The author identifies fundamental economic changes in the last 20 years that have influenced the emergence of a new paradigm on economic reform. The new orthodoxy on economic reform emphasizes smaller government, trade liberalization, business deregulation and privatization, macroeconomic austerity, and the role of free markets for resource allocation and growth. After describing diverse country experiences in economic reform, the author summarizes...
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INFORMATION
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1992/09/30
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Document de travail de recherche sur les politiques
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WPS981
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1
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1
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2010/07/01
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After socialism and dirigisme : which way?
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economic reform