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...

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Tác giả chính: Erbas, S.
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2002.
Loạt:IMF Working Papers; Working Paper ; No. 2002/050
Truy cập trực tuyến:Full text available on IMF