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Untersuchungsabschnitte befassen sich mit dem laufenden Reformprozeß selbst. Nach einer Bestandsaufnahme der Systemtransformation wird eine …
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The paper analyzes common issues emerging from the recent experience with Fund-supported programs in Hungary, Poland …, Czechoslovakia, Bulgaria and Romania. These comprise the initial price-overshooting and the output collapse, fiscal sustainability as … privatization programs. Substantial success, in varying degrees, has been achieved in the initial macro-stabilization and opening …
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