Liberalization and the Behavior of Output During the Transition From Plan to Market /
This paper deals with liberalization and the evolution of output during the transition from plan to market. It explains why strong liberalization leads to a comparatively steep fall in output early in the transition, but a relatively strong recovery later on. Because it takes time to restructure the...
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Main Authors: | , |
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Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1997
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Series: | IMF Working Papers ;
Working Paper No. 97/53 IMF Working Papers; Working Paper ; No. 1997/053 IMF eLibrary |
Subjects: | |
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