The Soft Budget Constraint. The Emergence, Persistence and Logic of an Institution.
Gun Eriksson Skoog
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Description for The Soft Budget Constraint. The Emergence, Persistence and Logic of an Institution.
Hardback. Provides an understanding of why the soft budget constraint exists. By investigating state-owned enterprises in Tanzania before, during and after socialism, this book examines the prevalence of the soft budget constraint. The soft budget constraint is defined as an informal institution. Num Pages: 400 pages, biography. BIC Classification: KCB; KJU. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 235 x 155 x 23. Weight in Grams: 1700.
This is a story of the soft budget constraint. It seeks an answer to a paradox: the prevalence of the soft budget constraint in spite of the tremendous inefficiencies that it gives rise to, and its persistence in spite of reform of the system of which it is an integral part. The story aims at increasing our understanding of why the phenomenon exists. By studying the case of state in Tanzania before, during and after socialism, an explanation of the owned enterprises emergence, persistence and logic of the soft budget constraint is suggested. This introductory chapter presents an argument showing ... Read more
This is a story of the soft budget constraint. It seeks an answer to a paradox: the prevalence of the soft budget constraint in spite of the tremendous inefficiencies that it gives rise to, and its persistence in spite of reform of the system of which it is an integral part. The story aims at increasing our understanding of why the phenomenon exists. By studying the case of state in Tanzania before, during and after socialism, an explanation of the owned enterprises emergence, persistence and logic of the soft budget constraint is suggested. This introductory chapter presents an argument showing ... Read more
Product Details
Format
Hardback
Publication date
2000
Publisher
Kluwer Academic Publishers United States
Number of pages
400
Condition
New
Number of Pages
400
Place of Publication
Dordrecht, Netherlands
ISBN
9780792379102
SKU
V9780792379102
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
Reviews for The Soft Budget Constraint. The Emergence, Persistence and Logic of an Institution.
`In the fast-growing literature on this phenomenon The Soft Budget Constraint: The Emergence, Persistence and Logic of an Institution by G.E. Skoog opens a new path: this is the first book applying the study of the concept to a developing country. It provides in a lucid style rich empirical material and convincing analysis of the ... Read more