Anca M. Voicu | RCC100-24 The World Behind and Beyond the Iron Curtain:
 |
||
This course focuses on the economies of Eastern and Central European counteries and the specifics of their transitions to market economies. |
| The World Behind and Beyond the Iron Curtain: |
Understanding the Economies of Central and Eastern Europe Description: This course is about the Central-Eastern European countries’ transition of the past 18 years, 1989-2007. It aims to provide an economic framework for understanding the past and the recent change. How were the Soviet-type economies able to function at all when property rights were badly defined, neither workers nor managers had clear incentives, and planning decisions were made most of the times on the basis of incomplete and misleading information? This is just one of the many questions that we will be answering in this course. While the focus of our analysis will be on the Central Eastern European countries (CEECs), attention will also be paid to the contemporary Chinese economy, emerging as it has from the Soviet model, but with the introduction of markets and sustained state control.
|