| Instructors: | Priv.Doz.Dr. Stephan Barisitz |
| Type: | PI |
| Weekly hours: | 2 |
| Members (max.): | 15 |
| Registration period: | 02/01/10 to 03/01/10 |
| Note: | Die Lehrveranstaltung wird nur im SS angeboten. |
- Class objective(s) (learning outcomes)
- The aim of this course is to give an overview of economic transformation in Central and Eastern Europe from communism to capitalism, largely covering the last 25 years. The focus will be on the dynamic and even dramatic changes in the regions banking sectors which have produced very different reform paths in the 14 largest countries, from the Czech Republic and Croatia in the West to Russia and Uzbekistan in the East. Aspects of the current financial crisis are dealt with; also, a short presentation of the work of a country analyst at the Oesterreichische Nationalbank is given. The course is held for half of a semester, covering six hours every two weeks (5 units, Blockveranstaltung, korrespondierend mit LV Österreich und Europa).
- Prerequisites according to degree program
- Preconditions according to Studienplan
Freies Wahlfach, no preconditions - Teaching and learning method(s)
- Units 1 to 4 are lectures by the lecturer, also giving practical job knowledge; students have the possibility to participate (ask questions). Then participants give presentations on what they have heard, enriched by the fruits of their own reading.
- In case of restricted admission; selection criteria
- Required previous knowledge
None - Criteria for successful completion
- Full presence at the course, active participation, positive evaluation of the presentation.
- Availability of instructor(s) for contact by students
- Vor der Lehrveranstaltung im Institut für Wirtschafts- und Sozialgeschichte
- Miscellaneous
- Korrespondierend mit Lehrveranstaltung Österreich und Europa
Die Lehrveranstaltung findet im Seminarraum des Instituts für Wirtschafts- und Sozialgeschichte - jeweils von 17:00 bis 21:30 Uhr - statt.
UZA I, Kern A, 1. OG, A.1.10.12
| Day | Date | Time | Room |
|---|---|---|---|
| Monday | 03/15/10 | 05:00 PM - 09:30 PM | SR Inst. Wirtschafts-u. Sozialgeschichte |
| Monday | 03/22/10 | 05:00 PM - 09:30 PM | SR Inst. Wirtschafts-u. Sozialgeschichte |
| Monday | 04/26/10 | 05:00 PM - 09:30 PM | SR Inst. Wirtschafts-u. Sozialgeschichte |
| Monday | 05/17/10 | 05:00 PM - 09:30 PM | SR Inst. Wirtschafts-u. Sozialgeschichte |
| Monday | 05/31/10 | 05:00 PM - 09:30 PM | SR Inst. Wirtschafts-u. Sozialgeschichte |
| Monday | 06/28/10 | 05:00 PM - 09:30 PM | SR Inst. Wirtschafts-u. Sozialgeschichte |
The aim of this course is to give an overview of economic transformation in Central and Eastern Europe from communism to capitalism, largely covering the last 25 years. The focus will be on the dynamic and even dramatic changes in the regions banking sectors which have produced very different reform paths in the 14 largest countries, from the Czech Republic and Croatia in the West to Russia and Uzbekistan in the East. Aspects of the current financial crisis are dealt with; also, a short presentation of the work of a country analyst at the Oesterreichische Nationalbank is given. The course is held for half of a semester, covering six hours every two weeks (5 units, Blockveranstaltung, korrespondierend mit LV Österreich und Europa).
| Unit | Date | Contents |
|---|---|---|
| 1 | 15.03.2010 |
Vorbesprechung: Banks and their role in a modern market economy Banking in a socialist economy - The Soviet model in theory and practice - The Hungarian experience - The Yugoslav system - Late reform efforts and collapse |
| 2 | 22.03.2010 |
Banking sector transition: the first reform wave (up to around 2000) - Initial liberalization - Initial restructuring and tightening - Unsustainable equilibrium - Renewed destabilization and crisis Close-up of banking reforms up to 2000 - Case studies focusing on individual countries, incl. the Hungarian model, Bulgarian and Russian crises, instant transition in East Germany, lost decade in Yugoslavia etc. |
| 3 | 26.04.2010 |
Banking sector transition: the second reform wave - Introduction of hard budget constraints for banks - Spreading the hard budget constraints to the real sector - Profound restructuring and inflows of FDI - Catching-up credit booms Close-up of recent banking reforms - Case studies focusing on individual countries, e.g. Czech and Slovak structural modernization, Bulgarian and Russia: strong recoveries, but different strategies, Croatia: number 1?, Ukraine: moving westward?, Belarus and Uzbekistan: persisting state dominance |
| 4 | 17.05.2010 |
Aspects of the current financial crisis Perspectives of banking in Central and Eastern Europe + Presentation of practical work of country analyst at Oesterreichische Nationalbank |
| 5 | 31.05.2010 | Presentations by students |
Anderson, R. and Kegels, C.: Transition Banking - Financial Developmentr of Central and Eastern Europe, Clarendon Press, Oxford, 1988; Content relevant for class examination: Keine Angabe; Content relevant for degree examination: Keine Angabe; Recommendation: Referenzliteratur
Back