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Since the fall of the Bretton Woods institutions, economists believed that the "market first" approach may solve all the problems of struggling economies. It seemed that the whole world acknowledged the victory of the liberal approach. However, as time went on, it became obvious that the neoliberalist approach did not work well for all the countries in the Commonwealth of Independent States. Some of them adopted a different approach to addressing the economic problems. Furthermore, the World Financial Crisis in 2008, Russia's war against Ukraine, and subsequent sanctions in 2014 and 2022 changed the whole post-Soviet economic environment. Current developments in economic transformations will represent a third component of the course (after socialism and transformations in the 1990s).
The course is primarily aimed at non-economists. Its main purpose is to provide students with an understanding of the political economy of developments in the post-Soviet space and the debates surrounding the transformation process. Compared with purely economic science courses, the course covers a broader field of changing political-economic systems. When did the transformation begin? What were the main differences between Central Europe and the post-Soviet space? Why did the transformation evolve to a semi-failed state in Ukraine, an authoritarian state in Russia, or full dictatorships in Central Asia? What was the role of initial conditions? Is there any "right" approach that is universal to all countries? Why can economic science not agree on one single approach? Last update: Svoboda Karel, Mgr., Ph.D. (28.01.2025)
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The course aims to present the political economy of economic transformations in the post-Soviet area, accessible to non-economists. It provides students with an overview of debates surrounding these transformations. After this course, students should be accustomed to the economic transition theories applied to the area's political situation. Furthermore, it helps to understand the current political economy of the post-Soviet area, (de)globalization, and (de)integration. Last update: Svoboda Karel, Mgr., Ph.D. (28.01.2025)
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Students must fulfill all parts of the evaluation at 50% as a minimum. According to the Dean's provision, the teacher evaluates the student's performance in the percentages assigned to grades A to F (https://fsv.cuni.cz/opatreni-dekanky-c-20/2019):
Last update: Svoboda Karel, Mgr., Ph.D. (28.01.2025)
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The readings for each class will be available through Moodle https://dl2.cuni.cz/course/view.php?id=3966 Obligatory readings: Myant M.; Drahokoupil J., Transition Economies: Political Economy in Russia, Eastern Europe, and Central Asia. Hoboken, New Jersey: Wiley-Blackwell, 2010 Aslund A., How capitalism was built: the transformation of Central and Eastern Europe, Russia, and Central Asia, Cambridge: Cambridge University Press, 2007.
Additional: Aslund A., Russia's capitalist revolution: why market reform succeeded and democracy failed?, Washington: Peterson Institute for International Economics, 2007. Gevorkyan A. W., Transition Economies, Routledge 2021. Gelʹman, Vladimir, O. Marganii︠a︡, and Dmitriĭ Travin. 2014. Reexamining economic and political reforms in Russia, 1985-2000: generations, ideas, and changes. New York: Lexington Books. Last update: Šmidrkal Václav, PhDr., Ph.D. (09.03.2025)
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List of presentations. The topics may be expanded based on the student number.
The course is taught in person in Jinonice B330 The classes combine lecture and seminar approaches. Students are welcome to make their remarks, ask questions, and present their views. All readings are accessible through moodle https://dl2.cuni.cz/course/view.php?id=3966 Last update: Svoboda Karel, Mgr., Ph.D. (28.01.2025)
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Requirements: Activity in the class
Tests: test concluding each of the parts (Socialist economy, transformation, current affairs) - multiple choice based. Presentation
Assessment: 10% activity in the class (class reading) - ability to answer the questions and formulate own view, based on readings 60% tests (20 percent each) 30% presentation - the ability to formulate the topic and present it.
(A) 100 - 91% (B) 90 - 80% (C) 79- 70% (D) 69-60 (E) 59-50 (F) less than 50%
Note on plagiarism: Students should follow the rules of academic conduct. Any instance of plagiarism will be immediately delivered to the Disciplinary Commission for further decision. Please consult with the lecturer about any uncertainties before you submit your paper.
Last update: Svoboda Karel, Mgr., Ph.D. (28.01.2025)
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Last update: Šmidrkal Václav, PhDr., Ph.D. (28.02.2025)
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