Liberalization and the Behavior of Output During the Transition From Plan to Market /
This paper deals with liberalization and the evolution of output during the transition from plan to market. It explains why strong liberalization leads to a comparatively steep fall in output early in the transition, but a relatively strong recovery later on. Because it takes time to restructure the...
Auteur principal: | Hernandez-Cata, Ernesto |
---|---|
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
1997.
|
Collection: | IMF Working Papers; Working Paper ;
No. 1997/053 |
Sujets: | |
Accès en ligne: | Full text available on IMF |
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