Primeron Reforms in a Second-Best Ambiguous Environment : A Case for Gradualism /
Ambiguity, as opposed to uncertainty, reflects lack of sufficient information about distribution and payoffs of infrequent events. Reforms are infrequent events, undertaken in ambiguous second-best environments where bad reform outcomes are feasible. A general case for the gradualist reform strategy...
| Autore principale: | |
|---|---|
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2002.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2002/050 |
| Accesso online: | Full text available on IMF |