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Research
BPEA | 1991 No. 21991, No. 2
There is little doubt that the irresistibly inefficient communist era is
over, but the shape of the new regime is unclear. In this paper, we reflect
on what difference a shift in power from the center to the republics will make. In short, do borders-meaning the locus of political authority as
well as geographical size-matter for economic growth or for economic
reform?