The Post-Communist Economic Transition

This seminar will use the “natural experiment” of the post-communist transition to better understand the origin and consequences of various economic and political institutions. Drawing on research related to China and Russia as well as other formerly communist economies in Europe and Asia, we will explore such themes as property rights reform, the finance-growth nexus, contract enforcement institutions, and the economic consequences of corruption and different political regimes. (Formerly ECON 0340) (ECON 0210 or MATH 0310 or MATH 0311 and ECON 0240 or ECON 0250, or by approval)