How does politics shape economic development across countries and within countries over time? What political institutions matter for explaining variation in economic development, why do these institutions matter, and where did they come from?

Assignment Question

Introduction: This assignment is an introduction to the political economy of development. How does politics shape economic development across countries and within countries over time? What political institutions matter for explaining variation in economic development, why do these institutions matter, and where did they come from? What role do culture, education, inequality, access to finance, corruption and the provision of public goods play in economic development? “Political Economy” is not a unified discipline, and there are studies using the term that have radically different perspectives. The world and society are more complicated, countries and regions are more varied than the traditional economics assumes, and thus considering the role of government, legal framework, and market structures are important. Fortunately, there has been a rapid advancement in economics in last several decades and many useful frameworks, with which we can approach to more realistic structures, have been provided (i.e., more rich frameworks explaining why and how countries and regions differ). pick up several of those frameworks or articles which are important and relevant to “development”. This is what consider “Political Economy”.

Aim and Objective of the Assignment: Course assignment is designed to develop analytical skills and you should be equipped with economic mind after the semester. The emphasis of this assignment is on analytical thinking and the goal is that you get a hands-on taste of how economists approach problems of development. Rather than just being informed of factual knowledge, you can acquire ability and skill to understand backgrounds of certain phenomena and analyze how we might bring about improvements.

The project meets the ‘Highlighted Outcomes of CLOs’: Upon completion of the project, students can: A-Explain the relationship between politics, regulation, and economics. B-Discuss the origin and theories of political economy. C-Analyze the political economy of states in a comparative fashion. D-Discuss the functions of political economy across states and markets in terms of international trade, finance, and organization. H-Describe key challenges in political economy, such as human capital, migration, and security.

Assignments and Evaluation: • Late assignment policy: all late assignments will be marked down for each day following the due date. • Your work needs to be carefully written and supported by direct evidence derived from the available data and existing research articles. • Use references and cite sources from peer-reviewed research literature. Use in-text citations and a full bibliography to support any claims and to acknowledge any data sources. In lieu of a midterm exam, final exam, and final project, you will have one short writing assignments (essay) of approximately 2000 – 3000 words, single-spaced will be due on the date of submission. The one essay weigh 10 marks. These writing essay will be centered on synthesizing course content and demonstrating your understanding of the materials. While the understanding and usage of course content is the most important aspect of these assignments, grammar, style, and clarity are important and will contribute to your grade. Below is a list of the topics you can choose any one for your essay writing: 1. Political economy and Tourism 2. How does monetary fund promote country stability? 3. Inflation targeting in an open economy. 4. What is the political effect of the global financial crisis? 5. Indicators and impact of unemployment in the country? 6. Ethics and political economy. 7. Financial issues caused by global warming. 8. Green Growth, Energy Transformations, and the Climate Debate. 9. Can Wealthy Countries Stay Rich in the face of emerging market competition? 10. What are the politics of Rapid Innovation Based Growth that has been central to growth strategies? 11. Globalization with Borders: Will borders evaporate, change meaning, or be redrawn in an era of globalization?

Chronology: First page: Student’s Details (Name & ID) Title of the Topic Instructor’s Name Semester From New page: Introduction Body Conclusion References (with In-Text Citations) Write each essay of minimum 2000 – 3000 words single-spaced. Follow APA format (if required), for the references and in-text citations, single spacing, for each summary. For APA format understanding, https://www.mendeley.com/guides/apa-citation-guide