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 International Economic Association to investigate the desirability and feasibility of establishing a new Graduate ''School of Economics and Economic Development'' (SEED) as an international center of excellence in a Third-World Country. The report reviews the purpose of such an institution, and provides an ideal blueprint. Key elements are a Third-World location, a special but non-exclusive commitment to issues of development, an aim of scientific excellence carried by an international group 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 alternative centered on research, M.A. education, and hosting of Ph.D. students from other institutions. The budgetary needs of both projects are assessed. Although the full-fledged project is preferred, the cheaper alternative is perhaps more feasible, and remains entirely desirable. Reactions, objectives and counterproposals are reviewed.