'Big Bang' Versus Gradualism in Economic Reforms : An Intertemporal Analysis with an Application to China /
This paper reviews briefly the controversy in the literature concerning the speed of adjustment and sequencing of reforms, and presents a model parameterized with Chinese data. The model is used to generate different policy simulations to illustrate some of the key issues in the debate on the speed...
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2001/098 |
| Acesso em linha: | Full text available on IMF |