| Description |
1 online resource (42 pages) |
| Series |
IMF Working Papers; Working Paper, 1018-5941 ; No. 94/43 |
|
IMF Working Papers; Working Paper ; no. 94/43
|
| Summary |
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 solutions to this problem are analyzed, and the advantages of the latter over the former are stressed |
| Notes |
Print version record |
| Subject |
Creditors.
|
|
Debtors.
|
|
IED.
|
|
Interest.
|
|
Romania.
|
| Form |
Electronic book
|
| Author |
Rostowski, Jacek
|
| ISBN |
1451975104 |
|
9781451975109 |
|
