Big Bang" Versus Gradualism in Economic Reforms : An Intertemporal Analysis with an Application to China"

An Intertemporal Analysis with an Application to China

Big Bang" Versus Gradualism in Economic Reforms : An Intertemporal Analysis with an Application to China"
This paper reviews briefly the controversy in the literature concerning the speed of adjustment and sequencing of reforms, and presents a model parameterized with Chinese data. The model is used to generate different policy simulations to illustrate some of the key issues in the debate on the speed and sequencing of reforms, and not to provide a... READ MORE...

Publication date: August 2001
ISBN 9781451852141
$15.00

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