Hosted by
Development Studies Committee, University of Cambridge
with support from the Ford Foundation

3-18 July, 2003,Trinity Hall, Cambridge, England

The programme is mainly intended for young academics. This year's lecturers will be, in alphabetical order, Amit Bhaduri (Jawahalral Nehru), Terry Byres (SOAS), Ha-Joon Chang (Cambridge), Andrea Cornia (Firenze), Michael Ellman (Amsterdam), Ben Fine (SOAS), Ilene Grabel (Denver), Barbara Harris-White (Oxford), Martin Khor (Third World Network), Sanjaya Lall (Oxford), Deepak Nayaar (Delhi), Peter Nolan (Cambridge), Jose Antonio Ocampo (ELCAC), Gabriel Palma (Cambridge), Erik Reinert (Oslo), John Sender (SOAS), Ajit Singh, (Cambridge), Howard Stein (Roosevelt), Lance Taylor (New School), and John Toye (Oxford).

Applications, including a CV, transcripts, and a letter of recommendation, should be sent to Dr. Ha-Joon Chang, Course Director, CAPORDE, Development Studies Committee, 14 Millers Yard, 10/11 Mill Lane, Cambridge CB2 1RQ, United Kingdom, by 20 April. Please note that we are not able to accept any faxed or electronic documents, with the possible exception of the letter of recommendation. For the details, please refer to the pages sent out with this poster. Please contact Dr. Chang, through e-mail if possible, at hjc1001@econ.cam.ac.uk for further inquiries.

An Announcement for Cambridge Advanced Programme on Rethinking Development Economics
Trinity Hall, Cambridge, England, 3-18 July 2003

With financial support from the Ford Foundation, the Development Studies Committee of the University of Cambridge is hosting an advanced summer programme on rethinking development economics for the third time. Last two years' programme were great successes and we hope to build on them.
 
This summer's programme will be held at Trinity Hall, one of the oldest colleges in Cambridge, between 3 July and 18 July 2003, inclusive. The programme will admit a select group of 25 young academics from developing countries, including transition economies, and provide them with lectures, discussion, and research workshops with leading scholars on cutting edge topics in development economics from a number of critical perspectives. The programme will fully finance travel, accommodation, subsistence, and fees for those who are selected.

Background
The failure of various Neo-Liberal reforms in numerous developing and transition economies to generate long-term growth and reduce poverty have generated such criticism that even the IMF has recently felt obliged to proclaim poverty reduction as its official goal. At the same time, as most dramatically demonstrated in the collapse of the Seattle talk of the WTO, there is an increasing dissatisfaction both in the developing and the developed countries with the emerging Neo-Liberal global economic order. The disillusionment with the orthodoxy now exists even at the heart of the "establishment", as it has been so powerfully demonstrated the events surrounding the resignations of Joseph Stiglitz and Ravi Kanbur from the World Bank a few years ago.

If there is an increasing demand for an alternative to this orthodoxy, the supply is not meeting it. The older generation development economists of the 1950s and the 1960s vintage have been, over the last few decades, edged out of most major universities in international centers of academic excellence, especially from the major US universities. The situations in most developing countries are even worse. While in these countries there may be more demand for alternatives to orthodox development economics, these countries have even less capability to generate such alternatives. Due to, among other things, resource constraints, researchers and students from developing countries tend to rely on a small number of standard textbooks and the publications from the multilateral financial institutions, which severely restricts their exposure to alternative approaches.

The Programme
The programme intends to fill this important intellectual gap. It will give a select group of 25 young academics from developing countries, including transition economies, an opportunity to gain exposure to frontier research undertaken from critical perspectives on key issues in development economics. The teaching will be conducted through lectures, discussions, and research workshops provided by some of the world's leading academics in relevant fields. All travel, accommodation, subsistence, and fees will be paid for by the programme.

Each day of the workshop (with a few exceptions) will consist of two sessions, one in the morning and one in the afternoon. Each session lasts three-and-half hours. The sessions will be mostly in the form of "lectures", which will consist of at least two hours of lecturing and at least one hour of discussion with some breaks. There will be three "research workshops" on selected topics, which will involve short presentations by the teaching staff present, followed by an open discussion. There will be also informal contacts between students and faculty during lunch, tea and coffee breaks, and possibly some dinners.

The details of the provisional programme is attached at the end of this announcement.

Applications
The typical student for the programme is expected to have at least a Master's degree in economics or in relevant subjects with a strong background in economics (e.g., development studies, public administration) and currently be engaged in academic jobs (teaching or research). They are expected to have at least two years' work experience. Of the 25 students, some may be chosen from outside academia (e.g., government, private sector, NGOs), if they have the minimum academic qualification and relevant experiences. On average, those who were selected for the 2001 and 2002 programmes already had a PhD (or were close to finishing it) and had five years' work experience. All these are, however, basic guidelines, and all cases will be considered on their own merits.

Those who wish to apply for the course should send their Curriculum Vitae, an official transcript of their degrees from BA onwards, and one letter of reference from someone who is familiar with their academic work. For students whose main medium of instruction during their education was not English, some proof of English proficiency will be necessary. Results of standard English proficiency tests (e.g., TOEFL or IELTS) will be preferable, but other proof may be also accepted (e.g., a sample of written work in English).

Applications should be accompanied by a covering letter, indicating the applicant's full contact details (including, if available, the e-mail address) and their fields of interest within development economics, to Dr. Ha-Joon Chang, Course Director, CAPORDE, Development Studies Committee, 14 Millers Yard, 10/11 Mill Lane, Cambridge CB2 1RQ, United Kingdom. The application should be submitted by 20 April. Please note that we are not able to accept any document faxed or submitted in electronic forms, with the possible exception of the reference letter. If necessary, the reference can be e-mailed to Dr. Chang at hjc1001@econ.cam.ac.uk. The candidates will be notified of the outcome of their applications at the latest by the end of May, but more likely earlier.

Cambridge Advanced Programme on Rethinking Development Economics
Trinity Hall, 3-18 July, 2003

Day 1 (Thursday, 3 July)

• Introduction to the Workshop (Ha-Joon Chang, University of Cambridge)
• Rethinking the Development Agenda (Jose Antonio Ocampo, Executive Secretary, Economic Commission for Latin America and the Caribbean [ECLAC], Santiago)
• The Market, the State, and Institutions in Economic Development (Ha-Joon Chang, University of Cambridge)

Day 2 (Friday, 4 July)

• Changing Perspective on Development Economics (John Toye, University of Oxford; former director of Institute of Development [IDS], University of Sussex, and former director at the United Nations Conference on Trade and Development [UNCTAD], Geneva)
• Development Policy in Historical Perspectives (Erik Reinert, University of Oslo)

Day 3 (Saturday, 5 July)

• East Asian Development Experience (Ha-Joon Chang)
• Transition Economies (Michael Ellman, University of Amsterdam)
  Day 4 (Sunday, 6 July)
  Rest

Day 5 (Monday, 7 July)

• African Development Challenge (Howard Stein, Roosevelt University)
• Globalisation (Deepak Nayyar, Vice-Chancellor, Delhi University)

Day 6 (Tuesday, 8 July)

• Macroeconomic Issues in Economic Development (Lance Taylor, New School University)
• Latin American Development Experience (Gabriel Palma, University of Cambridge)

Day 7 (Wednesday, 9 July)

• Structural Change and Development: The Relative Roles of Effective Demand and the Price Mechanism (Amit Bhaduri, Jawahalral Nehru University)
• Research Workshop on Structural Adjustment (Amit Bhaduri; Ha-Joon Chang; Deepak Nayyar, Howard Stein; Lance Taylor)

Day 8 (Thursday, 10 July)

• Trade and Industrial Policy Issues (Ha-Joon Chang)
• New Growth Theory (Ben Fine, School of Oriental and African Studies [SOAS], University of London)

Day 9 (Friday, 11 July)

• Technology and Development (Sanjaya Lall, University of Oxford)
  Big Business and Economic Development (Peter Nolan, University of Cambridge)

Day 10 (Saturday, 12 July)

• Recent Financial Crises in Developing Countries (Gabriel Palma)
• Stock Market and Corporate Governance in Developing Countries (Ajit Singh, University of Cambridge)

Day 11 (Sunday, 13 July)

• Rest

Day 12 (Monday, 14 July)

• International Financial Flows (Ilene Grabel, University of Denver)
• Research Workshop on Corporate Governance in Developing Countries (Ha-Joon Chang; Ajit Singh; Peter Nolan; Ilene Grabel; Gabriel Palma)

Day 13 (Tuesday, 15 July)

• Poverty and Inequality (John Sender, School of Oriental and African Studies [SOAS], University of London)
• Agriculture and Development (Terry Byres, School of Oriental and African Studies [SOAS], University of London)

Day 14 (Wednesday, 16 July)

• Global Governance Issues – An NGO View (Martin Khor, Director, Third World Network)
• Globalisation and Inequality (Andrea Cornia, University of Firenze, former director of WIDER [World Institute for Development Economics], Helsinki)

Day 15 (Tuesday, 17 July)

• Social Institutions and the Underdeveloped Economy (Barbara Harriss-White, University of Oxford)
• Institutions and Economic Development (Ha-Joon Chang, Cambridge)

Day 16 (Wednesday, 18 July)

• Research Workshop on Governance Issues (Ha-Joon Chang; Andrea Cornia; Martin Khor; Barbara Harriss-White)
• Concluding Workshop (Ha-Joon Chang, Course Director; Luiz Neymeier, University of São Paulo, Deputy Course Director; Julius Kiiza, Makere University, Deputy Course Director)

*Please note that the timetable may be subject to some unavoidable alterations.

March 17, 2003.