Inter-Enterprise Arrears in a Post-Command Economy: Thoughts From a Romanian Perspective
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| 100 | 1 | |a Daianu, Daniel |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Inter-Enterprise Arrears in a Post-Command Economy |b Thoughts From a Romanian Perspective |c Daianu, Daniel |
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| 520 | 3 | |a The paper considers that strain is the main source of inter-enterprise arrears in post-command economies. Strain can be linked with the structure of the economy and the size of resource misallocation. Inter-enterprise arrears "soften" markets and operate as a self-protecting device against the pressure for change. As temporary quasi-inside money, arrears fuel inflation. A paradox of policy credibility in undertaking structural adjustment is emphasized. Rising exports can be a possible side effect of arrears and a constraining factor: the size of the economy is seen as affecting the relationship between arrears and exports. An operational framework for containing arrears would Include: "breaking up" structure; Imposing a disciplining "straitjacket" on structure; industrial policy ("picking losers among losers") and targeted external assistance. Containing arrears can not be a one shot policy-drive; here one deals with a process that will overlap in time with the evolving environment | |
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| id | DE-604.BV048345576 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:42:09Z |
| institution | BVB |
| isbn | 1451847459 9781451847451 |
| language | English |
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| oclc_num | 1337142000 |
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| physical | 1 Online-Ressource (30 p) |
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| publishDate | 1994 |
| publishDateSearch | 1994 |
| publishDateSort | 1994 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF Working Papers |
| spellingShingle | Daianu, Daniel Inter-Enterprise Arrears in a Post-Command Economy Thoughts From a Romanian Perspective |
| title | Inter-Enterprise Arrears in a Post-Command Economy Thoughts From a Romanian Perspective |
| title_auth | Inter-Enterprise Arrears in a Post-Command Economy Thoughts From a Romanian Perspective |
| title_exact_search | Inter-Enterprise Arrears in a Post-Command Economy Thoughts From a Romanian Perspective |
| title_full | Inter-Enterprise Arrears in a Post-Command Economy Thoughts From a Romanian Perspective Daianu, Daniel |
| title_fullStr | Inter-Enterprise Arrears in a Post-Command Economy Thoughts From a Romanian Perspective Daianu, Daniel |
| title_full_unstemmed | Inter-Enterprise Arrears in a Post-Command Economy Thoughts From a Romanian Perspective Daianu, Daniel |
| title_short | Inter-Enterprise Arrears in a Post-Command Economy |
| title_sort | inter enterprise arrears in a post command economy thoughts from a romanian perspective |
| title_sub | Thoughts From a Romanian Perspective |
| url | http://elibrary.imf.org/view/IMF001/03630-9781451847451/03630-9781451847451/03630-9781451847451.xml |
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