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International Social Policy

ECTS: 
4
Lecturer: 
dr Sebastian Jakubowski
Type: 
Compulsory
Seminar
Number of hours: 
2h X 15 weeks = 30 hours (1 semester)
Objective: 

The lecture touches upon a wide spectrum of decisions of post-communist governments taken in the last two decades, which have transformed Central European Economies into emerging markets.

Special attention will be paid to the problems of social reforms applied in Central and Eastern Europe.

In the second part of the 90's Poland, the Czech Republic and Hungary became a classical "emerging markets" challenged by currency crisis, resources access, migrations, trade competition etc. Therefore, the most important points of the lecture will be: economic transformation, labour market policies, pension and health care reforms, than opening the domestic market for foreign trade and financial investments. The last part of the lecture concentrates on benefits and threats of the European integration for Central European Societies.

Assessment: 

1. Mid term paper of about 1,500 words.

2. Final paper of about 5,000 words, due on January 5th.

3. Active class participation.

Prerequisites: 

Basic Macroeconomics

Contents: 
  • Introduction
  • Heritage of Socialistic Welfare State
  • Mechanisms and Forms of Economic Transformation - Shock Therapy vs. Gradual Reforms
  • Privatisation
  • Labor Market Policies during Transformation
  • Foreign Trade and Foreign Direct Investments in CEE
  • Social Reforms - Pension Reforms
  • Social Reforms - Health Care Reforms
  • Monetary Policy and Inflation
  • Fiscal Challenges of Transformation
  • Summary