The limits of discipline: Ownership and hard budget constraints in the transition economies

Economics of Transition

Volumn 8, Issue 3, 2000, Pages 577-601

  Frydman, Roman ^a   Gray, Cheryl ^b   Hessel, Marek ^c   Rapaczynski, Andrzej ^d  

^a NEW YORK UNIVERSITY   (United States)

^b WORLD BANK GROUP   (United States)

^c FORDHAM UNIVERSITY   (United States)

^d NONE   (United States)

Author keywords

Financial discipline; Ownership; Performance; Transition

Indexed keywords

PERFORMANCE ASSESSMENT; POLITICAL ECONOMY; SMALL AND MEDIUM-SIZED ENTERPRISE; TRANSITIONAL ECONOMY;

EID: 0033664626     PISSN: 09670750     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0351.00056     Document Type: Article

References (2)

1. Bai, Chong-en and Yijang Wang (1998), 'Bureaucratic Control and the Soft Budget Constraint', Journal of Comparative Economies, 26(1), pp. 41-61.
2. Balcerowicz, Leszek, Cheryl W. Gray and I. Hashi (1998) Exit Processes in Transition Economies: Downsizing, Workonts, and Liquidation, Budapest: Central European University Press.