Bulletin Board

Development Management under Globalization

2nd Semester, 2017-2018

"Development Management under Globalization" is a selective and applied course in the Economic Development Policy and Management Program.

This course deals with the frontier-yet-fundamental issues of ‘Development Management under Globalization (グローバリゼーション下の開発マネジメント)’. The course covers selected topics such as: economic development under the changing environment of globalization (risks and benefits associated with globalization, rise and demise of the East Asian growth model, Africa’s marginalization, convergence club under globalization); international trade and development (inward- vs. outward-oriented development strategies and trade reforms, regionalism vs. multilateralism, WTO and industrial promotion); external financing of development (ODA, FDI and multilateral corporations, portfolio flows, debt & financial crises); managing open-economy development (BOP management, the order of liberalization, exchange rate regimes and monetary policy rules, fiscal sustainability, crisis management); and toward governance and quality of growth under globalization (growth and equity under globalization).

Consecutive enrollment from Development Economics will be highly effective. Knowledge of Development Economics,  Microeconomics, Macroeconomics, and basic statistics/econometrics is preferred.

Date of Entry


(Last Updated on: October 11, 2016)


October 9, 2017

Required Readings from World Trade and Payments (WTP)

Required readings are: Chapters 1, 2, 3, 10, 11, 15, 16, and 24.

Read Chapter 1 (Introduction) and Chapter 15 (Balance of Payments) first.  Read other chapters as you are instructed in the classes.

Additional recommended readings are: Chapters 4, 5, 6, 9, 13, 14, 20, and 21.

For those who wish to be more versed with theories/subjects of international economics, ind time and try to read as much as possible out of these recommended chapters.


Presentation File (2012 EAEA Conference Presentation)


Also read Chapters 12, 13 and 14 of Todaro/Smioth's Economic Development (one of the textbooks we used in Development Economics), one by one.

October 9, 2017

Required Readings from Globalization and Development Volume I (GAD)

Volume I, Chapter 1: Leading Issues in Development with Globalization

Finish reading Chapter 1 ASAP, before the start of the 2nd lecture (October 17) at the latest.)


olume I, Chapter 2: PGI Triangle under Globalization: What do we really know about he impacts of globalization?

Try to go through this chapter, even if you do not understand fully, by the stgart of the 3rd lecture (October 24).

Presentation File (2012 EAEA Conference Presentation)

Presentation file to be used on October 24 in order to summarize the findings from Chapter 2.


October 9, 2017

Required Readings from Economic Development (ED)

We use ED 12th ed., Chapters 12, 13, and 14.

Start reading Chapter 13 (Balance of Payments) first.  Read Chapter 14 (Foreign Fimance) and Chapter 12 (International Trade) when you are instructed to do so in the class.

October 9, 2017

First class of Development Management under Globalization (DMUG) for 2017-2018 will meet on Tuesday, October 10.

Knowledge of Development Economics, Development Microeconomics and Development Macroeconomics would be required. However, regiews of microeconomic and macroeconomic principles will be gien in the calss in relation to the subjects we deal. Basic knowledge of statistics/econometrics is preferred. Consult with Prof. Otsubo if you are not certain about your qualification.

Consecutive enrollment from Development Economics will be highly effective.

If you are not certain either you are qualified to take this course or not, pls. consult with this instructor at the end of the first lecture.

Regularly visit he On-Line Syllabus of this course!!

October 11: (10:30 a.m. - 12 noon; #1 Lecture Room, 6th floor)

1) Introduction to DMUG (course syllabus, course requirements, etc.)

We will organize this curse that will consist of my presentations/lectures and presentation/discussion sessions led by participating students.

Regularly pay attention to
1) "Development Management under Globalization (DMUG)", our on-line course syllabus,
2) "Exploration of Economics/International Development Resources", our internet resources, and
3) this Bulletin Board.
Course announcements will be made through this DMUG BB.

Download and take a look at it as the starter. Although the data sets are getting old, relevant issues are still there.


Start reading

(1) Globalization and Development, Volume I, Chapter 1: Leading Issues in Development with Globalization

(2) Globalization and Development, Volume I, Chapter 2: Poverty-Growth-Inequality Triangle under Globalization -- What do we really know about the pro-poor and anti-poor impacts of economic integration?

The earlier version of item (2) is dowloadable from the GSID HP as

Yumeka Hirano and Shigeru Otsubo, "Poverty-Growth-Inequality under Globalization: Time Dimensions and Control Factors of the Impacts of Integration," GSID Discussion Paper No.191, GSID, Nagoya University (October 2012).

[Dowload a PDF file from the GSID HP]

Again, welcome and welcome back to GSID !! See you on Tuesday, October 10 !!

Prof. Otsubo