Macroeconomic Adjustment and Reform in Planned Economies

Nopic
This paper examines the relationship between macroeconomic stabilization and market-oriented reform in planned economies. It emphasizes that market-oriented reform should enhance the likelihood that adjustment to exogenous disturbances will involve genuine adjustment in the sense of actually eliminating or at least reducing both internal and... READ MORE...

Publication date: April 1990
ISBN 9781451981568
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Publication date: April 1990

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