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CEE Economic Growth and Development



Lectures are Wednesdays at 4.30pm, room 9

Syllabus


Main textbook companion website:
"Economic Growth" (Weil, 2012)

In case you need more background to understand growth theory:
Textbook, Jones (2001); and Exercises, Jones (2001)

Highly recommended "Introduction to Modern Economic Growth"
Textbook, Acemoglu (2007)

On the relationship between institutions and economic growth
Paper, Acemoglu, Johnson, and Robinson (2004)

Math backup
Math tools for economic growth

Countries that our class will focus on:
EBRD (2014)



Week 1
Lecture 1.1
Lecture 1.2

Money can't buy happiness? Or, can it?
Emerging economies: Hold the catch-up
EBRD - Transition Report 2013


Week 2
Lecture 2.1
Lecture 2.2 (Market vs Planned: example)

Example of Project Assignment
Article: Azerbaijan - How to spend it?
Comment: Azerbaijan - How to spend it?

Case Study:
Summary
Full text


Week 3
Lecture 3.1
Lecture 3.2
Pay and economic growth: A shrinking slice


Week 4
Lecture 4.1
Lecture 4.2


Week 5
Lecture 5.1
Lecture 5.2
Economic Growth and Development in CEE after the Transformation (Dombi, 2013)
Derivation of the steady state (notes)


Week 6
Lecture 6.1 (Midterm)
Lecture 6.2 (Guest Lecture)


Week 7
Lecture 7.1
Lecture 7.2
The East European Miracle: How did Poland avoid the global recession?


Week 8
Lucas lecture -> repeated
Lecture 8.1
Lecture 8.2
Foreign Direct Investments in Central Eastern Europe
Flat-Tax Wave Ebbs in Eastern Europe


Week 9
Lecture 9.1
Lecture 9.2
EBRD Report - CEE growth a country tailored approach


Week 10
Lecture 10.1
Lecture 10.2 (Review, derviation with h (human capital) attached)
How Central Eastern Europe Is Transforming From Outsourcing To A Real Tech Hub