Soft Budget Constraint - The Emergence, Persistence and Logic of an Institution - Skoog, Gun Eriksson

Name: Soft Budget Constraint - The Emergence, Persistence and Logic of an Institution - Skoog, Gun Eriksson
Brand: Springer-Verlag New York Inc.

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This is a story of the soft budget constraint. THE SOFT BUDGET CONSTRAINT The soft budget constraint is today a popular metaphor. ' He distinguishes between four major forms of external financial assistance that contribute to the soft budget constraint: soft subsidies, soft taxation, soft credit and soft 2 administrative pricing.

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