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Economics of Transition and Emerging Markets

2018/2019
Учебный год
ENG
Обучение ведется на английском языке
2
Кредиты
Статус:
Курс по выбору
Когда читается:
2-й курс, 2 модуль

Course Syllabus

Abstract

The course analyzes challenges faced by transition and emerging-market economies, i.e., those middle- and low-income countries, which have conducted market-oriented economic reforms and become integrated into the global economy since 1990s. It starts from a brief history of communist economic system based on central planning in the former Soviet Union and Central and Eastern Europe, its evolution and collapse at the end of 1980s/ early 1990s and subsequent transition to a market system in 1990s and 2000s. Then it analyzes experience of market reforms in China, India, other Asian countries, Middle East and North Africa, Sub-Saharan Africa and Latin America at the same period. Finally, it discusses the problems of contemporary global economy and global and regional economic governance with the special focus given to emerging-market economies and their role. By the end of the course you will be able to analyse emerging-market economies and economies in transition, taking into account their crucial characteristics and historical experience. Participation in the course does not require any preconditions, however, basic economic knowledge would be an advantage. The course is conducted as MOOC on the Coursera platform: https://www.coursera.org/learn/economics-transition-emerging-markets Course curators contacts: npakhmutova@hse.ru. The course of HSE University. The course teacher: Marek Dabrowski (Professor, Department of Applied Economics)
Learning Objectives

Learning Objectives

  • The aim of course is to learn to analyse emerging-market economies and economies in transition
Expected Learning Outcomes

Expected Learning Outcomes

  • Сonducts analysis of socially significant problems and processes
  • Formulates and substantiates its own point of view on socio-economic processes in Russia and in the world
Course Contents

Course Contents

  • Economics of Transition and Emerging Markets
    Centrally planned economy: its origins, evolution and collapse. Post-communist transition and its outcomes. The role of external actors in post-communist transition and economic reforms in Asia. Market reforms in the Arab world, Sub-Saharan Africa and Latin America. Emerging markets and their role in global economy. EMEs, globalization and international trade.
Assessment Elements

Assessment Elements

  • non-blocking Average of all module quizzes
  • non-blocking Peer-assessed essay
Interim Assessment

Interim Assessment

  • Interim assessment (2 module)
    0.5 * Average of all module quizzes + 0.5 * Peer-assessed essay
Bibliography

Bibliography

Recommended Core Bibliography

  • Mitra, P., Selowsky, M., & Zalduendo, J. (2010). Turmoil at Twenty : Recession, Recovery, and Reform in Central and Eastern Europe and the Former Soviet Union. Washington, DC: World Bank Publications. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=301809

Recommended Additional Bibliography

  • Economic Development and Entrepreneurship in Transition Economies / editors by Jovo Ateljević, Jelena Trivić. – Springer, Cham, 2016. - Текст: электронный // DB Springer Books [сайт]. – URL: https://link.springer.com/book/10.1007/978-3-319-28856-7#toc