Economics of Transition and Emerging Markets

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  • Introduction
  • Centrally planned economy: its origins, evolution and collapse
    • Dear Students, In this module we will discuss the origins of a centrally planned economy, its major characteristics, evolution, attempts of its reform and history of its collapse, agenda of market transition in 1990s and its major components such as macroeconomic stabilization, domestic and external liberalization, and privatization.There will be 7 parts of video-lectures of 7-25 minutes length. You can use recommended literature to go deeper in learning this module. After you watch the video-lectures you are to complete the first quiz. We look forward to seeing you in class! Best wishes,Your course team.
  • Post-communist transition and its outcomes
    • Dear Students, In this week we will discuss political economy of transition, controversies over a transition strategy, and first results of transition (at the end of 1990s), interrelations between market and democracy, and between economic and political transition, and the role of external actors in transition process.There will be 5 parts of video-lectures of 7-25 minutes length. You can use recommended literature to go deeper in learning this module. After you watch the video-lectures you are to complete the second quiz. We look forward to seeing you in class! Best wishes,Your course team.
  • The role of external actors in post-communist transition and economic reforms in Asia
    • Dear students, In this module we will discuss the role of external actors (IMF, World Bank, WTO, EU, etc.) in economic and political transition in Central and Eastern Europe and former Soviet Union, cumulative results of transition in early/mid 2010s, specifics of Chinese economic transition and its major stages, market reforms in other Asian countries (Vietnam, Laos, Cambodia, Myanmar, Mongolia, India). There will be 5 parts of video-lectures of 7-25 minutes length. You can use recommended literature to go deeper in learning this module. After you watch the video-lectures you are to complete the third quiz. We look forward to seeing you in class! Best wishes, Your course team.
  • Market reforms in the Arab world, Sub-Saharan Africa and Latin America
    • Dear students, In this module we will discuss market reforms in the Arab world (including the period of Arab Spring), Sub-Saharan Africa, Latin America, summary of emerging-market reforms since 1980s.There will be 5 parts of video-lectures of 7-25 minutes length. You can use recommended literature to go deeper in learning this module. After you watch the video-lectures you are to complete the fourth quiz. We look forward to seeing you in class! Best wishes,Your course team.
  • Emerging markets and their role in global economy
    • Dear students, In this module we will discuss causes and consequences of emerging market-crises in 1980s and 1990s, impact of the global financial crisis of 2008-2009 on emerging-market economies, the increasing role of emerging-market economies in the global economy.There will be 5 parts of video-lectures of 15-25 minutes length. You can use recommended literature to go deeper in learning this module. After you watch the video-lectures you are to complete the fifth quiz. You also have an obligatory peer assessed essay assignment in this module. See the relevant section for further details. We look forward to seeing you in class! Best wishes, Your course team
  • EMEs, globalization and international trade
    • Dear students, In this module we will discuss consequences of globalization, changes in international financial institutions, emerging-market economies and global and regional trade systems.There will be 5 parts of video-lectures of 12-20 minutes length. You can use recommended literature to go deeper in learning this module. After you watch the video-lectures you are to complete the sixth quiz. We look forward to seeing you in class! Best wishes,Your course team.

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