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An extensive program of economic liberalization reforms, even when it generates positive outcomes, does not automatically generate support for further reforms. Societies respond with strong support only after experiencing the effects of reversing these reforms (i.e. corruption, inequality of...
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One of the strongest stylized facts of the transition is also one of the most unexpected: after 1989 Central and … Eastern European and Former Soviet Union countries diverged massively. Institutions are a main reason. The EU anchor thesis …
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