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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Detalhes bibliográficos
Autor principal: Hernandez-Cata, Ernesto
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1997.
Colecção:IMF Working Papers; Working Paper ; No. 1997/053
Assuntos:
Acesso em linha:Full text available on IMF