Economic Development (Special Topics)

Course Syllabus | Schedule | Text

Topics:

Part I: Framework of Positive Analysis

    1. The concept of “development” and ethical foundations
    2. Institutional analysis
    3. Dependence theories: dualism and modified core-periphery models

Part II: Identifying Barriers to Development

    1. Foreign policies of global powers
      • The “Cuba Model”
      • The “Indonesia Model”
      • The “Vietnam Model”
    2. Economic warfare
      • Economic “diplomacy”
      • Case study: Venezuela
    3. Burden of external debt
      • The “resource curse”
      • International financial institutions
    4. Media and law
      • Role of the media in democratic societies: a propaganda model
      • Dual-tiered justice systems and the rule of law
      • “Trade agreements,” intellectual property rights, and multinational corporations

Part III: Normative Analysis

    1. What can we learn from traditional societies?
    2. The promise of development: what insights can Buddhist economics and ecological economics offer?
    3. Democratizing globalization: toward globally inclusive economic and political institutions

Benton, M. H. (2019) Capitalism and Democracy: Investors Prefer Stable Authoritarianism to `Dirty Democracy’, Project Pathumwan, 3(1), October.

Benton, M.H. (2019) Anti-Colonial Imperialism: A Critical Omission of the U.S. Development Model, Project Pathumwan, 2(1), March.


Reference Books:

Memos and Declassified Documents:


Cuba, the Latin American nation which has made landowners of more than 100,000 small farmers, provided year-round employment on state farms and co-operatives to all agricultural workers, transformed forts into schools, given 70,000 scholarships to university, secondary, and technological students, created lecture halls for the entire child population, totally liquidated illiter­acy, quadrupled medical services, nationalized foreign interests, suppressed the abusive system which turned housing into a means of exploiting people, virtually eliminated unemployment, suppressed discrimination due to race or sex, ridded itself of gambling, vice, and administrative corruption, armed the people, made the enjoyment of human rights a living reality by freeing man and woman from exploitation, lack of culture, and social inequality, which has liberated itself from all foreign tutelage, acquired full sovereignty, and established the foundations for the development of its economy in order to no longer be a country producing only one crop and exporting only raw materials, is expelled from the Organization of American States by govern­ments which have not achieved for their people one of these objectives. How will they be able to justify their conduct before the peoples of the America and the world? How will they be able to deny that in their concept the policy of land, of bread, of work, of health, of liberty, of equality, of culture, of ac­celerated development of the economy, of national dignity, of full self-de­termination and sovereignty, is incompatible with the hemisphere?

Fidel Castro, “Why do the Yankees hate the Cuban Revolution?” The Second Declaration of Havana (1962)


All men are created equal; they are endowed by their Creator with certain unalienable Rights; among these are Life, Liberty, and the pursuit of Happiness.”

This immortal statement was made in the Declaration of Independence of the United States of America in 1776. In a broader sense, this means: All the peoples on the earth are equal from birth, all the peoples have a right to live, to be happy and free.

The Declaration of The French Revolution made in 1791 on the Rights of Man and the Citizen also states: “All men are born free and with equal rights, and must always remain free and have equal rights.”

Those are undeniable truths.

Nevertheless, for more than eighty years, the French imperialists, abusing the standard of Liberty, Equality, and Fraternity, have violated our Fatherland and oppressed our fellow citizens. The have acted contrary to the ideals of humanity and justice.

In the field of politics, they have deprived our people of every democratic liberty.

They have enforced inhuman laws; they have set up three distinct political regimes in the North, the Center, and the South of Viet-Nam in order to wreck our national unity and prevent our people from being united.

They have built more prisons than schools. They have mercilessly slain our patriots; they have drowned our uprisings in rivers of blood.

They have fettered public opinion; they have practiced obscurantism against our people.

To weaken our race they have forced us to use opium and alcohol.

In the field of economics, they have fleeced us to the backbone, impoverished our people and devastated our land.

They have robbed us of our rice fields, our mines, our forests, our raw materials. They have monopolized the issuing of bank notes and the export trade.

They have invented numerous unjustifiable taxes and reduced people, especially our peasantry, to a state of extreme poverty.

They have hampered the prospering of our national bourgeoisie, they have mercilessly exploited our workers.

In the autumn of 1940, when the Japanese fascists violated Indochina’s territory to establish new bases in their fight against the Allies, the French imperialists went down on their bended knees and handed over our country to them.

Thus, from that date, our people were subjected to the double yoke of the French and the Japanese. Their sufferings and miseries increased. The result was that, from the end of last year to the beginning of this year, from Quang Tri Province to the North of Viet-Nam, more than two million of our fellow citizens died from starvation. 9 March 1945, the French troops were disarmed by the Japanese. The French colonialists either fled or surrendered, showing that not only were they incapable of “protecting” us, but that, in the span five years, they had twice sold our country to the Japanese.

On several occasions before 9 March, the Viet Minh League urged the French to ally themselves with it against the Japanese. Instead of agreeing to this proposal, the French colonialists so intensified their terrorist activities against the Viet Minh members that before fleeing they massacred a great number of our political prisoners detained at Yen Bay and Cao Bang.

Notwithstanding all this, our fellow citizens have always manifested toward the French a tolerant and humane attitude. Even after the Japanese Putsch of March, 1945, the Viet Minh League helped many Frenchmen to cross the frontier, rescued some of them from Japanese jails, and protected French lives and property.

From the autumn of 1940, our country had in fact ceased to be a French colony and had become a Japanese possession.

After the Japanese had surrendered to the Allies, our whole people rose to regain our national sovereignty and to found the Democratic Republic of Viet-Nam.

The truth is that we have wrested our independence from the Japanese and not from the French.

The French have fled, the Japanese have capitulated, Emperor Bao Dai has abdicated. Our people have broken the chains which for nearly a century have fettered them and have won independence for the Fatherland. Our people at the same time have overthrown the monarchic regime that has reigned supreme for dozens of centuries. In its place has been established the present Democratic Republic.

For these reasons, we, members of the Provisional Government, representing the whole Vietnamese people, declare that from now on we break off all relations of a colonial character with France; we repeal all the international obligation that France has so far subscribed to on behalf of Viet-Nam, and we abolish all the special rights the French have unlawfully acquired in our Fatherland.

The whole Vietnamese people, animated by a common purpose, are determined to fight to the bitter end against any attempt by the French colonialists to reconquer their country.

We are convinced that the Allied nations, which at Teheran and San Francisco have acknowledged the principles of self-determination and equality of nations, will not refuse to acknowledge the independence of Viet-Nam.

A people who have courageously opposed French domination for more than eighty years, a people who have fought side by side with the Allies against the fascists during these last years, such a people must be free and independent.

For these reasons, we, members of the Provisional Government of the Democratic Republic of Viet-Nam, solemnly declare to the world that Viet-Nam has the right to be a free and independent country and in fact it is so already. The entire Vietnamese people are determined to mobilize all their physical and mental strength, to sacrifice their lives and property in order to safeguard their independence and liberty.

Ho Chi Minh, Vietnamese Declaration of Independence, September 2, 1945


Our political philosophy and our patterns for living have very little applicability to masses of people in Asia. They may be all right for us, with our highly developed political traditions running back into the centuries and with our peculiarly favorable geographic position; but they are simply not practical or helpful, today, for most of the people in Asia.

This being the case, we must be very careful when we speak of exercising “leadership” in Asia. We are deceiving ourselves and others when we pretend to have the answers to the problems which agitate many of these Asiatic peoples.

Furthermore, we have about 50% of the world’s wealth but only 6.3% of its population. This disparity is particularly great as between ourselves and the peoples of Asia. In this situation, we cannot fail to be the object of envy and resentment. Our real task in the coming period is to devise a pattern of relationships which will permit us to maintain this position of disparity without positive detriment to our national security. To do so, we will have to dispense with all sentimentality and day-dreaming; and our attention will have to be concentrated everywhere on our immediate national objectives. We need not deceive ourselves that we can afford today the luxury of altruism and world-benefaction.

In the face of this situation we would be better off to dispense now with a number of the concepts which have underlined our thinking with regard to the Far East. We should dispense with the aspiration to “be liked” or to be regarded as the repository of a high-minded international altruism. We should stop putting ourselves in the position of being our brothers’ keeper and refrain from offering moral and ideological advice. We should cease to talk about vague and—for the Far East—unreal objectives such as human rights, the raising of the living standards, and democratization. The day is not far off when we are going to have to deal in straight power concepts. The less we are then hampered by idealistic slogans, the better.

We should recognize that our influence in the Far Eastern area in the coming period is going to be primarily military and economic. We should make a careful study to see what parts of the Pacific and Far Eastern world are absolutely vital to our security, and we should concentrate our policy on seeing to it that those areas remain in hands which we can control or rely on. It is my own guess, on the basis of such study as we have given the problem so far, that Japan and the Philippines will be found to be the corner-stones of such a Pacific security system and if we can contrive to retain effective control over these areas there can be no serious threat to our security from the East within our time.

Only when we have assured this first objective, can we allow ourselves the luxury of going farther afield in our thinking and our planning.

PPS No. 23 (1948) by George F. Kennan, , Head of the US State Department Policy Planning Staff. Written February 28, 1948, Declassified June 17, 1974.