Abstract

Twodifferent paths toreform appears to have led to twodifferent outcomes in economic performance. What are the lessons? PolicyRearch Woing Papers disseminate the fuidings of work in pogress and encourage theexchange of ideas among Bank staffand allohinerstedindevelopmentissuesThesepapes,disbutedbythReshAdvisoryStaffcarythenamesoftheauthors,rdflect only theirviews,andshouldbeused andcited accordingly.Thefindings,intrpretions,andconclusionsaretheauthor'own.Theyahould not be attibuted to the Wodd Bank, its Board of Diractors, its management, or any of its mnember countries. Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed