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(119) ECONOMIC TRANSITION PATHWAYS INSOUTHEASTERN EUROPE: DISRUPTIONS, CHALLENGES, PROSPECTS 

 

 

INSTRUCTOR: Dr. Ritsa Panagiotou, Senior Research Fellow, Centre of Planning and Economic Research -KEPE

 

Course Description

The course will be categorized into several core themes:

Communist Era:  Structure and main characteristics of centrally planned economies, inherent weaknesses and structural challenges of command economies,  analysis of two case studies (Albania and the Socialist Federal Republic of Yugoslavia)

Transition Era: the collapse of the centrally planned regimes and the launch of the transition from plan to market, key steps in the transition process (stabilisation, liberalisation, privatisation, institutional reforms, “shock therapy” vs gradualism), particularities of the transition process in Southeast Europe (war, sanctions, role of foreign aid), case studies of Southeast European transition (early reformers and late reformers)

Current challenges and Prospects for the Future: Western Balkan Economic Relations with Greece, the impact of the crisis on the Western Balkan Economies,  evaluation of the process and assessment of future prospects regarding economic growth, transition and EU prospects.