ADC6610
Governance
Structure and Economic Development
Spring 2008
PROFESSOR: Yoshitaka
Okada
CLASS ROOM:
CLASS HOURS: 18:00-21:00 on Mondays
OFFICE HOURS:
Monday evening by appointment
Comprehensive Syllabus: http://www.fla.sophia.ac.jp/academics/syllabus/IBE469_Okada.pdf
COURSE DESCRIPTION:
When
the world is facing radical transformation in the global industrial structure,
globalization of business activities, a new system of production, and a new ideological
orientation on development, it is necessary for developing countries to reconstruct
developmental policies adapting to diverse changes in environment. But changes are so complex and intensive
that new adaptation requires not only response to external environment, but
also accommodation of existing socio-economic conditions. In a sense, developmental policies now
need to have a vision of harmonizing global movements and the diverse sectors
of socio-economic activities, namely, a new governance of national
economy. This course attempts to
capture the recent movements of government policies and administrative
practices, which try to generate a harmonized system of diverse development
policies, organizations, and management practices. I shall heavily rely on an institutional
perspective.
READING ASSIGNMENTS
Required
readings for this course are marked with ** in this course outline and are
deposited in the library. You do
not have to read articles without stars.
TERM PAPER: A term paper of approximately 15 to 20 pages on a specific
developmental issue is required.
Paper Proposal Due: April 28, 2008 Write
a brief paragraph indicating the nature of the topic. If possible, give a brief
skeletal outline also. Indicate at least three references that you think will
be useful.
Paper Due: June 16,
2008 (Monday)
PAPER PRESENTATION BY STUDENTS
June 16, 2008 (Monday)
MID-TERM EXAMINATION: Due
date: May 12, 2008 (Monday)
Select three
theories from the section II (Theoretical Background) and answer two questions
in each theory: (1) briefly summarize the argument of the theory and (2) write
how the theory can be applied to the situation of developing countries with at
least one good concrete example. The
report should not exceed fifteen pages written in double space.
COURSE GRADE: 50%
on the paper; 40% on the examination, 10% on class participation and paper
presentation.
COURSE OUTLINE:
I. Introduction: Old and New Development Theories
II. Theoretical Background
A.
Diffusionist, Growth and New Growth Theories
B.
New Political Economy (New Government Failure)
C.
Institutions of Economic Development
D.
Social Embeddedness and Networks
E.
Social Capital
F.
New Institutional Economics
G.
Methodological Individualism and Distributed Knowledge
H.
Path Dependent Development
I. New Market Failure
III.
A.
Government, Governance and Development
B.
Corruption in Developing Countries
C.
Governance of Economies and Diversity of Capitalism
1.
Governance Structure of Industrial System
2.
Corporate Governance
3.
Techno-Governance Structure
4.
Managing with Market-Type Mechanism
D.
Role of Civil Society and NGOs
1. Concept of
Civil Society
2.
NGO Performance and Accountability
3.
Public, Private and NGO Collaboration
4. Global Partnership between UN and the Private Sector
E. Corporate
Social Responsibility , Socially Responsible Investments and the Bottom of
Pyramid
4/7 S1
I. Introduction: Old and New Development Theories
**320. Gerald M. Meier, “The Old Generation of Development Economics and the New,“
in Gerald M. Meier and Joseph E. Stiglitz, eds., Frontiers of
Development Economics: the Future in Perspective, (
II.
Theoretical Background
4/7 S2
A. Diffusionist,
Growth and New Growth Theory
A.1. Diffusionist Approach
11. W. W. Rostow, The Stages of Economic Growth: A Non-Communist Manifesto, (Cambridge: Cambridge University Press, 1971), pp. 1-58.
A.2 New Growth Theory
304 Robert J. Barro, Determinants of Economic Growth: A Cross-Country empirical Study, (Cambridge, Massachusetts: The MIT Press, 1997), pp. 1-47.
B. New Political Economy (New Government Failure)
**353 Joachim Ahrens, “From New Political
Economy to New Institutional Economics,” in Governance and Economic
Development, (
4/14 S1
C. Institutions of
Economic Development
12nn. Charles
F. Sabel, "Learning by Monitoring: The Institutions of Economic
Development," in
The
Handbook of Economic Sociology, pp. 137-165.
4/14 S2)
D. Social Embeddedness and
Network
**27. Mark
Granovetter, "Economic Action and Social Structure: The Problem of
Embeddedness,"
The Sociology of Economic Life, pp. 53-84.
E. Social Capital
400. Philip Evans and Bob Wolf, “Collaboration
Rules,” Harvard Business Review, July-August 2005, pp. 96-104.
4/21 S1
F. New
Institutional Economics
**24.
Oliver
Williamson, "The Economics of Organization: The Transaction Cost
Approach," American
Journal of Sociology 87 (3,1981):548-577.
4/21 S2
G. Methodological
Individualism and Distributed Knowledge (Frederick Hayek)
Chiaki Nishiyama and Kurt R. Leube, The Essence of HAYEK, (Standord: Hoover Institution Press, 1984)
H. Path Dependent
Development
51. Douglass
C. North, Instituions, Institutional Change and Economic
Performance,
(Cambridge: Cambridge University Press, 1990),
Paper Proposal Due
4/28 S1
I. New Market
Failure (Information Economics)
**312. Joseph Stiglitz, “Markets, market failures, and development,” American Economic Review 79 (1989, 2, May) : 197-203.
III.
4/28 S2
5/5 S1, S2
A. Government, Governance and Development
**353 Joachim Ahrens, “Institutional change
and economic performance,” in Governance and Economic Development, (
(Take-home Mid-term Examination Due)
5/12 S1
B. Corruption in Developing
Countries
**404. The World Bank, Anticorruption in Transition: A
Contribution to the Policy Debate, (
5/12 S2
C. Governance of Economies and Diversity of
Capitalism
1.
Governance
Structure of Industrial System
201
Peter A. Hall and David Soskice
eds., “An Introduction to Varieties
of Capitalism,” in Varieties of
Capitalism: The Institutional
Foundations of Comparative Advantage, (
2002), pp. 1 – 68.
5/19 S1
2.
Corporate Governance
15nn. Jonathan P.
Charkham, Keeping Good Company, (
1994), pp.
74-113 on
5/19 S2
3. Techno-Governance Structure
**8. Bengt-Ake
Ludvall (ed.), National System of Innovation, (London: Printer
Publishers, 1992), pp. 1-44.
5/26 S1
4. Managing with Market-Type Mechanism
51nn. Organization
for Economic Cooperation and Development, Managing with Market-type
Mechanisms,
(Paris: Organization for Economic Cooperation and Development, 1993).
5/26
S2
5.
Bottom of Pyrammid
401. C.K. Prahalad and Allen
Hammond, “Serving the World’s Poor, Profitably,” Harvard Business Review, September
2002, pp. 48-57.
C. Role of Civil Society (NGOs and Development)
1. Concept of Civil Society
**100.
Lester M. Salamon, “The
Rise of the Nonprofit Sector,” Foreign Affairs, Vol. 73 (No. 4),
1994,
pp. 109-122.
6/2 S1
2.
NGO Performance and Accountability
107 Michael Edwards and David Hulme,
(eds.), Beyond the Magic Bullet, (
6/2 S2 3.
Public, Private and NGO Collaborations
**251. Lester M. Salamon, The State
of Nonprofit
pp.
3-61.
4. Global Partnership between UN and the Private Sector
250. United Nations, Building
Partnerships: Cooperation between the United Nations System and the Private
Sector, (N.Y.: United Nations Publication, 2002), pp. 43-131, 135-148, 176-190.
6/9 S1, S2
5. Corporate Social Responsibility, Socially Responsible Investments and
the Bottom of Pyramid
** 260 David Hess, Nikolai Rogovsky, Thomas W. Dunfee, “The Next Wave of Corporate Community Involvement: Corporate Social Initiatives, California Management review 44(2, Winter, 2002) 110-125.
262. Andrew Friedman and Samantha Miles, “Developing Stakeholder Theory,” Journal of Management Studies 39(1, January 2002), pp. 1-21.
Paper Due
6/16 S1, S2 Students' Paper Presentations