Development economics has been defined as the study of the economic structure and reduction of poverty, improvement in basic standards of living and increase in productive capacity. In the first part of the course, we will study paradigms that have dominated the debate on economic development in recent decades: theories of post-war modernization and capital accumulation, state-regulated markets (Keynesianism) and the neo-classical paradigm of the globalization project, which has dominated economic policy since the early 1990s. To exemplify the theory, we will focus on the structural transformation of agriculture and energy markets.

Semester: WiTerm 2020/21