Structural Adjustment and Liberalisation in Developing Countries: What Lessons Have We Learned?
回顾了关于改革顺序的研究证据,探讨了宏观经济改革是否应优先、渐进式改革是否比“大爆炸”更持久、政治稳定是否是可持续改革的先决条件,为考虑经济政策改革的发展中国家提供教训。
In the context of the literature on the sequencing of reform, this paper reviews the evidence of a range of studies and draws out the lessons and implications for developing economies contemplating economic policy reform. Three questions form the core of this assessment. First, are there theoretical grounds to underpin some 'optimal' sequencing of economic reforms and is it necessary that macroeconomic reforms take precedence? Second, are reforms that are introduced gradually more enduring than a 'big bang' approach? Finally, is political stability a prerequisite to sustainable reform? The answers offered are all, to a greater or lesser degree, affirmative. Copyright 1993 by WWZ and Helbing & Lichtenhahn Verlag AG