Micro-entrepreneur on the streets of Ho Chi Minh City, Vietnam 2001. (Photo courtesy of Prof. Annette Miae Kim.)
This course features lecture notes from presentations by guest lecturers. Student papers are also available in the assignments section.
During the last fifteen years, nations across the globe embarked on a historic transformation away from centrally planned economies to market-oriented ones. However, in the common pursuit for economic growth, these transition countries implemented widely different reform strategies with mixed results. With over a decade of empirical evidence now available, this new course examines this phenomenon that has pushed the discourse in a number of disciplines, requiring us to reconsider fundamental issues such as:
- the proper relationship between business, government, and the public interest
- the possible synergies and tensions between economic growth and equity
- how economic transition has reshaped cities
The premise of the course is that the core issue in transition involves institution-building and re-building in different contexts.