Bulletin Board
Camparative Analysis of Development Management

"Development Management under Globalization"


I spent a year (2000-2001) in Jakarta as an economic advisor for the National Development Planning Agency of Indonesia (BAPPENAS). With the advent of the Asian financial crisis, Indonesia was forced to undergo an economic austerity with severe and long-run negative impacts on her poverty picture. The country is transforming herself to a democratic and market-oriented society under an IMF rescue package(!?). How should and could a country like Indonesia manage the risks associated with the process of global economic integration and prepare itself for the possible future crises? Do we still have a viable Asian model of development and integration? How should we reformulate the role of regional cooperations, central governments, and local governments under globalization? There are many questions left to be answered.....

Date of Entry

January 13, 2003

(Updated on January 20)

CADM 2002/03 Final Exam

A final exam (essay) will be held on January 28.
Place: No. 3 Lecture Room
Time: 10:30 a.m. - 12:30 p.m. (2 hours max.)

Essay Question:

"Trade and Development:
traditional roles of trade in development
and new issues facing the developing world"

You may bring prepared data sheets (tables, figures, etc.) of up to 3 pages to the exam and attach them to your answer sheets.
(Do not forget to put your name and student No. on the prepared set of data sheets.

For those who will not be able to make the exam, you have a choice to submit a term paper on the same subject with my prior approval. It is due at 12:30 p.m., January 28, 2003.

Good luck !

September 29, 2002 Due to our OFW, the first CADM lecture in the second semester will be held on Oct. 29 in Lecture Room No. 3.

We will meet in Lecture Room No. 3 on Oct. 29 and on Nov. 5 for market experiments. Thereafter, we will come back to Lecture Room No. 1 and stay there for the rest of the semester.

Review the "Microeconomics Review" given in July. We will start with market experiments to feel market forces and see the power of information in market transactions.

Agenda for the Second Semester

1) Market Experiments
(market forces, information, the role of government)

2) Trade Integration --- Trade and Development
(international trade theories, trade strategies, regionalism, GATT/WTO etc.)

3) Financial Integration --- External Finance of Development
(development finance under globalization, monetary policy rules and exchange rate regimes, debt and financial crisis, beyond the Asian Financial Crisis etc.)

4) Markets vs. Government Control in Guiding Development
(structural adjustments, building institutions, Japan and Asian Models etc.)

5) Managing Development under Globalization

(items related to 4) and 5) will be mixed given a time constraint)

Required and Recommended Readings

Refer to our on-line course syllabus.

See you all on the 29th of October !!

July 8, 2002 Due to a university business, I am forced to cancel our lecture on July 9 !!

I will give you Reviews on Microeconomics on July 16 and 23 in Lecture Room No. 1. Market experiments and trade theories will be postponed to October-November.

June 10, 2002 The class moves to Lecture Room No. 3 (6th floor) from Lecture Room No. 4 starting June 11, in preparation for our market experiments.

Starting June 11, we will deal with "Economic Growth Models and Theories". Make sure you read the required sections of the designated books.

After "Growth Models" we will turn to "Microeconomics and International Trade Theories".

June 10, 2002 For the "Information Society Index", visit the following site.

WB Institute / Development Outreach (Spring 2000 issue)

May 20, 2002 On the 21st of May, we will discuss the stylized facts in economic development.

Then, we will follow up I2ID presentations on "Globalization" and "Japanese Development Model". Bring the PowerPoint presentation materials to the classes on May 21, 28, and June 4.

You should read/review the documents beforehand and come to the classes with questions and/or issues to be discussed.

On both May 28 and June 4, we will use GSID Conference Room No. 1 (8th floor).

April 21, 2002 Our course TA, Masa (Mr. Masafumi Nakagami) will set up a CADM class ML so that the students (and TA) can communicate to each other on the class materials. I, myself (Prof. Otsubo), may send messages to this ML. However, I (Prof. Otsubo) will not be able to read the messages flying around in this ML, and therefore, feel free to say something bad about the course (constructive criticisms, pls.). Main purpose of this ML is for you to share your views, understandings, and questions with your fellow students. It should function as an On-Line Study Group for CADM. If you have any questions that you feel uneasy to ask your professor (me) directly, share them with your fellow students (and with TA).

In order for you to participate in this CADM ML, send an EM from your mail account to:
putting "subscribe" in the Subject area of your EM title.

Come and join the Club CADM !

April 15, 2002

April 1, 2002

The first class meeting of the academic year 2002-2003 will be held on Tuesday, April 16, in the Auditorium (8th floor).

April 16: 1st Class Meeting (Auditorium, 8th floor)

1. Introduction to the Course

2. Text Books and Reference Materials (Start reading .....)

3. Prof. Otsubo's HP and Internet Resources

4. Course TA

5. An Evolution of Development Agenda & Globalization

April 23: 2nd Class Meeting (No. 1 Lecture Hall)

1. History and Stylized Facts in Economic Development, Part I

Class on April 23 will not be cancelled!

April 30: 3rd Class Meeting (No. 1 Lecture Hall)

1. History and Stylized Facts in Economic Development, Part II

Attend my presentations in the Introduction to International Development (I2ID) on April 17 and April 24.

April 17: Prof. Otsubo's Presentation (8th Floor Auditorium)

"Evolution of Development Agenda and Paradigms"

in the I2ID open lecture (1:00 - 3:15 p.m.)

April 24: Prof. Otsubo's Presentation (8th Floor Auditorium)
and Comments by Prof. Ezaki and Prof. Osada

"Globalization and the Developing Countries"

in the I2ID open lecture (1:00 - 3:00 p.m.)

Unless otherwise notified, the class meets on Tuesdays during 10:30 a.m. - 12 noon in the No. 1 Lecture Hall on the 6th floor.

After observing the size of the class for the first couple of weeks, I plan to change the place of future class meetings (moving to a smaller room for active discussion). Pay attention to this bulletin board.