Course: Economies and Development in Asia

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Course title Economies and Development in Asia
Course code DAS/EDA
Organizational form of instruction Lecture + Seminary
Level of course Bachelor
Year of study not specified
Semester Winter and summer
Number of ECTS credits 5
Language of instruction English
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Course availability The course is available to visiting students
Lecturer(s)
  • Ryzhova Natalia, Dr.
  • Koreshkova Iuliia
Course content
Part 1. Economic development theories Class (lecture) 1. Introduction. What are Asian economies and why they are so interesting? Class (lecture) 2. Economic growth and development. Concepts and indicators Class (lecture) 3. Neoliberalism and neo-institutionalism. Geographical, colonial and institutional hyposethis Class (lecture) 4. Capitalist vs socialist economies: how did two systems compete in Asia? Part 2. Asian contexts Class (lecture and seminar) 5. Japan as a variant of capitalism and its development model (key components) Class (lecture and seminar) 6. Taiwan and Korean variants of capitalism. Outward-looking strategy Class (lecture and seminar) 7. Identifying China's Development Model Class (lecture and seminar) 8. India's institutional turns and economic development Class (lecture and seminar) 9. Vietnam vs Indonesia: socialism, anti-socialism & a new version of capitalism Class (lecture and seminar) 10. Mongolia, Kazakhstan and other dependent economies Class (lecture and seminar) 11. The DPRK, Turkmenistan and other closed economies Class (lecture and seminar) 12. Russian capitalism and a new military economy Class (seminar) 13. On the future development of Asian economies: institutions or industrial policy matter? (debate) Class 5-12 is organized as a combination of a lecture (up to 40 minutes) and a seminar. For the seminars, students will prepare presentations (up to 15 min.) on specific aspects of economic development in a particular country.

Learning activities and teaching methods
Lecture, Dialogic Lecture (Discussion, Dialog, Brainstorming), Work with Text (with Book, Textbook), Methods of Written Work, Group work
Learning outcomes
Asian economies are experiencing rapid growth, making the region one of the three main poles of the global economy. This phenomenon is often referred to as a miracle, yet even miracles require explanation. Experts and scholars have identified common elements in Asian economic growth, while also noting significant differences among individual countries. In this course, students will explore both the similarities and differences in the development paths of various Asian countries, including Japan, India, Taiwan, the Republic of Korea, China, Vietnam, and others. Special emphasis will be placed on institutional economic reforms such as the choice between socialist and capitalist development models, their rejection, and the establishment of market-oriented institutions as well as the restrictions and support for foreign trade and participation in the global division of labour. We will also discuss industrial policy approaches and savings stimulus. Another crucial aspect of the course will be the distinction between economic growth and development. We will aim to identify the causes of poverty by analyzing its components, such as inadequate access to education, savings, nutrition, and insurance, and examine how these factors contribute to the persistence of poverty. Additionally, we will investigate elements that hinder the provision of public goods, including corruption and political institutions. Obligatory readings: PERKINS, D. H. (2013). East Asian Development. Cambridge, Massachusetts: Harvard University Press. SCHUMAN, M (2010). The Miracle: The Epic Story of Asia's Quest for Wealth. Reprint edition. Harper Business. Recommended literature: ACEMOGLU, Daron, ROBINSON, J. (2012) Why Nations Fail? The Origins of Power, Prosperity, and Poverty. New York: Crown. AIGINGER, Karl, and Dani RODRIK (2020). "Rebirth of industrial policy and an agenda for the twenty-first century." Journal of industry, competition and trade 20 (2020): 189-207. BANERJEE A., IYER L (2005). "History, Institutions, and Economic Performance: The Legacy of Colonial Land Tenure Systems in India." American Economic Review. 95 (4): 1190-1213 DREGER Christian, & Dierk HERZER. (2011). A Further Examination of the Export-Led Growth Hypothesis. Discussion Papers of DIW Berlin. BRUGGER Florian. (2016). Asias Reserve Accumulation: Part of a New Paradigm. Asian Economic and Financial Review, 8, 457. HARVIE, Charles, and HyunHoon LEE. "Exported industrialisation and growth: Korea's economic miracle, 1962-1989." Australian Economic History Review 43.3 (2003): 256-286. HAYASHI, S. (2010). The developmental state in the era of globalization: beyond the Northeast Asian model of political economy. Pacific Review, 23(1), 45-69. HAGGARD, Stephan (2018). Developmental states. Cambridge University Press, 2018. HARRISS, John (2023). Rural development: Theories of peasant economy and agrarian change. Taylor & Francis. KORNAI, János (2013). Dynamism, rivalry, and the surplus economy: Two essays on the nature of capitalism. Oxford University Press. MADDISON, Angus (2013). Economic Growth in Japan and the USSR. Routledge. NAUGHTON, Barry, and Kellee S. TSAI, eds. (2015) State capitalism, institutional adaptation, and the Chinese miracle. Cambridge University Press. NGO, Christine, and Vlad TARKO (2018). "Economic development in a rent-seeking society: socialism, state capitalism and crony capitalism in Vietnam." Canadian Journal of Development Studies/Revue canadienne d'études du développement 39.4: 481-499. RUMER, Boris Z. (2023) Soviet Central Asia: 'a tragic experiment'. Routledge.

Prerequisites
unspecified

Assessment methods and criteria
Essay, Didactic Test, Seminar Work

Attendance - 10%; Test - 20%; In-class presentations - 25%; Debate participation - 10%; Final paper (8 pages, essay) - 35%.
Recommended literature


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Arts Study plan (Version): Chinese Studies (2023) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Asian Studies, Specialization Indonesian Language and Culture (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Indonesian Studies (2022) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Vietnamese Philology (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Vietnamese Philology (2023) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): - (2024) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Asian Studies (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Asian Studies, Specialization Vietnamese Language and Culture (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): - (2024) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Korean Studies (2023) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Vietnamese Philology (2023) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Asian Studies, Specialization Korean Language and Culture (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Korean Studies (2022) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Vietnamese Philology (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Vietnamese for Professionals (2024) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Asian Studies, Specialization Chinese Language and Culture (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Indonesian Studies for Tourism (2023) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Japanese Philology (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Chinese Studies (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Asian Studies, Specialization Japanese Language and Culture (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -
Faculty: Faculty of Arts Study plan (Version): Korean for Business (2019) Category: Philological sciences - Recommended year of study:-, Recommended semester: -