Fall 2011 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 tutorial begins by examining carefully the early period of transition, focusing on the legacies and initial conditions, and traces the progress of European transition countries over the last decade and a half. The topics covered are the nature of transition, macroeconomic stabilization, sustainable growth, privatization and enterprise restructuring, and financial sector reform. Comparisons across two or more countries are made to draw policy implications. The tutorial concludes with an in-depth analysis of China that illustrates a more gradual transition to a market-oriented economy.
||Gen Ed Area Dept:
|Course Format: Lecture / Discussion||Grading Mode: Graded|
||Fulfills a Major Requirement for: (CGST-MN)(CSS)