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Widespread shortages in key inputs are common in mixed economies of developing countries. These shortages appear to occur at the same time that relatively high

Trade liberalization in developing countries is frequently opposed on the grounds that, because it is likely to cause a deterioration in the external balance, i

The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past

This paper argues that the development of human capital in the public sector should be an important ingredient in any proposed set of “second-generation” re

Dynamics of the Mixed Economy applies the insights of modern Austrian political economy to examine economic policy in mixed economies. It compares and contrasts