'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...

Descripció completa

Dades bibliogràfiques
Autor principal: Feltenstein, Andrew
Altres autors: Nsouli, Saleh
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2001.
Col·lecció:IMF Working Papers; Working Paper ; No. 2001/098
Accés en línia:Full text available on IMF