| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1015 |
| DP1015 Globalization and the Inequality of Nations | |
| Anthony Venables; Paul Krugman | |
| 发表日期 | 1994-09-30 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | The paper develops two economic grounds for gradualism in the context of the Russian move towards a market economy: one for the support of output through subsidies, another for similar support through credit. The first argument relates to the usual case for softening the blow to a sector hit by an adverse, permanent shock. The other argument depends on the absence of a well-functioning capital market. Having presented the two arguments, we discuss the extent to which they justify the course of Russian policy. Essentially we show that the arguments support much less gradualism than actually took place in Russia in 1992 and 1993. |
| 主题 | International Macroeconomics |
| 关键词 | Credit Russia Socialist economies Subsidies Transition Unemployment |
| URL | https://cepr.org/publications/dp1015 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530157 |
| 推荐引用方式 GB/T 7714 | Anthony Venables,Paul Krugman. DP1015 Globalization and the Inequality of Nations. 1994. |
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