Rethinking Development Economics
The course “Rethinking Development Economics” aims to provide a historical and contemporary perspective on the politics of development that co-constitutes the global financial architecture. By carefully studying the various manifestations of the term financialisation, the course aims to connect macroeconomic structural changes with the everyday lives of the marginalized and working class people from a feminist economics framework. The topics covered in the course will address the causes and consequences of the crisis in social reproduction (i.e access to healthcare, education, housing, water and food), the interlinkages between macro and microeconomics of the debt crisis and finally, the counter actions by various local organizations and communities in averting this crisis. Throughout the module, we will use empirical case studies and a combination of qualitative and quantitative methods to illustrate this finance-development nexus.
Syllabus (in progress)
Macro, micro, or both
- Benjamin M. Hunter & Susan F. Murray (2019). Deconstructing the financialisation of healthcare. Development and Change
- Susanne Soederberg (2013). Universalizing financial inclusion and the securitization of Development
- Katharine Rankin (2013). A Critical geography of poverty finance. Third World Quarterly
- Lena Lavinas (2020). The Takeover of Social Policy by Financialisation
- Kumar (2019). Public-private partnerships for universal health coverage? The future of “free health” in Sri Lanka. Globalisation and Health
(Micro) debts
- Garikipati, S, Johnson, S, Guérin, I & Szafarz, A (2017). Microfinance and gender: issues, challenges and the road ahead. The Journal of Development Studies, vol. 53, no. 5, pp. 641–648.
- Isabelle Guérin, Christophe Jalil Nordman, Elena Reboul (2019). The gender of debt and the financialisation of development: insights from rural South India
Follow the money
- Shweta Marathe & Abhay Shukla. Supporting patients or profits? Analysing Engagement of German Developmental Agencies in the Indian Private Healthcare Sector. Published by SATHI.
Counter actions
- Our health, their profit? Case studies on union busting by healthcare corporations and trade union resistance