About this course: The course analyzes challenges faced by transition and emerging-market economies, i.e., those middle- and low-income countries, which have conducted market-oriented economic reforms and become integrated into the global economy since 1990s. It starts from a brief history of communist economic system based on central planning in the former Soviet Union and Central and Eastern Europe, its evolution and collapse at the end of 1980s/ early 1990s and subsequent transition to a market system in 1990s and 2000s. Then it analyzes experience of market reforms in China, India, other Asian countries, Middle East and North Africa, Sub-Saharan Africa and Latin America at the same period. Finally, it discusses the problems of contemporary global economy and global and regional economic governance with the special focus given to emerging-market economies and their role. By the end of the course you will be able to analyse emerging-market economies and economies in transition, taking into account their crucial characteristics and historical experience. Participation in the course does not require any preconditions, however, basic economic knowledge would be an advantage. In order to pass successfully this course you must score not less than 80% for each of six after module quizzes and complete the peer-assessed essay at the end of the course.
Taught by: Marek Dabrowski, Professor
Department of Applied Economics
| Level | Beginner |
| Commitment | 6 weeks of study, 2 hours/week |
| Language | English |
| How To Pass | Pass all graded assignments to complete the course. |
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Very good lectures and got a concrete view on transition in emerging market engaging the political background with eco
that is a perfect course. i strongly recommend everybody just to take this course. during taking this course you will be aware of transitions processes that took place during the existence of the soviet union and the other socialist states.
Excellent explanation and transition overview of how economics are growing. However, I was not from proper economic background and so Faced some difficulties in understanding special terms used such as crawling peg, anchoring etc. Worth it if you can do handwork and have a spark to learn global perspective of emerging market economies .
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JS
The videos are sometimes a bit try. The content is interesting, though, and the lectures are easy to follow.