Interenterprise Arrears in Post-Communist Economies

Interenterprise Arrears in Post-Communist Economies
The reasons for the growth of interenterprise debt are analyzed. It is suggested that it results mainly from the appearance of normal trade credit in a liberalized economy, and when a monetary squeeze is part of a stabilization attempt that is not credible. In the latter case, the result can be a sharp fall in output. Non-market and market... READ MORE...

Publication date: April 1994
ISBN 9781451975109
$15.00

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