1. Sara Hsu

2.  What is development?  Gunnar Myrdal  Washington Consensus  Stiglitz and Sen  Institutionalism China, India and Japan  Reform in China: 1979 at the Third Plenum  Reform in India: Independence in 1947  Reform in Japan: 1868 with the Meiji Restoration

3.  Individual paths but reform in all 3 countries  Role and type of institutions: China: PBOC, SEZs, TVEs, SOEs Japan: Feudal system  private land ownership, MITI India: Planning Commission

4.  Economic development in China, India and Japan has changed the way economists understand political economy of development  Different histories has led to different political economies of development: colonialism, industrialization

14.  Development  Different periods of development, different development trajectories for China, India and Japan  What do the data tell us?

15.  The UN Millennium Development Goals were laid out in 2000, and included the following:  1.Eradicating extreme poverty and hunger,  2.Achieving universal primary education,  3.Promoting gender equality and empowering women,  4.Reducing child mortality rates,  5.Improving maternal health,  6.Combating HIV/AIDS, malaria, and other diseases,  7.Ensuring environmental sustainability, and  8.Developing a global partnership for development