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| Tekijä: | Clifton, E. Khan, M. |
| Otsikko: | Interenterprise arrears in transforming economies |
| Lehti: | Staff Papers
1993 : SEP, VOL. 40:3, p. 680-696 |
| Asiasana: | ROMANIA AUTHORITY POLICY |
| Kieli: | eng |
| Tiivistelmä: | This paper reviews Romania's experience with interenterprise arrears during 1991 with the purpose of extracting lessons that might prove useful for other economies in transition to market-based systems. The rapid growth of interenterprise arrears poses a serious policy problem in many of the transforming economies of Eastern Europe , as well as in the republics of the former Soviet Union. This paper discusses the development of these arrears and the policies implemented by the authorities to try to resolve the problem. |
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