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ECON235
Post-Socialist Economics in Transition
ECON235 FA
Crosslistings: REES235
| Section | Class Size | *Available | Times | POI | Prereq |
|---|
| 1 | 35 | 3 | Times: M.W.... 1:10PM-2:30PM; | No | Yes |
*The number of spaces listed as available is based on class seats open for
the Blue Add phase of registration. Some seats may be taken in previous
phases while others may be held out for subsequent phases of registration.
(Last Updated on Tue Aug 10 05:00:30 EDT 1999
)
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 unparalled in history. The
course begins with a characterization of the transition and
an overview of progress to date in several countries. To
analyze the macroeconomics of liberalization and
stabilization, we study the Polish and Russian experiences.
An essential cornerstone of the transition is a transfer of
ownership from the state to private individuals. To analyze
the microeconomic issue of enterprise privatization, we
consider the experiences of the Czech Republic, Russia,
Poland and Hungary. Finally, we examine the progress made
in all four countries in financial sector development,
including the privatization of state-owned banks, as the
crucial ingredient to promoting long-term sustainable
growth. Students are encouraged to investigate topics of
special interest in a research exercise.
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
Boycko, Maxim, Shleifer, Andrei, and Vishny, Robert,
PRIVATIZING RUSSIA, The MIT Press, 1996
Journal articles and other readings.
EXAMINATIONS AND ASSIGNMENTS
1. A critique of
Kornai's book.
2. Three position papers, one on each of the three aspects
of transition identified in the course description.
3. A research exercise on a topic or country not covered in
the course syllabus.
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: M.W.... 1:10PM- 2:30PM;
- 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-22-1999
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