Buildng Capitalsm-Postcomm Tra

3 Credits · Level: Graduate, Juris Doctor

The purpose of this course is to provide graduate students with an empirical understanding of what post-communist economic transformation was about, its aims, issues, and outcomes. It offers a broad empirical and thematic overview of post-communist economic transformation in Eastern, Central Europe, and Central Asia. It will discuss how communism collapsed, alternative reform programs, the development of output, liberalization, financial stabilization, privatization, corruption and governance, social developments and policy, and the role of the outside world. It is designed for graduate students in various social sciences with a regional focus on Eurasia. An understanding of economic reasoning is required. After this course, a student should feel that he or she understands what post-communist economic transformation was about, what the main issues and disputes were, and what the main differences between the transition countries were.