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This book presents a unified analysis of transition. Transition in Central and Eastern Europe has led to a U-shaped response of output, that is, a sharp decline in output followed by recovery. This U-shaped response, its causes and its implications, are the subject of this text. Now available in paperback.
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The economics of post-communist transition, Olivier Blanchard
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- Released
- 1998
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- (Paperback)
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