Экономика переходного периода и развивающихся рынков
- The purpose of this course is to offer Master students basic knowledge on economic problems and challenges faced by the group of transition and emerging-market economies.
- Know the main trends in the development of the global economy, the rules that determine behavior of actors in transition and emerging-market economies
- Be able to apply research methods to analyze key problems of economies in transition and emerging-market economies
- Have the skills of statistical, analytical, scientific information analysis; of one's own judgments presentation and debate
- IntroductionThis part of the course includes: (1) Course overview; (2) Evaluation system; (3) Suggested resources
- Centrally planned economy: its origins, evolution and collapseIn 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.
- Post-communist transition and its outcomesIn this part 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.
- The role of external actors in post-communist transition and economic reforms in AsiaIn 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).
- Market reforms in the Arab world, Sub-Saharan Africa and Latin AmericaIn 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.
- Emerging markets and their role in global economyIn 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.
- EMEs, globalization and international tradeIn this module we will discuss consequences of globalization, changes in international financial institutions, emerging-market economies and global and regional trade systems.
- Interim assessment (2 module)0.42 * 6 tests + 0.28 * Academic supervisor control + 0.3 * Essay
- Lakshmi Iyer. (2016). Institutions, Institutional Change and Economic Performance in Emerging Markets. World Scientific Publishing Co. Pte. Ltd. https://doi.org/10.1142/9777
- Montiel, P. (2011). Macroeconomics in Emerging Markets (Vol. 2nd ed). Cambridge: Cambridge University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=366269
- Payne, C., & Garcia, S. (2018). Emerging Markets : Recent Developments, Challenges and Future Prospects. New York: Nova Science Publishers, Inc. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1670038
- Reynolds, J. V. (2010). Emerging Markets : Identification, New Developments and Investments. New York: Nova Science Publishers, Inc. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=340220