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Y376 International Political Economy March 5, 2012
 
Comparative Economic Sizes, in Current Billions of Dollars, 1995
Key Issues ,[object Object],[object Object],[object Object],[object Object]
The End of the Cold War ,[object Object],[object Object],[object Object],[object Object],[object Object]
Dissidents ,[object Object],[object Object],[object Object],[object Object]
Main Problems of Centrally Planned Economies in the 1980s ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Figure 10-2. Average Annual Growth in Real GNP in the Soviet Union and Eastern Europe, 1961-1985 Source: Central Intelligence Agency,  Handbook of Economic Statistics 1988  (Washington, D.C.: U.S. Government Printing Office, 1988), p. 33.
Slow Technology Diffusion Stalin with a  Zil  Automobile
The New Russia This is Saint Basil’s Cathedral in Red Square  in Moscow, symbolic of the centralized power of the Russian State.  The building on new churches in Moscow is symbolic of the end of Communism.
Figure 10-3. Annual Growth in GDP in the Russian Federation, 1981-2006, in Percentages Source: World Bank,  World Data '95 CD-ROM  (Washington, D.C.: World Bank, 1995); World Bank,  World Development Indicators  2008.
Russia Real GDP Growth, 2003-2010
Figure 10-5. Budget Deficit/GDP and Growth in Consumer Prices in the Former Soviet Union and Russia, 1985-2006, in Percentages Sources: Stanley Fischer, “Russia and the Soviet Union Then and Now,” in Oliver J. Blanchard, Kenneth A. Froot, and Jeffrey D. Sachs, eds.,  The Transition in Europe: Country Studies  (Volume 1) (Chicago: University of Chicago Press, 1994), p. 234; and Keith Bush,  The Russian Economy in March 2002  (Washington: Center for Strategic and International Studies, 2002).
 
Russian GDP Growth and Crude Oil Prices, 1999-2007
Figure 10-4. Annual Growth in GNP in Eastern Europe, 1986-2006, in Percentages Source: World Bank,  World Development Indicators 2008.
Figure 10-7. FDI Inflows in Billions of Current Dollars, 1990-2006 Source: World Bank,  World Development Indicators 2008 .
Figure 10-6. Long-Term Debt Outstanding in Russia and Three Countries in Eastern Europe in Billions of Current Dollars, 1981-2006 Source: World Bank,  World Development Indicators 2008 .
Lessons Learned ,[object Object],[object Object],[object Object],[object Object]
Deng Xiaping’s 1978 Economic Reforms ,[object Object],[object Object],[object Object],[object Object],Lester Thurow video
Example: Shenzhen SEZ
Real GDP Growth in China, 1961-2008 Source: World Bank,  World Development Indicators 2008 .
Per Capita Income in China, 1980-2006, in Dollars Source:  World Development Indicators 2008.
Figure 10-9. U.S. Exports to and Imports from China, 1989-2007, in Billions of Current Dollars Source: U.S. Census Bureau,  Foreign Trade Statistics. Note: The trade balance is the difference between exports and imports.
Figure 10-11. Inflows and Outflows of Foreign Direct Investment into and from China, 1982-2006, in Billions of Current Dollars Source: World Bank,  World Development Indicators 2008 .
Figure 10-10. Long Term Debt Outstanding in China in Billions of Current Dollars, 1979-2006 Source: World Bank,  World Development Indicators 2008 . .
Summary ,[object Object],[object Object],[object Object]

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Ipe12

  • 1. Y376 International Political Economy March 5, 2012
  • 2.  
  • 3. Comparative Economic Sizes, in Current Billions of Dollars, 1995
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Figure 10-2. Average Annual Growth in Real GNP in the Soviet Union and Eastern Europe, 1961-1985 Source: Central Intelligence Agency, Handbook of Economic Statistics 1988 (Washington, D.C.: U.S. Government Printing Office, 1988), p. 33.
  • 9. Slow Technology Diffusion Stalin with a Zil Automobile
  • 10. The New Russia This is Saint Basil’s Cathedral in Red Square in Moscow, symbolic of the centralized power of the Russian State. The building on new churches in Moscow is symbolic of the end of Communism.
  • 11. Figure 10-3. Annual Growth in GDP in the Russian Federation, 1981-2006, in Percentages Source: World Bank, World Data '95 CD-ROM (Washington, D.C.: World Bank, 1995); World Bank, World Development Indicators 2008.
  • 12. Russia Real GDP Growth, 2003-2010
  • 13. Figure 10-5. Budget Deficit/GDP and Growth in Consumer Prices in the Former Soviet Union and Russia, 1985-2006, in Percentages Sources: Stanley Fischer, “Russia and the Soviet Union Then and Now,” in Oliver J. Blanchard, Kenneth A. Froot, and Jeffrey D. Sachs, eds., The Transition in Europe: Country Studies (Volume 1) (Chicago: University of Chicago Press, 1994), p. 234; and Keith Bush, The Russian Economy in March 2002 (Washington: Center for Strategic and International Studies, 2002).
  • 14.  
  • 15. Russian GDP Growth and Crude Oil Prices, 1999-2007
  • 16. Figure 10-4. Annual Growth in GNP in Eastern Europe, 1986-2006, in Percentages Source: World Bank, World Development Indicators 2008.
  • 17. Figure 10-7. FDI Inflows in Billions of Current Dollars, 1990-2006 Source: World Bank, World Development Indicators 2008 .
  • 18. Figure 10-6. Long-Term Debt Outstanding in Russia and Three Countries in Eastern Europe in Billions of Current Dollars, 1981-2006 Source: World Bank, World Development Indicators 2008 .
  • 19.
  • 20.
  • 22. Real GDP Growth in China, 1961-2008 Source: World Bank, World Development Indicators 2008 .
  • 23. Per Capita Income in China, 1980-2006, in Dollars Source: World Development Indicators 2008.
  • 24. Figure 10-9. U.S. Exports to and Imports from China, 1989-2007, in Billions of Current Dollars Source: U.S. Census Bureau, Foreign Trade Statistics. Note: The trade balance is the difference between exports and imports.
  • 25. Figure 10-11. Inflows and Outflows of Foreign Direct Investment into and from China, 1982-2006, in Billions of Current Dollars Source: World Bank, World Development Indicators 2008 .
  • 26. Figure 10-10. Long Term Debt Outstanding in China in Billions of Current Dollars, 1979-2006 Source: World Bank, World Development Indicators 2008 . .
  • 27.