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Understanding the Soft Budget Constraint

KORNAI, J.; MASKIN, E.; G. ROLAND. - In: VOPROSY ECONOMIKI 12 (2004)

(The Ending) The phenomenon of the soft budget constraint (SBC) in a competitive environment is analyzed in the second part of the article. Its consequences for banks and the role played in developing financial crises are considered. Political intervention in firms is studied. The conclusion is...

Persistent link: https://www.econbiz.de/10005681453

Understanding the Soft Budget Constraint

Kornai, J.; Maskin, E.; G. Roland. - In: VOPROSY ECONOMIKI 11 (2004)

Persistent link: https://www.econbiz.de/10005681545

Lasting Growth as the Top Priority: Macroeconomic Tensions and Government Economic Policy in Hungary

Kornai, J. - In: VOPROSY ECONOMIKI 10 (1996)

Persistent link: https://www.econbiz.de/10005681652

Postsocialist Transition: An Overall Survey

Kornai, J. - In: VOPROSY ECONOMIKI 1 (1996)

Persistent link: https://www.econbiz.de/10005681688

Legal Obligation, Non-Compliance and Soft Budget Constraint

Kornai, J. - In: VOPROSY ECONOMIKI 9 (1998)

Persistent link: https://www.econbiz.de/10005681963

Ten Years After "The Road to a Free Economy": The Author's Self-evaluation

Kornai, J. - In: VOPROSY ECONOMIKI 12 (2000)

Persistent link: https://www.econbiz.de/10005432249

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