Professors Eleanor Fox and Dennis Martin Davis
Wednesdays, 2:00-3:50 p.m.
Vanderbilt Hall, Room 208
This colloquium will be devoted to special problems and challenges of developing countries in the global environment, specifically as related to markets. We will explore how markets may benefit and harm developing countries and how forces of globalization can be harnessed to work for economic development. Coverage will involve two dimensions: one, problems and challenges of specific country sets, such as the rapidly emerging developing countries such as China and the very low income developing countries such as in subSaharan Africa; and issue-specific problems, such as poverty and inequality of wealth, corruption, environment, aid, trade and investment, competition law and policy, and institutions. The seminar will explore contrasting theories of economic development, of what is good for developing countries, and of the place of developing countries (of various configurations and aspirations) in the global economic environment. In approximately 10 of the 14 sessions, leading scholars in the area will present papers including works in progress. Students will be assigned to prepare a short reflection paper for several of these sessions. Students must prepare a research paper appropriate for a 2-credit course, or may elect to prepare a longer paper for an additional credit.