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...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
1997.
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Serier: | IMF Working Papers; Working Paper ;
No. 1997/053 |
Fag: | |
Online adgang: | Full text available on IMF |