Cash Constraints and Credit Corsets : The Chimera of Interenterprise Credit
The buildup of interenterprise credit in many Central and Eastern European countries is often seen as a problem that requires a government bailout. The authors show that arrears rise only temporarily, as the hard budget constraint bites, and then p...
| Main Authors: | , |
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| Format: | Viewpoint |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/1995/03/441460/cash-constraints-credit-corsets-chimera-interenterprise-credit http://hdl.handle.net/10986/11676 |