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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Dettagli Bibliografici
Autore principale: Isard, Peter
Altri autori: Aizenman, Joshua
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1993.
Serie:IMF Working Papers; Working Paper ; No. 1993/057
Accesso online:Full text available on IMF