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Comment on "Russia's Struggle with Stabilization : Conceptual Issues and Evidence" (anglais)

This volume consists of two comments on Sachs' paper, "Russia's Struggle with Stabilization: Conceptual Issues and Evidence," followed by a summary of the floor discussion on the paper. Both comments analyze the Sachs model and its policy implications, including implications for foreign aid. The first comment discusses two key questions in deciding whether Russia had or has a chance to stabilize. The first question concerns the choice of a transparent...
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