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...

Descripció completa

Dades bibliogràfiques
Autor principal: Hernandez-Cata, Ernesto
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1997.
Col·lecció:IMF Working Papers; Working Paper ; No. 1997/053
Matèries:
Accés en línia:Full text available on IMF