ECON 120 Socialist Economies in Transition

Privatization, restructuring, and institutional change in E. Europe and the former Soviet Union. Analysis of property rights, corporate governance, incentives, and resource allocation in socialist and transitional economies. Emphasis is on liberalization and privatization policies (including mass and voucher programs) as the primary instruments to induce changes in behavior. Prerequisite: 50. Recommended: 51. not given this year

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