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Should price reform proceed gradually or in a "Big Bang"?.

By: Van Wijinbergen, Sweder.
Material type: materialTypeLabelBookSeries: The World Bank working papers no. 702. Publisher: Washington : World Bank, 1991Subject(s): Price Policy | Price control -- Price stabilization. -- Price control -- Price stabilizationSummary: Under gradual decontrol, speculation and hoarding create shortages which make reformist governments vulnerable to early perceptions of failure - a strong argument against gradualism in the decontrol of prices.
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Under gradual decontrol, speculation and hoarding create shortages which make reformist governments vulnerable to early perceptions of failure - a strong argument against gradualism in the decontrol of prices.

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