A theory of bailouts of firms and enterprises, with evidence from Polish industry
This thesis examines a number of aspects of a government policy of rescuing firms or enterprises that are in difficulties, with particular attention to the East European context. The first part of Chapter 2 examines a concept introduced by Janos Kornai, the "soft budget constraint", and ar...
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London School of Economics and Political Science (University of London)
1990
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.645257 |