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The no-exit economy: Soft budget constraints and the causes of success or failure of economic reforms in developing countries

  • Raiser, Martin
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    File URL: http://econstor.eu/bitstream/10419/46939/1/256940061.pdf
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    Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 581.

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    Date of creation: 1993
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    Handle: RePEc:kie:kieliw:581
    Contact details of provider: Postal: Kiellinie 66, D-24105 Kiel
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    1. S Estrin & P Hare & M Suranyi, 1992. "Banking in Transition: Development and Current Problems in Hungary," CEP Discussion Papers dp0068, Centre for Economic Performance, LSE.
    2. Burgess, Robin & Stern, Nicholas, 1993. "Taxation and Development," Journal of Economic Literature, American Economic Association, vol. 31(2), pages 762-830, June.
    3. János Kornai, 2014. "The soft budget constraint," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 64(supplemen), pages 25-79, November.
    4. Jong-Wha Lee, 1993. "International Trade, Distortions, and Long-Run Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 40(2), pages 299-328, June.
    5. Kornai, Janos, 1985. " Gomulka on the Soft Budget Constraint: A Reply [Kornia's Soft Budget Constraint and the Shortage Phenomenon: A Criticism and Restatement]," Economic Change and Restructuring, Springer, vol. 19(2), pages 49-55.
    6. Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
    7. Daniel C. Hardy, 1992. "Soft Budget Constraints, Firm Commitments, and the Social Safety Net," IMF Staff Papers, Palgrave Macmillan, vol. 39(2), pages 310-329, June.
    8. Easterly, William & Kremer, Michael & Pritchett, Lant & Summers, Lawrence H., 1993. "Good policy or good luck?: Country growth performance and temporary shocks," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 459-483, December.
    9. David Begg & Richard Portes, 1993. "Enterprise debt and economic transformation (Financial restructuring of the state sector in Central and Eastern Europe)," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 1(1), pages 116-117, 01.
    10. Kornai, Janos, 1993. "The Evolution of Financial Discipline under the Postsocialist System," Kyklos, Wiley Blackwell, vol. 46(3), pages 315-36.
    11. Wing Thye Woo & Anwar Nasution, 1989. "External Debt Management," NBER Chapters, in: Developing Country Debt and Economic Performance, Volume 3: Country Studies - Indonesia, Korea, Philippines, Turkey, pages 114-129 National Bureau of Economic Research, Inc.
    12. Schweickert, Rainer, 1991. "Efficient real exchange rate adjustment in developing countries: alternative devaluation strategies, economic structure, and sequencing of reforms," Kiel Working Papers 473, Kiel Institute for the World Economy.
    13. Holger Schmieding, 1993. "From plan to market: On the nature of the transformation crisis," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 129(2), pages 216-253, June.
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