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SUMMARY:Economic Development and Design - Dr. Eswaran Subrahmanian\, Resea
 rch Professor at the ICES and EPP at Carnegie Mellon University
DTSTART:20170224T150000Z
DTEND:20170224T160000Z
UID:TALK71274@talks.cam.ac.uk
CONTACT:Mari Huhtala
DESCRIPTION:Economic development has been the subject of debate in transfo
 rming developing counties through technology and economic models of develo
 pment.   The dominant models in economic development are the supply side m
 odel (Sachs) and Demand side model (Easterly). More recently we see the em
 ergence of Randomized control trails as means to understand behavior of  p
 eople and institutions. The two types of models these approaches suggest a
 re top-down model of the former two versus bottom up model of the RCT appr
 oach. The experiences from these approaches while informing design of econ
 omic structures are not sufficient to address the problem of economic deve
 lopment. On the other hand\, if we were to understand economic structures 
 as designed structures one could fruitfully apply design based approaches 
 to economic development.   We propose the PSI framework that deals with th
 e interactions of design problem space\, social space and the institutiona
 l space as a means to analyze designed economic structures. We will use ex
 amples of successful and unsuccessful economic development project using t
 he PSI framework. The cases will include solar lighting in villages in con
 trast to grid based lighting policy of the Indian Government and cooking s
 tove design and eye care service design as illustrations of the use of PSI
  Framework
LOCATION:Sir Arthur Marshall Room\, Engineering Design Centre\, CUED
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