В отсутствие последней, либерализац

В отсутствие последней, либерализация, стабилизация, и особенно приватизация, вместо развития экономики, наоборот ведет к ее рецессии.

Результаты (английский) 1:

In the absence of the latter, liberalization, stabilization, and especially privatization, the development of the economy, instead of vice-versa leading to recession.

Результаты (английский) 2:

In the absence of the latter, liberalization, stabilization, and especially privatization, instead of economic development, on the contrary it leads to recession.

Результаты (английский) 3:

In the absence the last, liberalization, stabilization, and especially privatization, rather than development of the economy, on the contrary leads to its recession.