Skip to main content
Report

The Transition As A Catastrophe: From Theory To Policy, 1994

Written by

The application of the general equilibrium paradigm to the analysis of the transition from command to market economy is quite natural. By definition this process can be considered as a movement from a shortage, inventory burdened economy, to a balanced and efficient one.

This website uses cookies for functional and analytical purposes. By continuing to browse it, you consent to our use of cookies and the CSD Privacy Policy. To learn more about cookies, incl. how to disable them. View our Cookie Policy.