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Cash Constraints and Credit Corsets : The Chimera of Interenterprise Credit

The buildup of interenterprise credit in many Central and Eastern European countries is often seen as a problem that requires a government bailout. The authors show that arrears rise only temporarily, as the hard budget constraint bites, and then p...

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Bibliographic Details
Main Authors: Condon, Timothy, Ramachandran, S.
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCOUNTING
ACCRUAL ACCOUNTING
BALANCE SHEETS
BANKING SYSTEM
BANKRUPTCY
CENTRAL BANK
CENTRAL BANKS
COMMERCIAL BANK LOANS
COMMERCIAL BANKS
COMMERCIAL PAPER
CORPORATE INCOME TAXES
CREDIT CEILINGS
CREDIT MARKETS
CREDITOR
CREDITORS
DEBT
DEBTS
DEFICITS
EXCHANGE RATES
EXCISE TAXES
HUMAN CAPITAL
INCOME
INFLATION
INTERENTERPRISE ARREARS
INTEREST RATES
INVENTORIES
INVENTORY
LAWS
MONETARY AUTHORITIES
MONETARY POLICY
NOMINAL INTEREST RATES
NONBANK CREDIT
PRIVATIZATION
RESOURCE ALLOCATION
TAX ADMINISTRATION
TAXPAYERS
WAGE TAXES
WAGES
WORKING CAPITAL GOVERNMENT ROLE
BAIL-OUT LOANS
CREDIT CONTROLS
CREDIT EFFECTIVENESS
ENTERPRISES
MARKET ECONOMY
Online Access:http://documents.worldbank.org/curated/en/1995/03/441460/cash-constraints-credit-corsets-chimera-interenterprise-credit
http://hdl.handle.net/10986/11676

Internet

http://documents.worldbank.org/curated/en/1995/03/441460/cash-constraints-credit-corsets-chimera-interenterprise-credit
http://hdl.handle.net/10986/11676

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