| Syllabus |
EXP 91F
EPIIC 2007-08
Global Poverty and Inequality
SYLLABUS
Tuesday, September 4
Introduction to the EPIIC year, Part I
Thursday, September 6
Introduction to the EPIIC year, Part II
Tuesday, September 11
Poverty and Violence: An Overview
Lecturer: Jim Shyne
Readings
Books
· The Bottom Billion, Paul Collier (chapters 1,2 & 8)
· Profiting from Peace, Ballentine and Nitzschke (chapters 1, 2 & 12)
· Too Poor for Peace?, Brainard & Chollet (chapters 1-3 (skim chapters 4-10)
· Pathologies of Power, Paul Farmer, Forward by Amartya Sen (Introduction and chapter 1)
· Capitalism's Achilles Heel by Raymond Baker, (Prologue and chapters 1 & 2 (skim chapter 3)
· Poverty in World History, Steven M. Beaudoin, all
Handout
· "The Political Economy of Armed Conflict", Karen Ballentine and Jake Sherman, Intro & Part I (pp. 1-70)
Thursday, September 13
Rosh Hashanah - No Class
Readings
Books
· Capitalism's Achilles Heel by Raymond Baker, all
· Poor People, William T. Vollman, all
· The Bottom Billion, Paul Collier, all
Tuesday, September 18
Lecturer: Fred Berger
Readings
Handouts
· "Divergence, Big Time", Lant Pritchett, The Journal of Economic Perspectives, Vol. 11, No. 3 (Summer 1997, pp 3-17)
· "The World Distribution of Income: Falling Poverty and Convergence, Period", Xavier Sala-i-Martin, The Quarterly Journal of Economics, Vol. CXXI May 2006 Issue 2, pp 351-397
· "The Microfinance Promise", Jonathan Morduch, Journal of Economic Literature, Vol. 37 No 4 (Dec 1999) pp 1569-1614
· "Beyonf Microfinance: Getting Capital to Small and Medium Enterprises to Fuel Faster Development", David De Ferranti and Anthony J. Ody, The Brookings Institution Policy Brief #159, March 2007
· "The Missing Parts of Microfinance: Services for Consumption and Insurance", Timothy H Nourse, SAIS Review vol. XXI No. 1 (Winter Spring 2001) pp 61-70
· "Dead Capital and the Poor", Hernando De Soto, SAIS Review, vol XXI no 1 (Winter-Spring 2001) pp13 - 44
· "Do Property Titles Increase Credit Access Among the Urban Poor? Evidence from a Nationwide Titling Program", Erica Field and Maximo Torero, March 2006 (working paper 28 pp)
· NYTimes China and Africa Series (there are three of them), Howard French and Lydia Polgreen ("China, Filling a Void, Drills for Riches in Chad." The New York Times. August 13, 2007; "Entrepreneurs From China Flourish in Africa." The New York Times. August 18, 2007; "China's Trade in Africa Carries a Price Tag." The New York Times. August 21, 2007)
· "Odious Debt Wears Two Faces: Systematic Illegitimacy, Problems and Opportunities in Traditional Odious Debt Conceptions in Globalized Economic Regimes", Larry Cata Backer, Dickinson School of Law, Pennsylvania State University. February, 2007
· "Odious Debt: When Dictators Borrow, Who Repays the Loan."Michael Kremer and Seema Jayachandran. The Brookings Review. Vol. 21, No. 2. Pgs. 32-35
· "Aid, Policy and Growth in Post-Conflict Societies", Paul Collier and Anke Hoeffler, World Bank Policy Research Working Paper 2902, 2002
· The draft World Bank Group Strategic Planning Exercise
· "Monitoring Corruption: Evidence from a Field Experiment in Indonesia", Benjamin Olken, Journal of Political Economy 115 (2) : April 2007. Pgs. 200-249.
Thursday, September 20
MicroFinance
Lecturer: Rachel Glennister of the Poverty Action Lab/Ajaita Shah/Rachel Bergenfield
Handouts
· Development Economics: Micro Foundations and Policy Analysis, Julie Schaffner (Introduction; Chapter 2: Well-being and Living Standards; Chapter 4: Poverty, Inequality and Vulnerability ; Chapter 10: Rigorous and Practical Policy Analysis)
Tuesday, September 25
First Exam (Tisch 304)
Thursday, September 27
Overview of Econometrics and Development Theories, Terms
Lecturers: Matt MacGregor and Jim Shyne
No Assigned Readings
Friday, September 28-Sunday, September 30
Outward Bound Weekend Immersion
Guest Lecturer: Jack Blum
Jack Blum, described by the Wall Street Journal as one of the leading white-collar defense attorneys specializing in money laundering, is a former Congressional investigator specializing in international financial crime, money laundering and offshore tax evasion. He has investigated Bank of Credit and Commerce International (BCCI), General Noriega's drug trafficking and Lockheed's overseas bribes, and serves as an expert consultant to government agencies in several countries.
Readings
Books
· Capitalism's Achilles Heel, Raymond Baker, all
· Global Outlaws: Crime, Money and Power in the Contemporary World, Carolyn Nordstrom, all
Handouts
· "Fighting Poverty and Corruption: Integrating the Fight Against Corruption into the PRS Process - Analysis and Recommendations for Development Cooperation", Walter Eberlei et al.
· "Corruption and Poverty: A Review of Recent Literature" (Final Report), Eric Chetwynd et al.
· The Education of Henry Adams, Henry Adams, chapters 1 and 16-25
Tuesday, October 2
Econometrics Continued
Lecturer: Jim Shyne
No Assigned Readings
Thursday, October 4
Corporate Social Responsibility/Children, Education and Poverty
Guest Speakers: Marcy Murninghan/Don Wertlieb
Guest Speaker: Marcy Murningham
IGL INSPIRE Fellow; Founder and President, The Lighthouse Investment Group (CSR); professor at Harvard Divinity School and Babson College; former president of the Social Investment Services Division of Mitchell Investment Management Company, Inc.; published "Power & Principles: Leaders in Media and Finance Reflect on the Ethical Framework of Their Work," "Corporate Civic Responsibility and the Ownership Agenda: Investing in the Civic Good," and "Flower Power: Lucile Belen and the Politics of Integrity" in the New England Journal of Public Policy, among other works.
Handouts
· "The Meaning of Social Entrepreneurship," original draft, J. Gregory Dees, 31 October 1998; reformatted and revised, 30 May 2001
· "The Social Enterprise Spectrum: Philanthropy to Commerce," J. Gregory Dees, Harvard Business School Publishing, 9-396-343, 1996
· "Philanthropy and Enterprise: Harnessing the Power of Business and Entrepreneurship for Social Change," J. Gregory Dees, a paper presented to the Aspen Institute "Social Enterprise and Private Enterprise," 2 August 2007
· "Creating Social Capital Markets for Fourth Sector Organizations: Opportunities and Challenges," Meeting Summary of the Aspen Institute's Nonprofit Sector and Philanthropy Program and the Fourth Sector Network, in collaboration with the Calvert Social Investment Foundation and The Case Foundation, New York, 14 June 2007
· "The Responsibilities of Corporations and Their Owners," John Simon, Charles Powers, and Jon Gunneman, The Ethical Investor (New Haven: Yale University Press, 1972), pp. 15-64
· "Corporations and Social Responsibility: An Historical Perspective", Marcy Murninghan, The Social Investment Almanac 1992 , pp. 86-94
· A Corporate Democracy and the Legacy of the South African Divestment Movement, Robert K. Massie, Jr., in Stackhouse, et al., On Moral Business: Classical and Contemporary Resources for Ethics in Economic Life (Grand Rapids, MI: Wm. Eerdmans Publishing Co., 1995), pp. 577-583
· FT REPORT - "Responsible Business: Now firmly in the mainstream," John Willman, Financial Times, 2 July 2007
· FT REPORT - "Responsible Business: The lessons we have learnt," Alison Maitland, Financial Times, 3 July 2007
· "100 Best Corporate Citizens 2007," and "Methodology," compiled by KLD Research & Analytics and published by CRO Magazine, Jan / Feb 2007
· "Building the Institutional Infrastructure for Corporate Social Responsibility," Sandra Waddock, Corporate Social Responsibility Initiative Working Paper No. 32, John F. Kennedy School of Government, Harvard University, December 2006
· "Citizen's Guide to Supercapitalism," from Supercapitalism: The Transformation of Business, Democracy, and Everyday Life, Robert Reich, (New York: Alfred A. Knopf, September 2007), pp. 209-225
· "Laws and Charters," in The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It , Paul Collier, (New York: Oxford University Press, April 2007) pp. 134-156
· "Leveraging the Development Impact of Business in the Fight Against Global Poverty," Jane Nelson, Corporate Social Responsibility Initiative Working Paper No. 22, John F. Kennedy School of Government, Harvard University, April 2006
· "Business and Human Rights: The Evolving International Agenda," John Ruggie, Corporate Social Responsibility Initiative Working Paper No. 38, John F. Kennedy School of Government, Harvard University, June 2007
· "A New Kind of Voter Education Project: Responsible Equity Ownership & the Public Interest," Marcy Murninghan, Value Vol. 1, No.1 (Jan/Feb 2006), pp. 60-62
· "Investors Filing Record Number of Social and Environmental Shareholder Resolutions in 2007," press release from the Social Investment Forum, 30 May 2007 http://www.socialinvest.org/documents/2007ProxySeasonPreview_001.pdf
· "NYCERS: Walkin' the Activist Walk," Hugh Wheelan, Responsible Investor , September 2007 http://www.responsible-investor.com/beta/article/nycers/
· Principles for Responsible Investment (Geneva: United Nations Environmental Programme Finance Initiative, 2007) http://www.unpri.org/files/pri.pdf
· "Signatories to the Principles for Responsible Investment," UNEP FI, August 2007 http://www.unpri.org/signatories/
· "Sudan Divestment Initiative Grows," L. Reed Walton, a report from Institutional Shareholder Services, 6 August 2007 http://blog.issproxy.com/2007/08/sudan_divestment_initiative_gr.html
· Global Framework for Climate Risk Disclosure: A statement of investor expectations for comprehensive corporate disclosure , CERES et al., a report of the Global Climate Risk Initiative, October 2006
· "Executive Summary: College Sustainability Report Card 2007," a report of the Sustainable Endowments Institute (Cambridge, MA: 2007)
· "Tufts University" from College Sustainability Report Card 2007
· A Call for Action: Consensus Principles and Recommendations from the U.S. Climate Action Partnership , USCAP, January, 2007 (www.us-cap.org)
· "Scrubbing the Sky: Climate Change and the Productive Center," Marcy Murningham, Special Issue on Climate, Water & Oil, New England Journal of Public Policy 21 (July 2007), pp. 65-86
Websites
· http://www.4thworldmovement.org/
· http://www.futureofchildren.org/usr_doc/PovertySummary.pdf
· http://www.cbsnews.com/stories/2006/05/11/60minutes/main1611936.shtml
Tuesday, October 9
Guest Lecturer: David Rothkopf
David J. Rothkopf is chairman and CEO of The Rothkopf Group, a high-level advisory and consulting service for international corporations and governments. Mr. Rothkopf is also a visiting scholar at the Carnegie Endowment for International Peace, and has written several books, including one about the global elite that is titled The Superclass , which is due in print in March. Mr. Rothkopf was also chairman, CEO and co-founder of Intellibridge Corporation, a leading provider of international analysis and open-source intelligence for the U.S. national security community and selected corporations. Before founding Intellibridge, Mr. Rothkopf was managing director of Kissinger Associates, the international advisory firm founded and chaired by former U.S. Secretary of State Henry A. Kissinger. He also served as Acting U.S. Under Secretary of Commerce for International Trade and joined the Clinton Administration in 1993 as Deputy Under Secretary of Commerce for International Trade Policy Development.
No Class - Monday's Schedule
Reading
Handout
· Excerpt from Superclass manuscript, David Rothkopf
Thursday, October 11
Guest Lecturer: Mort Rosenblum
Reading
Book
· Escaping Plato's Cave, Mort Rosenblum
Friday, October 12
First Paper Due by 3pm, emailed to Heather
Tuesday, October 23
Group Discussion
Reading
Tuesday, October 16
Guest Speaker: Fernando Reimers
Friday, October 18
Guest Speaker: Matt Bai
Tuesday, October 23
Group Discussion
Reading
Books
• Poverty in World History, Stephen Beaudoin (review all)
• The Bottom Billion, Paul Collier (review all)
Thursday, October 25
Guest Lecturer: Iqbal Qadir
Iqbal Quadir was born in Jessore, and moved to the United States in 1976 and later became a naturalized U.S. citizen. He received a B.S. with honors from Swarthmore College (1981), an M.A. (1983) and an M.B.A. (1987) from the Wharton School of the University of Pennsylvania. In 1993, Quadir started a New York-based company named Gonofone (Bengali for "phones for the masses"), which later became the launch-pad for GrameenPhone. Currently the largest telephone company in Bangladesh with nearly sixteen million subscribers, GrameenPhone provides telephone access to more than 100 million rural people living in 60,000 villages and generates revenues close to $1 billion annually. With infrastructure investments of more than $1 billion, GrameenPhone is providing cellular coverage throughout Bangladesh. GrameenPhone's success has been lauded as a model for a novel approach to improving economic opportunity and connectivity and empowering citizens in poor countries, through profitable investments in technology.
Reading
Handouts
• Packet
- “Power to the People”, The Economist (March 9, 2006)
- “Wharton’s 125 Influential People and Ideas”, Elliot Schrage (Spring 2007)
- “Helping the Poor, Phone by Phone” by Susan E. Reed, The New York Times
(May 26, 2002)
- “Iqbal Quadir: Opportunity Comes Calling. Think cellphones are only for the
rich? This ex-banker has proven otherwise.” By Yasmin Ghahremani, Asia Week
(June 29, 2001)
- “Iqbal Quadir, Gonofone, and the creation of GrameenPhone (Bangladesh)”
Daniel Isenberg, Carin-Isabel, Knoop, David Lane, Harvard Business Review
(May 4, 2007)
- “Foreign Aid”, Iqbal Quadir, economist.com (April 17)
- “Foreign Aid: The non-aligned movement”, economist.com (April 4, 2007)
- “The Loan Ranger”, Iqbal Quadir, The HBR List (February 2004)
- “The Bottleneck Is At the Top of the Bottle”, Iqbal Z. Quadir, The Fletcher
Forum of World Affairs (Summer/Fall 2002)
- “Digital Solutions”, Iqbal Z. Quadir, The New York Times (November 10, 2000)
- “Bill Gates Turns Skeptical on Digital Solution’s Scope”, Sam Howe Verhovek,
The New York Times (November 3, 2000)
- “How business can help: New Technologies can transform poor nations.” Iqbal
Z Quadir, Newsweek Special Issue (2000)
- “You Can Hear Me Now: How Microloans and Cell Phones are Connecting the
World’s Poor To the Global”, Nicholas P. Sullivan (2007)
- “Good Capitalism Bad Capitalism”, William J. Baumol (2007)
• “Design for the Other 90 Percent”
Friday, October 26
Program Committee Dream Symposium Due
Monday, October 29
Second Essay Due by 3pm to heather.barry@tufts.edu
Tuesday, October 30
Guest Lecturer: David Dapice
Professor Dapice joined the Tufts faculty in 1973 as an Assistant Professor and was promoted to Associate Professor in 1980. He has specialized in development economics, especially in Southeast Asia. He has taken leave at the World Bank (as a Brookings Policy Fellow in 1976-77), the Rockefeller Foundation (1980-81), and the Harvard Institute for International Development (1990-91) where he is now a Faculty Associate engaged in half-time research, supported by foundation grants. He received tenure in 1980 and has served as Chair of the Economics Department. His recent professional activities have centered on researching and assisting with the economic reforms in Vietnam. He has contributed to several books on that topic and teaches at the Fulbright School in Ho Chi Minh City.
Reading
Books
• The End of Poverty, Jeffrey Sachs, all
• The White Man’s Burden, William Easterly, all
Thursday, November 1
Tbd
Tuesday, November 6
Guest Lecturer: Enrico Spolaore
Enrico Spolaore is a Professor of Economics at Tufts University. His research interests are political economy, international economics, and economic growth. His publications include articles in academic journals (American Economic Review, European Economic Review, Journal of Public Economics, Quarterly Journal of Economics, Review of Economic Studies, and others), chapters in edited volumes (Handbook of Economic Growth, Oxford Handbook of Political Economy), and the book The Size of Nations, co-authored with Alberto Alesina (MIT Press). He holds a B.A. (Laureate) in Economics from the University of Rome, a Ph.D. in Political Economy from the University of Siena, and a Ph.D. in Economics from Harvard University.
What Explains Economic Development? (A Brief and Selective Survey of) Recent Research on Geography, Openness, and Institutions
A. Geography and Institutions
B. Political Geography and International Openness
Reading
Book
• How Rich Countries Got Rich…and Why Poor Countries Stay Poor by Erik Reinert
Handouts
Main Readings for A
• “Tropical Underdevelopment” by Jeffrey Sachs
• “Factor Endowments, Inequality, and Paths of Development among New World Economies” by Stanley Engerman and Kenneth Sokoloff
• "The Colonial Origins of Comparative Development: An Empirical
Investigation" by Darren Acemoglu et al.
Main Reading for B
• “Trade, Growth and the Size of Countries” by Alberto Alesina, Enrico Spolaore,
and Romain Wacziarg
Additional Reading for A
• Acemoglu, Daron, Simon Johnson and James A. Robinson (2002), "Reversal of
Fortune: Geography and Institutions in the Making of the Modern World Income Distribution", Quarterly Journal of Economics, volume 117, pp. 1231-1294, November.
• Easterly, William and Ross Levine (2003), "Tropics, Germs, and Crops: the
Role of Endowments in Economic Development", Journal of Monetary Economics, vol. 50, no. 1, January.
• Dani Rodrik, Arvind Subramanian and Francesco Trebbi (2004), "Institutions
Rule: The Primacy of Institutions over Geography and Integration in Economic
Development", Journal of Economic Growth, vol. 9, no.2
• Edward Glaeser, Rafael LaPorta, Florencio Lopez-de-Silanes and Andrei
Shleifer (2004), "Do Institutions Cause Growth?", Journal of Economic Growth,
vol. 9, pp. 271-303, September.
Additional Reading for B
• Alberto Alesina, Enrico Spolaore, and Romain Wacziarg, “Economic
Integration and Political Disintegration,”American Economic Review, December
2000.
• Enrico Spolaore and Romain Wacziarg, “Borders and Growth,” Journal of
Economics Growth, December 2005.
• Alberto Alesina and Enrico Spolaore, The Size of Nations, MIT Press, 2003;
paperback: 2006.
Thursday, November 8
Guest Lecturer: James Jennings, UEP
Reading
Book
• A New Introduction to Poverty: The Role of Race, Power and Politics by Louis Kushnick and James Jennings
Thursday, November 15
Guest Lecturer: Edith Balbach
Tuesday, November 20th
Guest Lecturer: Gywn Prins and William Moomaw
Tuesday, December 4th
Guest Lecturers: Jose' Maria Argueta and Teny Oded Gross
Jose' Maria Argueta is the former (and first civilian) National Security Adviser of Guatemala and the former Guatemalan Ambassador to Japan and Peru. In Guatemala, Mr. Argueta oversaw and calibrated the ongoing Guatemalan Peace Process and managed relations with the US, European Union, Taiwan, and other Central American countries during his tenure in government. As Guatemalan Ambassador to Peru, he was among the hostages taken at the Japanese Embassy in late 1996 by the Tupac Amaru guerillas. He was among the lead negotiators that helped gain freedom for the hundreds of hostages that were captured for over 126 days in the Japanese Embassy. Currently Ambassador Argueta is the Executive Vice President of ODEPAL International.
Thursday, December 6th
Guest Speaker: Jennifer Burtner