The role of the IMF and the World Bank in the former Eastern Bloc countries |
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Authors: | Karl-Heinz Kleine Ernst Thien |
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Institution: | 1. Deutsche Bundesbank, Frankfurt am Main, Germany
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Abstract: | Although the main responsibility for carrying out economic reforms in the countries of Central and Eastern Europe lies with these countries themselves, the transformation of the Soviet-style economic system into a market economy must be made easier by support from abroad. In this the International Monetary Fund and the World Bank will play an important part. |
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