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Partial Differential Equations,ver, Tinbergen concluded underlining that: «It is … hardly conceivable that we will soon be able to indicate precisely where the optimum lies, or even to say whether ‘East and West’ will actually ‘meet’ in their attempts to find the ‘welfare summit’».

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Costs of Transition That Are Not Costs: On Non-Welfare-Reducing Output Fallnes elsewhere even before the beginning of transition programmes generated a lot of criticism. This criticism came from the not so numerous defenders of the communist order and more numerous believers in painless transition to the market.

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Central Issues in Contemporary Economic Theory and Policyhttp://image.papertrans.cn/b/image/191828.jpg

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