From Centrally-Planned to Market Economies : The Road from CPE to PCPE /

This paper deals with the early stages of transformation of centrally-planned economies (CPEs) into market economies during which expectations play a key role. It focuses on the transitional phase during which the economy is not any more a CPE but has not yet become a market economy. During this pha...

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Bibliographic Details
Main Author: Frenkel, Jacob
Other Authors: Calvo, Guillermo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/017
Online Access:Full text available on IMF