Political Economics III, 2015 The Political Economics of

PoliticalEconomicsIII,2015
ThePoliticalEconomicsofDevelopmentClusters
TorstenPersson
Syllabus
Fourlecturesofthecoursewillbedevotedtothistopic.Theywillbebasedonmy
bookwithTimBesley:
Besley,TimothyandTorstenPersson,2011,PillarsofProsperity:ThePolitical
EconomicsofDevelopmentClusters,PrincetonUniversityPress,
andalargenumberofthepaperscitedtherein,allavailableonthewebsite
http://www.pillarsofprosperity.info
Someadditionalreadings,notcitedinthebook,are
Acemoglu,Daron,FranciscoGallegoandJamesRobinson,2014,“Institutions,human
capital,anddevelopment”,AnnualReviewofEconomics6,875‐912.
AcemogluDaron,CamiloGarcia‐JimenoandJamesRobinson,2014,“Statecapacity
andeconomicdevelopment:Anetworkapproach”,AmericanEconomicReview,
forthcoming.
Aghion,Philippe,TorstenPerssonandDorotheeRouzet,2014,“Educationand
militaryrivalry”,mimeoIIES.
Banerjee,AbhijitandEstherDuflo,2014,“Underthethumbofhistory:Political
institutionsandthescopeforaction”,AnnualReviewofEconomics6,951‐971.
Besley,TimothyandTorstenPersson,2013,“Taxationanddevelopment”,Chapter2
inAuerbach,A,R.Chetty,M.Feldstein,andE.Saez(eds.)HandbookofPublic
Economics.
Besley,TimothyandTorstenPersson,2014,“Thecausesandconsequencesof
developmentclusters:Statecapacity,peaceandincome”,AnnualReviewof
Economics6,927‐949.
Besley,TimothyandTorstenPersson,2014,“Whydodevelopingcountriestaxso
little?”,JournalofEconomicPerspectives28,99‐120.
Besley,Timothy,TorstenPersson,andMartaReynal‐Querol,2014,“Resilient
leadersandinstitutionalreform:Theoryandevidence”,mimeo,IIES.
Gennaioli,NicolaandHans‐JoachimVoth,2014,“Statecapacityandmilitary
conflict”,ReviewofEconomicStudies,forthcoming.
Karaman,KivcetandSevketPamuk,2013,“Differentpathstothemodernstatein
Europe:Theinteractionbetweenwarfare,economicstructureandpolitical
regime”,AmericanPoliticalScienceReview107,600‐626.
Stasavage,David,2011,StatesofCredit,PrincetonUniversityPress.
Anexcellentpopularandnon‐formalizedbackgroundtomanyoftheissues
discussedinthecourseis
Acemoglu,DaronandJamesRobinson,2012,WhyNationsFail:OriginsofPower,
PovertyandProsperity,Crown.
Courseplan
ThelecturesinthispartwillfollowthestructureofPillarsandProsperity,roughlyas
follows
Wednesday,April1:Chapters1‐3
Wednesday,April8:Chapters3‐4
Wednesday,April15:Chapters4‐5
Wednesday,April22:Chapters6‐8