Soft Budget Constraints, Enterprise Restructuring and Economic Reform Policy
2004 (English)In: Eastern European Economics, Vol. 42, no 1, 75-95 p.Article in journal (Refereed) Published
This article uses the soft budget constraint (SBC) approach in order to explore an important facet of Romanian and Bulgarian economic reform experiences in the post-communist period. Comparative analysis framed on SBC lines reveals several major areas of convergence and divergence between the policies adopted by the two states, and explains the success and failure of solving the crucial problem of enterprise restructuring in these two countries.
Place, publisher, year, edition, pages
2004. Vol. 42, no 1, 75-95 p.
IdentifiersURN: urn:nbn:se:uu:diva-84113OAI: oai:DiVA.org:uu-84113DiVA: diva2:112021