The note deliberates on the advantages of political breakthroughs to achieve stabilization, analyzing three elements of economic transition: macroeconomic stabilization; liberalization of prices, and markets; and, profound institutional change. While, contrary to popular belief, political instability does not appear to be related to the type of economic program, one common factor stands out: the countries in Eastern Europe, and the former Soviet Union...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1994/08/31
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Краткие сведения
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21682
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1
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1
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2001/03/26
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Disclosed
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Stabilization loves political breakthroughs
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macro policies
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