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...

Повний опис

Бібліографічні деталі
Автор: Hernandez-Cata, Ernesto
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1997.
Серія:IMF Working Papers; Working Paper ; No. 1997/053
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Онлайн доступ:Full text available on IMF