THE PATH TO STABILITY AND GROWTH: THE CASE OF SLOVENIA
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Slovenia's economic transformation is usually considered successful. It deviated from the theoretical patterns: its general approach to the reforms was rather conservative and was inclined to the tolerate inflation. The decisive period was between 1991 and 1994 when the government implemented the crucial reforms creating the favourable conditions for inflation to decrease and, at the same time, turn the economy toward sustained growth.
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