Economics 161

Transition Economics--Europe
Fall 2003
Instructor: Professor Gérard Roland
Office: 627 Evans Hall
Office Hours: Tuesday, Thursday 11 a.m. to 12
e-mail: groland@econ.berkeley.edu 		Course Information
Meets Tuesday, Thursday from 9:30-11 in 390 Hearst Mining Building
syllabus

INTRODUCTION

Part I: The Socialist Economy

I.1: Objectives and instruments of central planning

I.2 Managerial incentives

I.3 Economic behavior under shortage

I.4 Worker behavior

I.5 Economic coordination

Review questions for Part I

Part II Transition

II.1 Tasks of transition
II.2 Stylized facts of transition

II.3 Political economy of reform and reform strategies

II.4 Liberalization

II.5 Explaining the output fall

II.6 Institutions and differences in performance

II.7 Privatization and restructuring

II.8 Exchange rate, capital movements and accession

II.9 Lessons from the transition experience

Review for Part II

Announcement

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