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The Economics of Transition in Eastern Europe and the Fsu (Course No. 380.731)

By Milanovic, Branko

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Book Id: WPLBN0000030605
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005
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Title: The Economics of Transition in Eastern Europe and the Fsu (Course No. 380.731)  
Author: Milanovic, Branko
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


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Milanovic, B. (n.d.). The Economics of Transition in Eastern Europe and the Fsu (Course No. 380.731). Retrieved from


The objective of the course is to give an overview of transition with emphasis on economic issues. The course is divided into four parts. The first (lectures 1-3) is a review of the historical background to the transition, and introduction to the models of transition. The second part (lectures 4-6) is at times rigorous (analytical and empirical) application of these models to explain changes in inequality, and difference in macro performance of transition economies. The third part (lectures 7-9) is concerned with issues of corporate governance and economic performance; it looks at voucher privatizations in the Czech republic and Russia. The last part (lectures 9-12) compares transitions in Russia and China, and introduces the recent critique of the Washington consensus. Familiarity with key economic concepts and algebra is necessary. There would be one (?external?) lecture, most likely on the subject of transition in Russia.


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