Focusing on East Asia and Eastern Europe, the class offers a critical comparative study of alternative approaches to establishing economic systems that will support growth, promote social cohesion, and facilitate transition to a market economy. The class includes a brief discussion of varieties of economic systems within the developed world, comparing the U.S. to Western Europe. However, particular attention is paid to development in economic systems in fast growing East Asia and Eastern Europe in transition. We examine various combinations of institutional framework, economic policies and available resources that facilitated the transition and strong growth in these regions. Fall Semester (when offered).
