Economies in Transition
Spring 2014 not offered
|Certificates: International Relations
The transition of the formerly centrally planned and bureaucratically managed economies of the now-defunct Soviet bloc to market economies based on private property and individual initiative is an event unparalleled in history. The course begins by examining carefully the early period of transition, focusing on the legacies and initial conditions, and traces the progress of transition countries over more than two decades. Issues considered include macroeconomic stabilization, privatization, and financial sector reform. China is studied as a special case of transition to a more market-oriented economy.
|Gen Ed Area Dept:
|Course Format: Lecture / Discussion
|Grading Mode: Student Option
|Prerequisites: ECON101 OR ECON110
|Fulfills a Major Requirement for: (ECON)(REES-MN)
Aslund, Anders, How Capitalism Was Built: The Transformation of Central and Eastern Europe, Russia, and Central Asia, Cambridge University Press, 2007
Naughton, Barry, The Chinese Economy: Transitions and Growth, MIT Press, 2007
Selected journal articles
|Examinations and Assignments:
Three position papers on the core topics of the course comparing the experiences of two or more countries.
Each student will choose a transition country and become an expert adviser by researching its background, learning about its transition experiences, and following its progress throughout the semester.
A research paper on a policy issue of concern in the chosen country is due at the end of the term. If the country chosen is one that is used to illustrate a core topic, the policy paper must be on a different topic than the one considered in the relevant position paper.
|Additional Requirements and/or Comments:
Regular class attendance is expected. A student's grade may be adjusted for the quality of class participation
Students who complete ECON 265 cannot receive credit towards the econ or MECO major for ECON 365, or vice versa depending on your needs for major credit.
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