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Disequilibrium analysis in developing economies : an overview (anglais)

A general theory of distortions in product and in factor markets distinguishes between endogenous and policy-imposed distortions. The literature has tended to focus on policy-imposed distortions in product markets, and on endogenous distortions in factor markets. This paper analyzes policy-imposed distortions in product and in factor markets of developing economies. Section I briefly describes the principal policy-imposed distortions observed, reviews...
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