SOAS University of London

Department of Economics

Economic Development of Southeast Asia (PG)

Module Code:
15PECH028
Status:
Module Not Running 2021/2022
Credits:
15
FHEQ Level:
7
Taught in:
Term 2

The module provides a historical overview of economic development in Southeast Asia during the 20th and early 21st centuries, and assesses the major economic challenges facing the region today. Building on an analysis of the influence of colonialism on the economic and social development across the region, the module analyses the various economic strategies and policies adopted by Southeast Asian governments, and the outcomes. It will pay particular attention to the pace and direction of industrialisation in Southeast Asia and the role of industrial policies; the historical evolution of agriculture in the development of Southeast Asia and its consequences for economic growth and the distribution of income, natural resource depletion and environmental change; the evolution of regional trade and investment linkages; financial sector development and its contributions to growth and crises; the development of education systems and labour markets and the role of human capital development in economic progress; trends in income distribution and poverty eradication and the efficacy of poverty alleviation policies; environmental change and natural resource depletion and the challenges of aligning economic development with environmental sustainability; and the opportunities and challenges associated to the development of the ASEAN Economic Community.

Objectives and learning outcomes of the module

On successful completion of the module, students will be able to:

  1. Assess the colonial legacies and of other factors determining the post-1950 growth in the South East Asian economies;
  2. Critically evaluate the literature relating to growth and economic crises across the ASEAN region;
  3. Compare and contrast the policies adopted in different countries to accelerate industrialization and agricultural development;
  4. Understand the role of human capital in economic development and the challenges facing education systems and labour markets across the region;
  5. Analyse the challenges of environmental change and natural resource depletion and assess policies aimed at aligning economic development with environmental sustainability;
  6. Understand the role of the financial sector in economic development and its contributions to growth and crises in Southeast Asia;
  7. Analyse trends in income distribution and poverty eradication and the efficacy of poverty alleviation policies;
  8. Analyse the evolution of regional trade and investment linkages and evaluate the opportunities and challenges associated to the development of the ASEAN Economic Community.

Method of assessment

One Exam (70%) and one 2,500-word essay (30%).

Disclaimer

Important notice regarding changes to programmes and modules