”World Development 13 (1985): 141–204. -Paul P. Streeten, “Stabilization and adjustment,”Labour and Society 13 (1988): 1–18. -James L. Dietz, “Debt and development:The future of Latin America,” Journal of Economic Issues 20 (1986): 1029–1051 -Cheryl Payer, The Debt Trap: The IMF and the Third World (New York: Monthly Review Press, 1974), pp. 1–49. -Dani Rodrik, “The limits of trade policy reform in developing countries,” Journal of Economic Perspectives 6 (1992): 87–105 -Andreas Savvides, “Investment slowdown in developing countries during the 1980s: Debt overhang or foreign capital inflows?”Kyklos 45 (1992): 363–378. -David Stuckler and Sanjay Basu, The Body Economic: Why Austerity Kills (New York: Basic Books, 2013. 8-) International trade theory and development strategy -Acharyya, R. and Kar, Saibal (2014) International Trade and Economic Development, Oxford: Oxford University Press. -Sarkar, P. 1986. “The Terms of Trade Experience of Britain since the Nineteenth Century,” Journal of Development Studies 23 (October): 20–39. -Singer, Hans. 1989. “Terms of Trade,” pp. 323–8 in John Eatwell et al. (eds.), The New Palgrave: Economic Development. New York: W.W. Norton. -Chang, Ha-Joon. 2007. Bad Samaritans: Rich Nations, Poor Policies, and the Threat to the Developing World. London: Random House. -Amsden, Alice H. 2001. The Rise of “the Rest”: Challenges to the West from Late-IndustrializingCountries. Oxford: Oxford University Press. 9-) Foreign direct investment, Transnational corporations, and Economic development -Jeffrey Henderson , Peter Dicken , Martin Hess , Neil Coe & Henry Wai-Chung Yeung (2011) ‘Global production networks and the analysis of economic development’, Review of International Political Economy, Volume 9(3), 2002, pp. 436-464. -Murali Patibandla and BentPetersen(2002) ‘Role of Transnational Corporations in the Evolution of a High-Tech Industry: The Case of India's Software Industry’, World Development, 30(9): 1561-1577. -Donning, John and Narula, Rajnaeesh (2003)Foreign Direct Investment and Governments: Catalysts for Economic Restructuring, London: Routledge. -Rhys Jenkins (2013)Transnational Corporations and Uneven Development, London: Routledge. 10-) Income distribution, poverty, and environmental problems -Kanbur, Ravi (2000) ‘Income Distribution and Development’, in Handbook of Income Distribution, North Holland. Pages 791-841. -Galor, Oded (2000) ‘Income Distribution and the Process of Development’, European Economic Review, 44(4-6): 706-712. -Tim Allen and Alan Thomas (2000) Poverty and Development, Oxford: Oxford University Press.-Hemamala Hettige, Muthukumara Mani David Wheeler (2000), Industrial pollution in economic development: the environmental Kuznets curve revisited, Journal of Development Economics, Volume 62, Issue 2, pp. 445-476 11-) Revision of candidate papers 12-) Presentation of candidate papers