Political Feasibility and Investment in Economic Transformations /
The paper characterizes the feasibility of economic transformation as requiring the simultaneous attainment of macroeconomic stability, political support, and adequate private investment. Macroeconomic stability is defined as fiscal balance; political feasibility is related to the income gains and l...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
1993.
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Serier: | IMF Working Papers; Working Paper ;
No. 1993/057 |
Online adgang: | Full text available on IMF |