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- W100295547 abstract "Since the early 1980s, we have seen the rise and fall of two categories of transitional economies. The fi rst category is due to self-engineered economic reform. China is a specifi c example of economic reform orchestrated by the government maintaining its own political system: communism. The essence of self-engineered reform is one country with two economic systems: one existing system centrally controlled by the government and the other new system based on a market economy, designating special economic zones to attract foreign capital. Vietnam and Cuba also fall into the self-engineered economic reform category. The second category is a forced economic reform resulting from a sudden collapse of the communist economic and political system. Russia is a typical example of a transitional economy caused by the demise of its own past system. Many eastern and Baltic European countries fall into this category as well. Although transitional economies tend to encounter similar problems, such as hyper-infl ation, 1 we fi nd successful cases with economic" @default.
- W100295547 created "2016-06-24" @default.
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- W100295547 date "2010-01-01" @default.
- W100295547 modified "2023-09-24" @default.
- W100295547 title "Exchange Rate Arrangements of Transitional Economies and Their Implications for the Two Koreas" @default.
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