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From Poverty to Prosperity: Understanding Economic Development

Name: From Poverty to Prosperity: Understanding Economic Development
Price: 249 USD
Availability: InStock

741 studentsINTERMEDIATEEnglish

Korshub's take

Why do some societies flourish while others stagnate? Professor Sir Paul Collier, one of the world's foremost scholars on development, reveals the factors that determine whether poor countries climb toward prosperity or remain trapped. The course moves beyond simplistic narratives: it examines how political systems must balance centralization with inclusion, why social cohesion (identity, norms, narratives) matters as much as capital, and how external forces—trade, investment, migration, and global governance—shape opportunity. Rather than prescribing a single path, Collier traces multiple development trajectories, showing why solutions that worked in one context may fail in another. For policymakers, economists, and global citizens seeking to understand inequality and development strategy.

About this course

How can poor societies become prosperous and overcome obstacles to do so? Professor Sir Paul Collier is one of the world's leading scholars on this question, and in this economics course you will have the opportunity to learn from him directly.

This course will discuss and examine the following topics:

The role of government and the key political, social and economic processes that affect development;
Why societies need polities that are both centralised and inclusive, and the process by which these polities develop;
The social factors that are necessary for development, including the importance of identities, norms, and narratives;
The impact of economic processes on development, including discussion about how government policies can either promote or inhibit the exploitation of scale and specialisation;
The external conditions for development, including trade flows, capital flows, labour flows and international rules for governance.

Enrol in this course to understand the factors that influence economic development and the different development paths that countries across the world have taken.

Korshub's take

About this course

This course will discuss and examine the following topics:

The role of government and the key political, social and economic processes that affect development;
Why societies need polities that are both centralised and inclusive, and the process by which these polities develop;
The social factors that are necessary for development, including the importance of identities, norms, and narratives;
The impact of economic processes on development, including discussion about how government policies can either promote or inhibit the exploitation of scale and specialisation;
The external conditions for development, including trade flows, capital flows, labour flows and international rules for governance.

Enrol in this course to understand the factors that influence economic development and the different development paths that countries across the world have taken.