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Business and Economics
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China's state sector and non-state sector
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financial dual track
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pecuniary externality
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soft budget constraints
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Decentralized Financing, Centralized Financing and the Dual Track System: Toward a New Theory of Soft Budget Constraints
Che, Jiahua
-
2000
budget constraint syndrome in the
state
sector
(i.e., the centralized track) and the remarkable growth of the non-
state
…
sector
(i.e., the decentralized track) in China. …
Persistent link: https://www.econbiz.de/10009477171
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