II. The Speed of Adjustment
A. Adjustment Costs
E. Other Factors
A. Trade Reform
B. Capital Account Liberalization
C. Financial Markets
D. Price Liberalization, Market Reform, and Privatization
IV. Guidelines for Reform
Box 1. Definitions of Speed and Sequencing
1. The Speed of Adjustment: Contradictory Views?
2. Schematic Views of Selected Sequencing Proposals
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