Social Cost of Inflation

A. Institutions and institutional change

1. Discuss the links between politicians and state owned enterprises

2. Gradualism re-examined. What are the key arguments pro- and against fast economic reforms?

3. Discuss the mutual links between the economic performance and political constitution

4. Discuss Some of the Social Implications of Economic Reform in the Transition Countries.

5. Is banking reform important for the economic growth?

6.Did competition help to achieve positive effects of privatisation?

7. In a well-functioning capital market, ownership characteristics shouldn?t matter for performance. Discuss.

8. What do we know about the determinants of economic growth in transition countries?

9. Was the institutional transition home-made or imported? Discuss the impact of the European Union and international organisations
10. Discuss what are the negative economic and social implications of high inflation

11. Why are the banking sectors more developed in some countries than in other?

C. The human factor: entrepreneurship, innovation, education
12. Discuss the concept of the entrepreneurial economy, its causes, and implications

13. Discuss policies and institutions that are likely to support the ?opportunity-driven entrepreneurship?

14. Why there is less entrepreneurship in transition countries?

15. Explain why there may be a link between income distribution and entrepreneurship and freedom of entry.
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