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ECON235
Post-Socialist Economics in Transition
ECON235 SP
Photo Caption and Credits
Spring 97 Availability (Last Updated on Thu Apr 17 05:00:17 EDT 1997
)
Section Limit Enrollment Available
01 31 0 31
The transition of the formerly centrally planned and
bureaucratically managed economies of the now defunct Soviet
bloc to market oriented economies based on private
initiative is an event unparalled in history. After a
brief overview of the issues, we consider three major
aspects of the transition, namely, stabilization/
liberalization, financial sector reform, and privatization.
The experiences of Hungary, Poland, the Czech Republic, and
Russia are examined. Our objective is to compare the
various roads embarked upon by the transforming countries
and to assess future prospects (e.g., integration into the
European Union.)
MAJOR READINGS
Janos Kornai, THE ROAD TO A FREE ECONOMY:
SHIFTING FROM A SOCIALIST SYSTEM - THE EXAMPLE OF HUNGARY,
W.W. Norton and Co., 1990
Blanchard, O., et al, REFORM IN EASTERN EUROPE, M.I.T.
PRESS, Cambridge, 1991.
Journal articles and media material on reserve.
EXAMINATIONS AND ASSIGNMENTS
1. Short (1-2 pages) summary
papers for class discussion may be assigned.
2. Three position papers (5-7 pages) on the major aspects
of the transition may be assigned.
3. A research paper is required.
No examinations.
ADDITIONAL REQUIREMENTS and/or COMMENTS
Please note that if
you do not match one of the prerequisite listings EXACTLY,
then you need a prerequisite override.
Unless preregistered students attend the first class meeting
or communicate directly with the instructor prior to the
first class, they will be dropped from the class list.
NOTE: Students must still submit a completed Drop/Add form
to the Registrar's Office.
COURSE FORMAT: Lecture Discussion
REGISTRATION INFORMATION
Level: UG Credit: 1.00
Gen Ed Area & Dept: SBS ECON
Prerequisites:
ECON111 and ECON112 or ECON105
- Section 01
- Bonin, J
- Times: .T.T... 2:40PM;
- Grading Mode: Mixed
- Registration Preference (1 high to 6 low, 0=Excluded) Sr: 1, Jr: 2, So: 3, Fr: 4
- Major Preference Given
Last Updated on MAR-10-1997
About the Photo:
" 'We shall fulfill the decisions of the Party Congress'
announces the 'new' communist man. Two passers-by take no
notice... nor did most of the Russian economy. The centrally
planned economy...was generally conceded to have failed."
Reference:
Pollard, Sidney, WEALTH AND POVERTY: AN
ECONOMIC HISTORY OF THE TWENTIETH
CENTURY, New York: Oxford University Press, 1990
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Copyright Wesleyan University, Middletown, Connecticut, 06459