• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Political Economy of Postcommunist Transformation

2022/2023
Academic Year
ENG
Instruction in English
3
ECTS credits
Course type:
Elective course
When:
1 year, 3 module

Instructor

Course Syllabus

Abstract

This course explores the complex relations between political and economic transition in Russia and other post-communist countries in the last 40 years. In the 1980s, communist political leaders realized that the command system could no longer provide economic growth. Their response to this challenge was to launch economic reforms that in turn had a significant impact on the political system. While in China economic opening and reform resulted in a period of prolonged economic growth, reforms in Russia led to a severe economic crisis with a 45% decrease in GDP between 1991 and 1998, before growth took off during the 2000s. Today, many post-communist countries stand again at a point where they have to re-think their underlying economic model. To understand where they are coming from, and where they might be headed, this course provides an in-depth discussion of the concept of economic growth in post-communist transition. What are the determinants of economic growth in both countries? What is the role played by politicians, economic advisors and business elites, the effect of shock therapy and gradualism, and the role of state institutions? How do privatization, corruption, the nature of state-business links and the availability of natural resources affect economic performance? After offering a short historical overview, we will discuss all of these topics in turn.
Learning Objectives

Learning Objectives

  • The goal is to explore the specifics of post-communist economic transition
Expected Learning Outcomes

Expected Learning Outcomes

  • Students critically interpret the main events and trends in post-communist transition
  • Students must retrieve, collect, process and analyze a wealth of information to prepare for the quizzes, individual assignments and final essay
Course Contents

Course Contents

  • Command Economy in the late Soviet period: from stagnation to crisis. The Perestroika
  • The Gorbachev’s reforms: the failure to reform command economy
  • Market transition in Russian and beyond
  • Privatization in Russia
  • 5. The resource curse in Russia: pros and cons
  • Wealth and Inequality
  • Corruption, Violence and Institutions
  • Authoritarian Modernization
  • Perspectives of Russia’s Economy after the 2014 Crisis
Assessment Elements

Assessment Elements

  • non-blocking Quizzes
  • non-blocking Participation
    The assessment of students` work is based on individual participation and individual oral presentations on the issues raised in the compulsory readings. Grading is based on answers to the instructor’s questions addressed to the audience and particular students; students’ questions to the instructor; discussions among students in smaller groups. Students are assessed for the quality of their arguments and ability to analyze critically the problem, engage with the arguments of the book, peers and the instructor, ability to find links between different parts of the course and its readings. Attendance is obligatory. Students must not skip classes without valid reason. If a student misses more than one class without a valid reason, he/she will be punished by reduction of his/her assessment by 5%.
  • non-blocking Individual assignment/presentation
    During week 4 a few teams of no more than 3 students are expected to prepare a series of group presentations – as country reports on success/failure of market reforms in post-communist countries. The goal of this exercise is to compare reform outcomes in as many as possible post-communist countries. Presentations are to be followed by in-class discussions. Please follow these guidelines: 1) Limit your presentation by 10-12 minutes 2) Limit the number of your PowerPoint slides by 10 3) Suggested structure and content: a. The onset of reform b. The course (and speed) of the reform (narrative) c. Basic facts: figures, tables, charts, graphs etc. d. Country-specific context e. Success or failure: how to assess the reform outcome f. Your comments 4) Please avoid reading your slide (either from paper, or tablet/smartphone, laptop) 5) Each extra 3 min of presentation will be punished by 1 score; reading slides – by 1 score Countries you may chose: Belarus, Ukraine, Moldova, Estonia, Latvia, Lithuania, Georgia, Armenia, Azerbaijan, Uzbekistan, Kyrgyzstan, Turkmenistan, Poland, Hungary, the Czech republic, Slovenia, China, Vietnam.
  • non-blocking Essay
    to pass exam each student has to submit an essay on the topic related to the course. The topic of an essay should be approved by instructor and submitted by student no later than two weeks before deadline. Students submit exam essays due to the date as approved by the instructor. The text files should in Word/PDF format. The exam design does not require any special software or proctoring.
Interim Assessment

Interim Assessment

  • 2022/2023 3rd module
    0.24 * Individual assignment/presentation + 0.24 * Participation + 0.12 * Quizzes + 0.4 * Essay
Bibliography

Bibliography

Recommended Core Bibliography

  • Dzarasov R. The conundrum of Russian capitalism: The post-Soviet economy in the world system. – London : Pluto Press, 2014. ISBN: 9780745332796
  • Gustafson T. Capitalism Russian-Style. – Cambridge University Press, 1999.
  • Gustafson T. Capitalism Russian-Style. – Cambridge University Press, 1999. ISBN: 9780511149474
  • Robinson N. (ed.). The political economy of Russia. – Rowman & Littlefield, 2012. ISBN: 9781442210745

Recommended Additional Bibliography

  • Connolly, R. (2016). The Empire Strikes Back: Economic Statecraft and the Securitisation of Political Economy in Russia. Europe-Asia Studies, 68(4), 750–773. https://doi.org/10.1080/09668136.2016.1156056
  • Daniel Treisman. (2016). Russia’s Billionaires. American Economic Review, (5), 236. https://doi.org/10.1257/aer.p20161068
  • Filip Novokmet, Thomas Piketty, & Gabriel Zucman. (2018). From Soviets to oligarchs: inequality and property in Russia 1905-2016. The Journal of Economic Inequality, (2), 189. https://doi.org/10.1007/s10888-018-9383-0
  • The Role of Oligarchs in Russian Capitalism. (2005). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.8D3B9D7A