Dual Track Reforms: With and Without Losers

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CENTRO STUDI LUCA D'AGLIANO

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CENTRO STUDI LUCA D’AGLIANO
DEVELOPMENT STUDIES WORKING PAPERS

N. 204

November 2005

Dual Track Reforms: With and Without Losers

Jiahua Che*

Giovanni Facchini**

* Hong Kong University of Science and Technology and William Davidson
Institute

**University of Illinois at Urbana Champaign and University of Milan

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