Economic Development in Countries in Transition. Consideration of the legal, political and institutional structures appropriate to stimulate development of sustainable market economies in post-socialist countries in transition, focusing especially on the former Yugoslavia. Consideration of approaches for privatization of socialist enterprises, strategies for regional economic integration, and nature of sovereign authority conferred on international and local agencies under political trusteeship, as in Bosnia and Kosovo. Dr. Besim Beqaj (Visiting Lecturer) and Prof. Perritt.