Economy in Transition

Critically evaluate the approaches, main obstacles and issues of economic reforms of the Soviet Union (Russia) and China, and assess the role of government in assuring the smooth transition from a planned economy to a market economy. Draw on at least two economists’ studies and evaluate their arguments and findings.

Your paper should be 5-6 pages in length, well-written, and formatted according to APA Requirements.  Additionally, cite at least two economists’ studies.