Transition Economies

dar482

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Nov 3, 2007
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I don't really know where to ask this, but I need to write an essay for my Transition Economics class, which deals with transition economies from socialism, like China, Central/Eastern Europe, and the Soviet Union. It can also deal with issues that they still have up until recently.
Can anyone help me with an interesting issue to write about?
 
While that sounds somewhat interesting to read about, I think my professor would want the essay to deal with what we learned in class instead of looking the other way around.
 
I see, your professor wants you to regurgitate the lies he taught you.

How about the privatization in the former USSR? It basically was a loot and pillage operation by the former Communist party insiders, instead of truly turning over state operations to the people.

In fact, I heard that Gorbachev reassured the Politburo: "Don't worry, we can change our economy to 'capitalism' and the handful of you will still control the economy."
 
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