REPORT OF THE IEA COMMITTEE ON A NEW SCHOOL OF ECONOMICS AND ECONOMIC-DEVELOPMENT (SEED) IN THE THIRD-WORLD

This is the final report of a Committee appointed in 1991 by the Inter national Economic Association to investigate the desirability and feas ibility of establishing a new Graduate ''School of Economics and Econo mic Development'' (SEED) as an international center of excellence in a Third-World Country. The report reviews the purpose of such an instit ution, and provides an ideal blueprint. Key elements are a Third-World location, a special but non-exclusive commitment to issues of develop ment, an aim of scientific excellence carried by an international grou p of teachers, researchers and students coming from both developed and developing countries. Two alternatives are considered: a full-fledged school offering Ph.D. and M.A. programs; or a simpler and cheaper alt ernative centered on research, M.A. education, and hosting of Ph.D. st udents from other institutions. The budgetary needs of both projects a re assessed. Although the full-fledged project is preferred, the cheap er alternative is perhaps more feasible, and remains entirely desirabl e. Reactions, objectives and counterproposals are reviewed.