ECON 661Comparative Economic Systems

This course focuses on the principal forms of advanced capitalism in the contemporary world. Emphasis is placed on understanding theoretically the operative principles of these systems, together with trends toward convergence and divergence. In addition, various transitions to capitalism in Eastern Europe, the former Soviet Union, and 'the South' are analyzed. Topics such as the extent and significance of globalization, US hegemony, European integration, the formation of regional trading blocks, and international conflict and cooperation, also figure prominently.