Economic Development of Southeast Asia
- Module Code:
- Module Not Running 2021/2022
- FHEQ Level:
- Year of study:
- Final Year
- Taught in:
- Term 2
153400123 Macroeconomic Analysis
153400130 Microeconomic Analysis
Objectives and learning outcomes of the module
On successful completion of the course, students will be able to:
- Assess the colonial legacies and of other factors determining the post-1950 growth in the South East Asian economies;
- Critically evaluate the literature relating to growth and economic crises across the ASEAN region;
- Compare and contrast the policies adopted in different countries to accelerate industrialization and agricultural development;
- Understand the role of human capital in economic development and the challenges facing education systems and labour markets across the region;
- Analyse the challenges of environmental change and natural resource depletion and assess policies aimed at aligning economic development with environmental sustainability;
- Understand the role of the financial sector in economic development and its contributions to growth and crises in Southeast Asia;
- Analyse trends in income distribution and poverty eradication and the efficacy of poverty alleviation policies;
- Analyse the evolution of regional trade and investment linkages and evaluate the opportunities and challenges associated to the development of the ASEAN Economic Community.
Two hour lecture and one hour seminar, each week.
Scope and syllabus
Week 1 Economic Development of Southeast Asian Countries in Comparative Perspective
Week 2 The Influence of Colonialism on the Economic and Social Development of Southeast Asian Countries
Week 3 Industrial Policy and the Role of Government
Week 4 Agricultural Development
Week 5 Regional Trade and Investment Linkages
Week 6 Financial Sector Development and its Contributions to Growth and Crises
Week 7 Education, Labour Markets and Human Resource Development
Week 8 Trends in Income Distribution and Poverty Eradication
Week 9 Environmental Change and Natural Resource Depletion
Week 10 The ASEAN Economic Community
Method of assessment
Exam (80%) and one 2,500-word Essay (20%)
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Coxhead, I. (ed., 2015): The Routledge Handbook of Southeast Asian Economics, Routledge (https://library.soas.ac.uk/Record/10051542).
Chia, S.Y. and M.G. Plummer (2015): “ASEAN’s International Trade and Foreign Direct Investment, Commercial Policy Reforms and Production Networks”, Chapter 3 in: ASEAN Economic Cooperation and Integration Progress. Challenges and Future Directions, Cambridge: Cambridge University Press (https://library.soas.ac.uk/Record/10001576).
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Hill, H. (ed., 2002): The Economic Development of Southeast Asia, Volumes 1-3, Cheltenham: Edward Elgar (https://library.soas.ac.uk/Record/548274).
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Hill, H. (1990): “Foreign Investment and East Asian Economic Development: A Survey”, Asian-Pacific Economic Literature 4 (2), 21–58. (Reprinted in Hal Hill (ed., 2002): The Economic Development of Southeast Asia, Volume 3, Section C, Cheltenham: Edward Elgar, https://library.soas.ac.uk/Record/548274.)
Huff, W.G. (1994): The Economic Growth of Singapore: Trade and Development in the Twentieth Century, Cambridge: Cambridge University Press (https://library.soas.ac.uk/Record/120170).
Ito, T. and A.O. Krueger (eds., 2000): The Role of Foreign Direct Investment in East Asian Economic Development (NBER-EASE Volume 9), Chicago, IL: University of Chicago Press (http://papers.nber.org/books/ito_00-2).
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