Economic Crisis in a Shortage Economy /

It is not unusual for reforming socialist economies to relax wage controls without hardening budget constraints on enterprises or freeing consumer goods prices. This policy can be dangerously destabilizing. While higher wages permit workers to purchase more of some goods, they also tend to exacerbat...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Osband, Kent
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1991.
سلاسل:IMF Working Papers; Working Paper ; No. 1991/038
الوصول للمادة أونلاين:Full text available on IMF