Political Economy and Development: a progress report
Вставка
- Опубліковано 14 лют 2016
- Date: Wednesday 10 February 2016
Time: 6.30-8pm
Venue: Old Theatre, Old Building
Speaker: Professor Tim Besley
Chair: Professor Oriana Bandiera
Professor Besley gives his inaugural lecture as Sir William Arthur Lewis Chair in Development Economics.
A major change in mainstream thinking in economics over the past 25 years has been towards improving our understanding of how the policy process (political and bureaucrat) affects policy outcomes. Such changes in economic thinking are partly in response to the need to have a persuasive account of the diverse historical development experiences of various countries and regions. One key debate following this research has been about whether a particular configuration of institutions is needed to promote inclusive economic development. This lecture will take stock of what has been learned and critically appraise the state of knowledge, drawing some implications for how international financial institutions and aid practitioners approach their business.
Tim Besley is Deputy Head for Research of the Department of Economics and an associate member of CEP, IGC and STICERD at LSE.
Oriana Bandiera is Professor of Economics and Director of STICERD at LSE.
The Department of Economics at LSE (@LSEEcon) is one of the largest economics departments in the world. Its size ensures that all areas of economics are strongly represented in both research and teaching.
starts at 4:25
Not really.
This lecture is really interesting. For future videos, when he's talking about the chart being projected, could you move the camera just for a minute, to also show us the chart? I feel like I missed part of the story. Thank you very much!
You may find the slides here
www.lse.ac.uk/publicEvents/pdf/2016-LT/20160210-Tim-Besley-PPT.pdf
An very informative and insightful lecture indeed. I have a similar concern: we hear of charts but see none, and, Prof. Besley emphasizes that he has been profoundly influenced by Arthur Lewis whom he also mentions and one sees "LSE" spread over the background but not even one glimpse of picture of Prof. Lewis is offered. The Nobel Laureate was born in St. Lucia and died in Barbados. Should I blame camera position, LSE and/or UA-cam? Mine is a 2019 viewing.
- P. E. MARTIN, Kingston, JA.
@@sahhosseini I cannot open it. Do u have another link? Pleaseee urgent
Robust Control comes from Dynamic Control Theory. Very interesting he mentioned that.
This lecture is really interesting!
He's the great man. a Professor in economics, don't you know ?
Rules. Rules are rules that regulate existing activities. They are regulative rules. There are rules that are constitutive. In other words, the activities related can not be possible without following the rules. For instance, the rules of the table. In other words, how to dress the table, the fork, spon, etc. These rules regulate an existing activity that is to eat. Strictly, these rules don't make impossible the activity to eat. But the rules of an activity in the form of playing soccer are simply impossible for teams if the rules aren't respected. The rules in this case are constitutive.
Politics causes economic or economic causes of politics?
May be the causality is circular. Politics shapes the framework in which economic as human activity thrives with the objective intent of improving the political to better shape the framework. Circular causality.
If economic is after all an act. Politics is also an act. An act by which human acts. And an act on which human acts. Both acts, in their interactions, are in a form of circular causality.
Conflict causes low growth or low growth, causing conflict?
Thomas Hobbes will say conflict causes low growth. In the Leviathan (Biblical metaphor), he said that in environments of conflict, there are no industrial activities, no business, etc. This is the Leviathan as the thing thar ensures the stability. Having said that, since growth refers to variables, conflict can equate to low growth for one side and to the opposite of low growth at the other side.
Still teach IPE in PIR at LSE 🌐🇬🇧♥️
52:20 Presidential systems don't work. Brazil had a plebiscite in 1990 to chose between Parliamentary or Presidential system. Guess who supported the Presidential system? All the corrupt parties plus Lula's PT and Brizola's PDT. (Leonel Brizola was the brother in law ofJoão Goulart, the president deposed in 1964)
The 1964 military coup was started by Gen. Olympio Mourão who ordered his troops to drive in Rio de Janeiro (then still the national capital). Gen. Mourão feared Pres. Goulart could start a coup of his own so he took the decision - believe it or not - to preserve democracy. In 1966 Mourão gave an interview to an important weekly magazine called Manchete where he complained about Castello Branco having cancelled the 1966 elections.
Gen. Mourão died in the late 1970s and a postumous book was published after that. In the book he writes "Brazil's problem is not cultural, political, economic, internal nor external. Brazil's problem is the Presidential system that requires the president to ally with the worst type people to be ablfe to govern" (paraphrased).
Note: Gen. Olympio Mourão should not be confused with Bolsonaro's Vice President.
जय गौमाता
30 39 1 no female allowed. No
When freedom isn't true. Development isn't free. Freedom is from God, who has created. Therefore, when freedom is hindered in the name of so-called development, it is simply another human misery.