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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References
IMF et al.: A Study of the Soviet Union, 3 vols., Paris, February 1991.
The Compensatory and Contingency Fund Facility.
See also Willi Wapenhans: The Challenge of Economic Reforms in Eastern Europe, in: Finance and Development, Washington, December 1990, pp. 2–5.
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The article expresses the private opinion of the authors. The article was finalized at the end of November 1991.
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Kleine, KH., Thien, E. The role of the IMF and the World Bank in the former Eastern Bloc countries. Intereconomics 27, 20–27 (1992). https://doi.org/10.1007/BF02929421
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DOI: https://doi.org/10.1007/BF02929421