Merlevede, Bruno; Schoors, Koen - In: Journal of Economic Policy Reform 10 (2007) 1, pp. 29-50
We analyse how the choice of reform speed, foreign direct investment (FDI) and economic growth affect one another. New reforms affect economic growth negatively, whereas the level of past reform leads to higher growth and attracts FDI. We simulate the impact of big bang and gradualist strategies...
