'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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Dettagli Bibliografici
Autore principale: Feltenstein, Andrew
Altri autori: Nsouli, Saleh
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2001.
Serie:IMF Working Papers; Working Paper ; No. 2001/098
Accesso online:Full text available on IMF